Investment apartment with immediate return

Condominiums in 1100 Vienna

Attractive investment opportunity in a sought-after location – Laxenburger Street

Two rented condominiums (Top 6 & Top 8) will be sold in a well-maintained residential building in 1100 Vienna, Laxenburger Street. These properties present an ideal opportunity for investors looking for an immediately income-generating property.

• Purchase price: € 275.000,- per unit
• Living area: approx. 75,53 m²
• Rooms: 3
• Year built: approx. 1993
• Modernization: approx. 2011
• Floor: accessible by elevator
• Heating: infrared heating
• Energy certificate: available
• Cellar compartment: approx. 3,14 m² (assigned, but not entered in the land register)
• Outdoor areas: no loggia / no balcony
• Car parking space: not available
• Condition: well maintained
• Availability: immediate, existing tenancies will be taken over

Photos coming

Both units are currently rented, resulting in an immediate cash flow:

• Top 6 – operating costs: € 432,54 per month

• Top 8 – operating costs: € 434,43 per month

Note: Electricity and heating costs are billed separately.

The property is located in a dynamically growing residential area in Vienna’s 10th district (Favoriten) with excellent infrastructure and high demand in the rental market.

• Tram lines in immediate proximity (direct connection to the city center)
• Rapid accessibility of the U-Bahn line U1
• Good connection to Vienna Central Station
• Fast connection to the Southeast Tangent (A23)

• Numerous supermarkets, bakeries and drugstores along Laxenburger Street
• Shopping options in close proximity (e.g., shopping centers and specialty stores)
• Pharmacies, banks and post offices within walking distance

• Kindergartens and schools in immediate vicinity
• Doctors, specialists and health facilities quickly reachable

• Parks and green spaces in the surroundings provide recreational opportunities
• Sports and leisure facilities nearby
• A variety of gastronomy and cafes

Investment Highlights

✔ Already rented – immediate income

✔ Good micro-location with stable demand

✔ Solid construction (built 1993) and modernized

✔ Efficient layouts (3 rooms)

✔ Excellent public transport connections

✔ Attractive value for money

These two apartments offer a rare opportunity for investors to invest in a already rented property with stable income potential in Vienna. The combination of a sought-after location, functional amenities and existing tenancy makes this offer particularly attractive.

We are happy to provide further documents as well as details of the rental agreements upon request.

The broker acts as a dual agent!

Exclusive sale

Raiffeisen Immobilien

Karin Plesiutschnig

0664/60 517 517 63

Our properties can be found at: www.raiffeisen-immobilien.at

Would you also like to sell your property?

Please arrange a free consultation with me at

0043 664/6051751763 - I look forward to your call

! We would like to inform you – broker contract (FAGG provisions)

We are happy to provide you with a non-binding, free offer with the address of the requested property or schedule an appointment with you if desired.

By signing this broker contract and visiting properties you incur no costs. Only with the conclusion of a purchase agreement or a lease agreement does remuneration occur and the commission arrangement of this contract is triggered!

Please understand that since June 13, 2014, due to the new EU directive, we can only send documents and information about our properties after we have your contact details including residential address and you confirm that you wish our early involvement and have been informed about your withdrawal rights. After your request you will receive an email with the relevant documents and a link to confirm these points.

Thank you!