Apartment Ownership in Art Nouveau Building

Built in 1904, this Art Nouveau building in Vienna’s 17th district Hernals comprises three permanently rented investment apartments totaling approximately 252 m².

The property has undergone a core renovation including the installation of an elevator and the refurbishment of all common areas.

The apartments feature bathrooms with bathtub and shower, tiled floors partly covered with carpet or linoleum, and fitted kitchens.

The current total monthly net rent is €511.75, resulting in an annual net yield of €6,141.

Location & Surroundings

Kastnergasse 21 is located in the 17th district Hernals, surrounded by numerous parks and the well-equipped Hernalser Hauptstraße. Supermarkets, bakeries, pharmacies and doctors are within a five-minute walk. Bus stops and tram lines are also less than 250 m away, while the subway and train station are about 1,000 m away.

Additional Information

Purchase prices start from €70,000. The properties are already completed and can be acquired at the gross purchase price. Energy efficiency class is C with a heating demand of 60.6 kWh/m²a.