Apartment with long term tenancy and 4.02% yield

Schanzstraße

In the heart of Vienna's 14th district, an extraordinary home is being created that combines the charm of bygone eras with modern living comfort. The 3SI Immogroup is carefully carrying out the measured restoration of this magnificent tenement house to preserve its historic character while meeting the highest modern living standards.

Across three floors, 12 stylishly renovated apartments are being created, which impress with high-quality fittings and well-thought-out room layouts. The living comfort is complemented by the installation of a modern lift. Here, classic old-building flair and timeless elegance merge into a unique living experience – a home for all who seek the extraordinary.

The location

The elegant tenement is located between Hütteldorfer Straße and Schmelz, in a popular and quiet residential area of Penzing. The excellent connection to public transport makes it possible to reach Vienna's city center in only 20 minutes – an ideal location for all who value both the tranquility of a neighborhood and proximity to urban life. In the surroundings there are numerous supermarkets, restaurants and everyday shops that further enhance living comfort and quality of life.

• U3-Kendlerstraße / U3-Hütteldorfer Straße (on foot) - 4 minutes
• Hütteldorfer Straße (on foot) - 5 minutes
• Schmelz (on foot) - 10 minutes
• Neubaugasse / Mariahilfer Straße (Public transit) - 14 minutes
• Stephansplatz City (Public transit) - 20 minutes

Are you thinking about selling your property?

We achieve for you the best possible price – professionally, discreetly and efficiently.

If desired, we also take care of financing, insurance and all other steps.

Now request a non-binding inquiry!

A permanently rented condominium offers an attractive combination of immediate rental income, long-term planning security and tax advantages!

Top 32 on the 3rd floor

• tenanted for an indefinite term
• attractive purchase price for future appreciation
• regular income immediately after purchase
• current net main rent: EUR 499,48 / month
• current yield before ancillary costs of 4,02%
• value retention of the property
• future rent adjustment
• tax advantages
• upon vacancy, market-conform rent / increase in yield
• prospect for owner-occupancy or profitable resale

This property is well suited as a mid- to long-term investment with solid development potential.

Please note: due to the existing tenancy, a viewing is currently not possible. If there is concrete interest (purchase proposal), we will gladly coordinate a personal on-site appointment with the tenant and provide you with further documents upon request.

Ancillary costs

For the sake of good order we note that, unless otherwise stated in the offer, in case of a successful closing a commission is due, which corresponds to the rates set in the Real Estate Agent Regulation BGBI. 262 and 297/1996 – that is 3% of the purchase price plus 20% VAT. This commission obligation also applies if you pass on the information provided to third parties. Finally, we would like to point out that we act as a dual broker and that there is a familial/economic close relationship between the 3SI Makler GmbH and the seller.

The preparation of the contract and fiduciary handling is tied to the law firm Mag. Schreiber A-1010 Vienna, Schottenring 16. The costs are 1,5 % of the purchase price plus 20 % VAT as well as out-of-pocket expenses and notarization. In case of external financing the fee increases to 1,8 % of the purchase price plus 20 % VAT, out-of-pocket expenses and notarization.

Note pursuant to Energy Certificate Submission Act: A energy certificate has not yet been presented by the owner or seller, after our clarification about the generally applicable submission obligation, and as a result a total energy efficiency corresponding to the age and type of building is deemed agreed. We assume no warranty or liability for the actual energy efficiency of the offered property.

We would like to point out that there is a familial or economic close relationship between the broker and the third party to be mediated.

The broker acts as a dual broker.

Infrastructure / Distances

Health

• Doctor <200m
• Pharmacy <275m
• Clinic <1.025m
• Hospital <1.300m

Kinder & Schools

• School <75m
• Kindergarten <325m
• University <550m
• Higher School <800m

Groceries

• Supermarket <100m
• Bakery <225m
• Shopping Center <725m

Other

• ATM <175m
• Bank <175m
• Post Office <175m
• Police <775m

Transport

• Bus <125m
• Underground <200m
• Tram <275m
• Train Station <250m
• Motorway Exit <4.975m

Distances are given as the crow flies / Source: OpenStreetMap