Project in 1020 Vienna

An end building in the 2nd district, a few minutes’ walk from Augarten, with Karmelitermarkt within walking distance: basement, ground floor, four upper floors and an attic, accessed via a passenger lift in an external glass shaft. The building comprises 19 condominium units and is arranged around an inner courtyard.

Five units of different layouts are being offered: a vacant small apartment with lift, two investment apartments rented on an indefinite basis, a large workshop on the ground floor, rented on an indefinite basis, and a vacant storage area. Individually or as a package.

A building that appeals to three groups of buyers.

Rents of the offered units

• Workshop, 223,29 m²: € 2.021,55 net per month / € 24.258,60 per year.
• Apartment, 55,08 m²: € 230,49 net per month / € 2.765,88 per year.
• Apartment, 56,00 m²: € 494,17 net per month / € 5.930,04 per year.

Total principal rent: € 2.746,21 net per month / € 32.954,52 per year.

As of: rent assessment August 2026. Principal rents net, excluding operating costs, heating and lift costs, other charges and VAT. The annual amounts correspond to the monthly amount multiplied by twelve, before owner costs; they are not proof of payments actually received.

The total comprises exclusively the three rented units in the offer. The vacant apartment and the vacant storage area currently generate no principal rent.

For owner-occupiers, the vacant apartment on the lift floor; for investors, the rented units with old tenancy agreements – what is being purchased is substance and time, and a future change of tenant may open up additional potential –; and for commercial operators, the workshop and storage area in an urban location where such spaces are hardly offered anymore.

A building condition report from July 2025 is available and identifies a need for maintenance. It is available for the purchase review; current measures, resolutions and the cost burden of the respective unit must be clarified additionally.

Purchase prices of the individual units: see respective property

Success fee: 3% of the purchase price plus 20% VAT.

For enquiries or to arrange a viewing appointment, Mr David Hösch will be pleased to assist you at +43 660 162 02 47.

Errors and changes reserved! We expressly point out that the visible furniture or inventory is not included in the advertised price.

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

The broker is acting as a dual agent.