3.7% net yield | Value-stable investment near Schönbrunn Palace: Permanently rented period apartment with bay window 3.7% net yield

For sale is an old-style apartment rented on an unlimited-term lease, located on the 2nd floor of a well-maintained corner building with a lift. The apartment has approx. 101 m² of living space with 2 rooms, a cabinet room, a kitchen with dining area, a bathroom, a separate WC and a storage room. A cellar compartment is also included.

The centrepiece of the apartment is the living room with bay window (approx. 28.08 m²). The bedroom, measuring approx. 24.48 m², is next to it. Both rooms have the generous proportions for which Viennese old-style apartments are valued. The cabinet room (approx. 12.10 m²) is suitable as a study or children's room. The entrance hall (approx. 13.71 m²), kitchen with dining area (approx. 11.01 m²), bathroom (approx. 5.28 m²), separate WC and a storage room measuring approx. 7.30 m² complete the apartment.

The living rooms have parquet flooring, while the wet rooms have tiled floors. Heating is provided by a gas individual heating system. The fitted kitchen, including appliances, belongs to the apartment. The cellar compartment, measuring approx. 11.84 m², provides additional storage space.

The apartment is rented on an unlimited-term lease. The current net main rent is € 896.36 per month and is index-linked. This results in annual net rent of € 10,756.32.

The apartment is suitable for investors seeking an old-style apartment that retains its value, with ongoing rental income in a sought-after location near Schönbrunn Palace. Viewings are possible by appointment with the tenant.

Key Highlights

• Approx. 101 m² of living space on the 2nd floor, lift in the building
• 2 rooms and cabinet room, living room with bay window
• Kitchen with dining area, fitted kitchen including appliances
• Bathroom, separate WC and storage room (approx. 7.30 m²)
• Parquet flooring in the living rooms
• Gas individual heating system
• Cellar compartment (approx. 11.84 m²)
• Net main rent € 896.36 per month, index-linked

Price Information

• Purchase price: € 239,000,–
• Net main rent: € 896.36 per month (rented on an unlimited-term lease)
• Annual net rent: € 10,756.32
• Real estate transfer tax: 3.5 %
• Land register registration fee: 1.1 %
• Commission: 3 % of the purchase price plus 20 % VAT.

Wolf & Sohn Immobilien acts as a dual broker. All area specifications are approximate values.

Your contact

Joseph Lachout
Wolf & Sohn Immobilien GmbH
+43 660 2621020 | [email protected] | www.wolfundsohn.com

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

The broker acts as a dual broker.