Project Kastnergasse in 1170 Vienna

The Art Nouveau building at Kastnergasse 21 in Vienna's 17th district Hernals was constructed in 1904 and core-refurbished in recent years. During the attic expansion, a passenger elevator was installed and all common areas renovated. The package includes three indefinitely rented condominium units totaling approximately 252 m². Current monthly net rent is 511.75 EUR, yielding an annual net income of 6,141 EUR. The units are well-maintained with fitted kitchens, floor-by-floor gas heating, and various floorings like tiles, carpet, and linoleum. Bathrooms feature both bathtub and shower.

• Passenger elevator installed
• Core refurbishment completed
• Indefinitely rented with stable income
• Fitted kitchens in all units
• Floor-by-floor gas heating
• Diverse floorings: tiles, carpet, linoleum
• Bathrooms with bathtub and shower
• Energy efficiency: heating demand 60.6 kWh/m²a (class C)

Location & Surroundings

The property is located in northwest Vienna's 17th district Hernals, featuring excellent infrastructure and numerous parks. Nearby Lidlpark offers soccer fields, tennis courts, and an athletics track. Hernals main street provides extensive shopping options. Bus and tram are less than 250 m away, subway and train station under 1,000 m. Supermarket, doctor, pharmacy, and school within 250 m. Kindergarten 500 m, highway access 3.25 km.

Additional Information

• Purchase prices from 70,000 EUR gross
• Property transfer tax 3.5 %, land register 1.1 %
• Energy certificate: demand-based, valid until 2032
• Completion already achieved
• Commission 3 % plus VAT