Rented condominium of approx. 140 m² – Existing property for investors

In Förstergasse, a well-connected location in Leopoldstadt, a spacious condominium on the 3. Liftstock of a Gründerzeit building erected around 1900 is for sale. The building was further developed structurally by an attic conversion in 2004.

The apartment has been rented on an unlimited basis since 01.05.1978. It is therefore not aimed at owner-occupiers with short-term housing needs, but at investors with a long-term investment horizon and an understanding of tenant-occupied old buildings.

Thanks to a classic, very generous room layout, the approximately 140 Quadratmeter Wohnfläche are distributed over a total of five rooms, a separate kitchen, entrance hall, bathroom and WC.

The urban and well-connected location near Taborstraße, Augarten and Praterstern provides a connection of classic inner-city infrastructure with proximity to green and recreational areas: shops for daily needs, gastronomy, public transport and established neighborhood structures are easily accessible. The Karmelitermarkt is also one of the defining addresses of Leopoldstadt and complements the urban environment with market flair, local supply and gastronomy.

The special attractiveness of this property lies in the combination of large living space, old building substance and long-term development potential. This property is particularly suitable for buyers who are not dependent on short-term owner-occupation, but who recognize the substance, location and long-term development potential of a large old building apartment. If the apartment becomes vacant later — subject to legal review and the presence of the statutory requirements — in particular the apartment size of over 130 m² can be legally relevant for a future re-rental.

In addition to the generous living space and long-term development potential, the location also speaks for this property: Due to its good connections, the apartment also offers an attractive urban micro-location from a long-term investor perspective.

Due to the existing tenancy and out of respect for the tenants' privacy, no interior photos are available. Marketing is therefore deliberately transparent based on the floor plan and the available property documents. Further information on the tenancy, current yields and the property documents is gladly provided to qualified interested parties upon request.

Note on viewings:

• Viewings are only possible by prior appointment and with regard for the existing tenancy.
• We ask for your understanding that appointments will only be coordinated with seriously interested and correspondingly pre-informed parties.

Other information:

The purchase price for this spacious, tenant-occupied condominium in Leopoldstadt is 395.000 EUR.

Legal notice:

Additional costs are incurred upon conclusion of a purchase contract. If the purchase contract does not come about, our activity for you remains completely free of charge. Please refer to the overview of additional costs for details. In the event of a conclusion with you or a third party named by you, our fee (according to the fee regulation for real estate agents, BGBI. 262 and 297/1996) is 3 % of the purchase price plus statutory VAT. We would also like to inform you that we act as a double agent for this property (§ 5 Abs. 3 MaklerG). A close economic relationship to the owner is indicated.

Due to the new Distance Selling and Off-premises Contracts Act to implement the EU Consumer Rights Directive, we ask for your understanding that we can only send you the requested property documents by e-mail after your confirmation that you wish us to act in advance and have been informed about your right of withdrawal. Before you receive the documents, you will receive a separate e-mail with the necessary notice.

The above information is based on information provided by the owner. Errors excepted.

Note pursuant to the Energy Performance Certificate Presentation Act: An energy performance certificate has not yet been submitted by the owner or seller, despite our clarification of the generally applicable obligation to present it and the request to prepare it. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is agreed. We assume no warranty or liability for the actual energy efficiency of the property offered.

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

The intermediary acts as a double agent.

For further information and your very own viewing you can reach me here:

Claudia Schediwy, MBA

Wohntastic GmbH

Heiligenkreuzer Straße 9, 2384 Breitenfurt bei Wien

[email protected]

Mobil: +43 676 48 48 48 0