** ATTRAKTIVES SANIERUNGS JUWEL - INNENHOFSEITIG AUSGERICHTET - NEUBAU **

Your renovation-needing new-build jewel awaits you ... For sale is a renovation-needing new-build apartment on the 1st floor of a well-maintained residential building in the coveted Neulerchenfelder Straße. What makes this property special: Despite the central location, the apartment is completely courtyard-facing, and offers an exceptionally quiet living quality – a rare privilege in this vibrant urban neighborhood. With a living area of approximately 58 m² and an optimal 2-room layout, this property is an excellent opportunity for both owner-occupiers and investors.

• Spacious entrance hall
• Bright living area
• Quiet bedroom
• Separate kitchen
• Bathroom
• Toilet

Thanks to the good proportions, an attractive living concept can be realized here – perfect for singles, couples, or as an attractive rental property.

Condition & Equipment

The apartment is in renovation-needed condition and thus offers the possibility to create a personalized home or a high-quality investment property according to one's own ideas.

Particularly worth highlighting:

• Multi-glazed windows in good condition
• Gas-fired central heating
• New-build quality
• Courtyard orientation – absolute quiet

This combination provides a solid basis and excellent conditions for a value-enhancing modernization.

Location – Neulerchenfelder Straße

Neulerchenfelder Straße is among the most popular residential areas in the 16th district. It combines urban flair with excellent infrastructure:

• Supermarkets, cafes & restaurants within walking distance
• Tram, bus and subway in close proximity
• Fast access to the city center
• High demand in the rental market

A location that is particularly sought after by both owner-occupiers and tenants – and thus guarantees long-term value stability.

Costs & Economics

• Operating costs including reserve: € 214,- per month
• Purchase price: € 199.000,-

An exceptionally attractive entry price in this location – with significant potential after renovation.

Why this property?

• Quiet courtyard location despite urban surroundings
• Ideal size
• High demand for rentals in the area
• Perfect for owner-occupiers & investors
• Great potential for value appreciation
• Very attractive purchase price

Conclusion

This apartment is a rare opportunity for anyone seeking quiet living in a central location or a high-yield investment. With the right renovation, a true residential jewel will emerge here – or a highly attractive rental property in one of the most sought-after areas of Ottakrings.