Apartment quiet location park view Arthaber Park

"2-room apartment with excellent potential"

This 2-room apartment on the first floor with elevator offers an excellent opportunity for buyers who are specifically looking for a renovation-ready property. The building itself is in good condition thanks to comprehensive thermal renovation about 10 years ago – including thermal insulation and window replacement. The apartment, however, requires modernization and offers ideal conditions to renew the layout, materials and equipment according to one's own preferences.

The quiet location with views of the Arthaber Park and the very good infrastructure make the apartment particularly attractive for owner-occupiers, investors or experienced renovators who are looking for a solidly structured apartment with future potential.

The apartment features a functional layout that is well suited for a modern renovation:

• Spacious entrance hall with ample space for storage
• Bright living room with a classic layout
• Large, courtyard-facing bedroom – ideal for a quiet retreat
• Kitchen with washing machine connection (renovation needed for fittings)
• Bathroom with bathtub, accessible from the kitchen (modernization needed)
• Separate toilet with hand basin

Street-facing windows and the kitchen are also equipped with exterior shutters.

The apartment will be handed over fully furnished, but it is in a renovation-needed state, which leaves no limits to individual design ideas.

As of 31.12.2023, the reserve fund of the property is around EUR 85,000.00.

This provides security and shows that responsible management is in place – an important factor for buyers who want to invest in a property with predictable framework conditions.

Excellent infrastructure – everything within walking distance

The location convinces with excellent public transport connections as well as an optimal local supply:

• Tram stop within about 3 minutes on foot
  • Direct connection to U1 Reumannplatz in just 3 minutes
• Vienna Central Station
  • About 10 minutes by public transport / 8 minutes by car
• Fast access to the regional road network via Laxenburger Straße

Nearby amenities around the Arthaberplatz:

• Vienna, Favoriten adult education center directly opposite
• Herzpassage with numerous shops about 5 minutes away
• Supermarket and pharmacy in only about 3 minutes’ walk
• District office Favoriten at U1 Keplerplatz about 8 minutes on foot
• Urban, practical, connected – and still quiet

Purchase price: € 179.000,--

The broker acts as a dual agent!

Information according to statutory requirements:

Heating energy demand: 72.3 kWh/(m²a)

Heating energy efficiency class: C

Overall energy efficiency factor: 2.05

Overall energy efficiency class: D