Dream apartment in the heart of Vienna, light-filled old building gem amid the historic setting of the Graben, low operating costs

Dream apartment in the heart of Vienna, light-flooded period gem, amid the historic setting of the Graben, completely renovated and low operating costs

Property description

In an absolutely sought-after prime location – directly on the Graben in the 1st district – this charming period apartment is offered for sale. The historic magnificent building was completely renovated and modernized in 2020 and today combines classic Viennese elegance with state-of-the-art building quality.

The apartment itself is in first-class, near-new condition. Typical of Vienna’s period-building heritage, the room impresses with magnificent, imposing ceiling heights. Thanks to the optimal south-east orientation, the living rooms are exceptionally light-flooded and inviting at every time of day.

The absolute highlight: An imposing, large double window (French balcony) in the living room offers a unique panoramic view of the Viennese Graben and is close to St. Stephen’s Cathedral.

Key facts & features

• Living area: approx. 38.35 m²
• Layout: entrance hall, 1 spacious room with double window into balcony, separate kitchen, modern bathroom with WC
• Living room: flooded with light through the double French balcony (floor-to-ceiling windows without balcony), a real functional eye-catcher
• Flooring: High-quality and tiled throughout
• Bathroom and WC: perfectly designed walk-in shower, high-quality wall-hung toilet and fittings - Exclusive furnishings
• Heating: Efficient underfloor heating (very low heating and hot-water costs), low operating costs
• Condition of the building: completely renovated and modernized in 2020

Financial advantage & potential In addition to its incomparable location, this property stands out with extremely low running costs, rarely found in the 1st district. An ideal investment property with exceptionally high potential.

• Operating costs: Only 198.19 € per month (already including allocation to the repair reserve)
• Highlights: Low hot-water and heating costs, outstanding rental potential (currently a commercial tenant is present, with rental income of €2,600,- p.m. Tenant can be taken over, but does not have to be)
• Value retention in Vienna’s best location

We point out that a family or economic relationship exists between the broker and the third party to be brokered.

The broker acts as a dual agent.

Infrastructure / distances

• Health
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <500m
  • Hospital <1,500m
• Children & schools
  • School <500m
  • Kindergarten <1,000m
  • University <500m
  • Upper school <500m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping center <1,000m
• Other
  • ATM <500m
  • Bank <500m
  • Post office <1,000m
  • Police <500m
• Transport
  • Bus <500m
  • Underground <500m
  • Tram <1,000m
  • Train station <500m
  • Motorway access <3,500m

Distances measured as the crow flies / Source: OpenStreetMap