THE ARIK - an investment for provision that pays off

THE ARIK – make prudent provisions – invest intelligently

“THE ARIK” is creating a residential project in Vienna-Ottakring that combines character and lasting value. 150 thoughtfully planned units, a broad range of apartment sizes and contemporary, sustainable features offer investors a solid basis for long-term stable rental income. Compact units meet a location that is highly sought-after by tenants – the best prerequisites for an investment apartment with a future.

Green living at the heart of the city

The project is located in a quiet, traffic-calmed cul-de-sac on Herbststraße in the 16th district, directly adjacent to Arik-Brauer-Park. In recent years, Ottakring has developed into one of Vienna’s liveliest neighbourhoods: Its proximity to the 7th district, established local amenities, cafés, restaurants and markets make the area particularly attractive to young professionals, students and couples. The nearby “Auf der Schmelz” recreational area provides opportunities for relaxation. The city centre can be reached quickly by underground, tram and Gürtel – a decisive factor for sustainable rentability.

The project

• 150 privately financed investment apartments
• Underground parking spaces
• 1- to 4-room apartments
• Apartment sizes between approx. 30 and 130 m²
• Flexible floor plans – combining apartments is still possible during the early construction phase
• Ceiling heights of up to 2.85 m
• Outdoor areas such as private gardens, balconies, loggias or terraces
• Quiet courtyard location with a landscaped inner courtyard
• Children’s playground
• Communal areas
• Energy class B (HWB 26 and fGEE 0.72)

The features

• Underfloor heating via district heating
• Photovoltaic system on the roof
• Air conditioning in the penthouse apartments
• Oak parquet flooring in the living areas
• High-quality tiles in the wet rooms
• Exterior electrically operated sun protection
• Preparation for e-mobility

Purchase prices of the investment apartments

from EUR 178.100,- to EUR 1.100.000,- net plus 20% VAT.

Expected rental income

from approx. EUR 16,75 to EUR 18,50 net/m²

3% customer commission

Completion: 2028

This offer concerns an investment apartment purchased for rental purposes. The stated purchase price is therefore plus 20% VAT. These details are subject to possible changes.

You can find a detailed overview on our EHL project homepage: https://www.ehl.at/wohnen/wohnprojekte/herbststrasse-6-10-1160-wien

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

The broker is acting as a dual agent.