2-room apartment with excellent potential Arthaber Park

2-room apartment with excellent potential

This 2-room apartment on the 1st floor with lift access offers an excellent opportunity for buyers specifically looking for a property requiring renovation. Thanks to extensive thermal renovation around 10 years ago – including thermal insulation and window replacement – the building itself is in good condition. The apartment, on the other hand, requires modernisation and offers ideal conditions for renewing the layout, materials and fittings according to your own ideas.

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

The apartment has a functional floor plan that is ideally suited to modern renovation:

• Spacious entrance hall with sufficient space for storage
• Bright living room with a classic layout
• Large bedroom facing the courtyard – ideal for a quiet retreat
• Kitchen with washing machine connection (fittings require replacement)
• Bathroom with bathtub, accessible via the kitchen (in need of modernisation)
• Separate WC with hand basin

Street-facing windows and the kitchen are additionally fitted with external blinds.

The apartment is handed over fully furnished, but is in need of renovation, leaving no limits to individual design ideas.

As of 31.12.2023, the property’s reserve fund balance amounts to approximately EUR 85,000.00.

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

Excellent infrastructure – everything within walking distance

The location impresses with excellent public transport connections and optimal local amenities:

• Tram station approximately 3 minutes on foot
  • direct connection to U1-Reumannplatz in just 3 minutes
• Vienna Central Station
  • approximately 10 minutes by public transport / 8 minutes by car
• Quick connection to the supra-regional road network via Laxenburger Straße

Local amenities & facilities around Arthaberplatz:

• Favoriten adult education centre directly opposite
• Herzpassage with numerous shops approximately 5 minutes away
• Supermarket and pharmacy just approximately 3 minutes on foot
• Favoriten district office at U1-Keplerplatz approximately 8 minutes on foot
• Urban, practical, well connected – and yet located in a quiet area.

Purchase price: € 179,000,--

The agent is acting as a dual broker!

Infrastructure / distances

• Health
  • Doctor <75m
  • Pharmacy <175m
  • Clinic <375m
  • Hospital <1.425m
• Children & schools
  • School <50m
  • Kindergarten <325m
  • University <800m
  • Secondary school <2.200m
• Local amenities
  • Supermarket <150m
  • Bakery <250m
  • Shopping centre <1.075m
• Other
  • ATM <375m
  • Bank <325m
  • Post office <300m
  • Police <650m
• Transport
  • Bus <175m
  • Underground <600m
  • Tram <175m
  • Railway station <600m
  • Motorway access <1.525m
• Distances as the crow flies / source: OpenStreetMap