NEW PRICE - 2-room period apartment in need of renovation with potential near Lorenz-Bayer-Park

Highlights

• Needing renovation – ideal basis for individual redesign
• Good location in the 16th district with local amenities and tram connections

Property description

For sale is an approximately 40 m² old-build apartment on the 2nd floor of a well-maintained residential building in Vienna’s 16th municipal district.

The apartment needs renovation and offers a compact layout with two rooms. During a redesign, the entrance hall could, for example, be used for a bathroom with WC. The kitchen could be moved into the living room. The apartment is currently in an original condition corresponding to its age and is sold as is.

Condition

The apartment requires complete renovation. All surfaces and technical installations (sanitary, electrical, etc.) must be renewed.

Layout

• Entrance hall (currently with kitchen and shower)
• Living room
• Bedroom

Location & infrastructure

The apartment is located in the 16th district near Kongresspark, with good local amenities and quick public transport connections.

Infrastructure in the surrounding area:

• Shops for everyday needs (supermarkets, bakeries, pharmacies)
• Medical care (general practitioners and specialists)
• Leisure & recreation: Kongresspark, Kongressbad

Public transport:

• Tram: Line 2 (Dornbach – Friedrich-Engels-Platz)

Price

Purchase price: € 119.000

Monthly costs according to the forecast (approx. € 174,38.- gross):

• Repair reserve: €34,06
• Operating costs water advance payment: €31,86
• Operating costs advance payment: €89,82
• Management fee: €4,38
• Service fee: € 1,70

Preparation of the contract

Mag. Georg Kampas
Costs: 1,5 % of the purchase price + cash expenses + 20 % VAT.

The agent acts as a dual agent.

Infrastructure / distances

• Healthcare
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <500m
  • Hospital <1.500m
• Children & schools
  • School <500m
  • Kindergarten <500m
  • University <1.500m
  • Secondary school <1.000m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping centre <1.000m
• Other
  • ATM <500m
  • Bank <500m
  • Post office <500m
  • Police <500m
• Transport
  • Bus <500m
  • Underground <1.000m
  • Tram <500m
  • Train station <1.000m
  • Motorway connection <4.000m

Distance information as the crow flies / source: OpenStreetMap