Only a few steps from the Opera | 5th floor (last regular floor) with elevator | Indefinitely rented prewar apartment | Tenant born in 1939

For sale is an indefinitely tenanted old-style apartment with ca. 109,4 m² of living space in an absolute top location in the 1st district on Operngasse, only a few steps from the State Opera. The apartment is located on the last regular floor (5th floor with lift) of an impressive corner tenement from 1870 with an elegantly divided street façade, the attic has already been expanded. The apartment is oriented southwest toward Elisabethstraße. The apartment is in a condition worn by long-term tenancy. The indefinite tenancy with the tenant born in 1939 has existed since December 1969. An absolute asset of the apartment is the potential for value appreciation when the apartment becomes vacant.

The location of the apartment in the heart of Vienna, only a few steps from the State Opera, ranks among the most desirable locations in the 1st district. World-famous sights such as St. Stephen’s Cathedral, the Burggarten, the Hofburg and the Albertina are only a short walk away.

Highlights

• Best location just a few steps from the Opera
• potential for value appreciation when the apartment becomes vacant (Tenant born 1939)
• last regular floor (5th floor) with lift (barrier-free)
• impressive corner tenement with elegantly divided street façade
• attic already expanded

Info about the apartment

• LIVING AREA: ca. 109,4 m²
• ROOMS: 3 + separate kitchen
• FLOOR: 5th floor = last regular floor - DG already expanded
• ELEVATOR: yes
• ORIENTATION: Southwest (toward Elisabethstraße)
• CEILING HEIGHT: ca. 3 m
• CELLAR: yes

Info about the tenancy

• Since 1.12.1969 indefinitely rented
• Tenant birth year 1939
• according to LMR currently the only registered person in the apartment (as a secondary residence)
• HMZ: € 724,28 net per month currently - HMZ value secured per lease
• Net rental income p.a.: € 8.691,36 currently

Purchase price: € 1.100.000,00

Operating costs: € 303,95 incl. 10% VAT per month currently

Lift operating costs: € 34,05 incl. 10% VAT per month currently

Rep. reserve: € 122,96 p.M. currently

Commission: 3% of the purchase price plus 20% VAT

Contract drafting: 1,5% net plus 20% VAT, plus out-of-pocket expenses and notarial costs (Mag. Claus Schmidt-Gentner)

Do not hesitate to arrange a viewing appointment today! I look forward to your inquiry!

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We would like to point out that between the broker and the third party to be mediated there is a familial or economic close relationship.

The broker acts as a dual agent.