Margareten, reimagined | Nine vacant historic apartments with elevator, a few minutes to the U4

A Gründerzeit building from the mid-19th century, located on a corner in the heart of Margareten – just a few minutes’ walk from Pilgramgasse U4 station, Naschmarkt and Schönbrunner Straße. In recent years, the building has been carefully developed further: a passenger lift was added and the attic was newly developed.

Nine vacant apartments are being offered, ranging from around 28 m² to around 139 m² – from the compact entry-level property to the large apartment occupying an entire floor with six rooms –, along with one fixed-term rented apartment and a commercial unit on the ground floor rented for an indefinite term, including a basement storage area. Individually or as a package.

Substance that has been inspected. Apartments waiting to be designed.

The building condition report dated September 2024 assesses the common parts of the building, including the roof, façade, windows and staircase. It provides a dated basis for assessing the maintenance requirements. Current resolutions and owners’ costs must be checked additionally.

The vacant apartments are handed over in their existing condition – unrestored, with high ceilings and clear layouts. This is taken into account in the price and makes them an ideal basis for one’s own vision: from a carefully renovated primary residence to an investment apartment whose rental can take place subject to the applicable tenancy-law requirements. Anyone wishing to design will find the scope to do so here.

The apartment concerned:

• 2nd floor
• 2 rooms
• Residential usable area: approx. 62.36 m²
• rented for a fixed term until 31.10.2026 (investment property)

The two-room apartment on the second floor is sold with the existing fixed-term tenancy. We will provide the tenancy agreement as part of the purchase review.

Note on the plan documents: The historical plan excerpt shows the original partial areas of the unit. It does not document the current combination or room layout of the rented unit. The brochure area of 62.36 m² and the current condition must be compared against the relevant documents and/or checked on site.

Rent: € 600.04 net per month / € 7,200.48 per year.

Status: assessment August 2026. Base rent excluding operating costs, heating and lift costs, other charges and VAT. Annual amount = monthly amount multiplied by twelve, before owners’ costs; no proof of payments actually received.

Purchase price: € 249,000,--

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

For enquiries or to arrange a viewing appointment, Mr Thomas Wagner will be pleased to assist you at +43 676 94 86 86 5.

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

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

The agent is acting as a dual broker.