Guldengasse - 2-room apartment on the ground floor in need of renovation

The 2-room apartment is located on the ground floor of a renovated residential complex dating from 1976 in the area of Linzer Straße / Guldengasse. The apartment faces east/west and is oriented exclusively towards Guldengasse and the inner courtyard of the residential complex, but not directly towards Linzer Straße. Shopping facilities, public transport and facilities for daily needs are within comfortable reach due to the nearby Linzer Straße.

Due to its ground-floor location, the living spaces are more visible from both Guldengasse and the inner courtyard. However, this can be effectively reduced with simple measures such as privacy films, pleated blinds or frosted privacy solutions, without having to forgo daylight. On the street side, the view includes, among other things, the petrol station opposite. The actual situation can be directly understood during a viewing and can be taken into account accordingly in any future redesign of the apartment.

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Condition and potential:

The apartment has around 54 m² of living space and a functional floor plan with two separately accessible rooms, a separate kitchen, bathroom, separate WC and central entrance hall. All rooms can be accessed from the entrance hall, providing a well-usable layout despite the compact living space.

The apartment is in need of extensive renovation and modernization. In particular, the floors, wall surfaces, kitchen and electrical installation no longer meet current residential standards. The existing electrical installation is outdated and must be taken into account accordingly as part of a comprehensive modernization. The bathroom was partially renovated at a later point in time, but overall the apartment should be assumed to require a fundamental redesign.

The condition of the residential complex itself is particularly noteworthy. In 2017, it was thermally and energetically modernized as part of comprehensive THEWOSAN renovation. The building has central heating, a passenger lift and excellent energy figures.

This property therefore combines an apartment in need of renovation with individual design possibilities and a largely modernized, economically solid residential complex.

Operating costs (excluding heating costs)

• Operating costs: EUR 123,73 (incl. VAT)
• Repair reserve: EUR 35,52
• Management fee: EUR 27,48 (incl. VAT)
• Total: EUR 186,73 (incl. VAT)

Heating:

• Building central heating (gas) with radiators. Individual consumption calculation.

Heating costs:

• Heating cost advance payment: EUR 46,34 (incl. VAT)
• Hot water advance payment: EUR 28,32 (incl. VAT)
• Total: EUR 74,66 (incl. VAT)

Cellar compartment:
A cellar compartment is assigned to the apartment for use.

Transport connections:

• Bus route 47A – Gruschaplatz approx. 110 m
• Tram route 52 – Gruschaplatz approx. 140 m
• Tram route 49 – Waidhausenstraße approx. 340 m
• Underground line U4 Ober St. Veit approx. 760 m
• Vienna Hütteldorf railway station approx. 1,8 km

Infrastructure:
Sports facilities, dining options, childcare and schools, medical care and shopping facilities in the nearby area provide very good infrastructure.

Furnishing:
The apartment will be handed over unfurnished (as viewed)

Available for occupancy:
after approval by the probate court

The preparation of the purchase agreement and escrow administration are bound to the notary’s office of the estate: Fee: 1,5 % (or 1,6 % in the case of wholly or partially external financing) of the purchase price + 20% VAT + fees + cash expenses + account fixed fee.

Exclusively commissioned / Exclusive sale:
IMMOTOTAL Immobilientreuhand GmbH
Schwedenplatz 2/51
1010 Vienna