Old building apartment in need of renovation - quiet residential location in the 10th district

Property description

For sale is an approximately 56.5 m² period apartment on the 3rd floor of a classic residential building in Vienna’s 10th municipal district.

The apartment comprises an entrance hall with kitchen area, two rooms and a small room. There is a shower facility in the kitchen area. The need for renovation offers ideal conditions for interested parties who wish to design their living spaces according to their own ideas and modern living standards.

The residential building presents itself as a classic Viennese period building and is located in a lively residential area with excellent infrastructure.

Condition

In need of renovation – the apartment is sold as is.

Location & infrastructure

The apartment is located in a popular residential area of the 10th district and impresses with excellent infrastructure. All facilities for everyday needs are located nearby.

Local amenities

• Several supermarkets (including BILLA, SPAR and Hofer) within <10 minutes on foot
• Bakeries, tobacconists, pharmacies and drugstores in the immediate vicinity
• Banks as well as numerous cafés and restaurants along Favoritenstraße
• Additional shopping facilities in BahnhofCity Wien Hauptbahnhof

Education & health

• Several kindergartens as well as primary, middle and secondary schools in the area
• General practitioners, specialists, dentists and pharmacies nearby
• Klinik Favoriten can be reached within a few minutes by car

Public transport connections

The apartment has excellent connections to Vienna’s public transport network:

• U1 Keplerplatz within <10 minutes on foot
• Tram lines 1 and 6 within <10 minutes on foot
• Wien Hauptbahnhof with long-distance, S-Bahn and regional services can be reached within a short travel time
• The planned extension of the U2 to Matzleinsdorfer Platz will further improve connections to the city centre in the future

Leisure & recreation

• Helmut-Zilk-Park and Sonnwendpark can be reached within a few minutes on foot and offer spacious green areas as well as leisure and sports opportunities
• Extensive shopping, dining and leisure opportunities along Favoritenstraße
• Schloss Belvedere and Schweizer Garten can be reached quickly by public transport

Price

Purchase price: € 159,000,-

Contract preparation

Mag. Georg Kampas
Costs: 1.5 % of the purchase price + cash expenses + 20 % VAT.

Outlook 2025

Operating costs: € 3.25/m²

Repair reserve: € 1.43/share

The agent acts as a dual agent.

Infrastructure / distances

Health

• Doctor <500m
• Pharmacy <500m
• Clinic <1,000m
• Hospital <1,500m

Children & schools

• School <500m
• Kindergarten <500m
• University <1,000m
• Secondary school <2,500m

Local amenities

• Supermarket <500m
• Bakery <500m
• Shopping centre <1,500m

Other

• ATM <500m
• Bank <500m
• Post office <500m
• Police <500m

Transport

• Bus <500m
• Underground <1,000m
• Tram <500m
• Train station <1,000m
• Motorway access <2,000m

Distances as the crow flies / Source: OpenStreetMap