First occupancy after comprehensive renovation – 3-room apartment with balcony and good transport connections in Penzing

Revitalized Gründerzeit building in a sought-after location in 1140 Vienna

Some properties impress with their architecture, while others delight with their location. This residential project on Linzer Straße combines both. A comprehensive general renovation is creating a new residential offering in a characteristic Viennese Gründerzeit building, combining the distinctive charm of a classic period building with a carefully planned redesign.

The historic architecture provides a special setting for a residential concept tailored to different life situations. Whether a spacious family apartment, a stylish retreat for couples, or a stable investment, the different apartment sizes and floor plan options offer a wide range of possibilities.

Viennese period building, reimagined

As part of the construction project, the existing building will be comprehensively renovated and expanded. This includes renovating the apartments, common areas, façades, and courtyard areas, as well as converting two additional attic floors and installing a new passenger elevator. In addition, numerous structural and technical measures will be implemented, including the installation of an energy-efficient air-source heat pump, as well as the installation of underfloor heating.

Further information about the structural measures and features can be found in the construction and finishes specifications.

All apartments will be handed over turnkey and as first occupancy; completion of the project is planned for spring 2027.

General features

• Underfloor heating with integrated cooling function for year-round living comfort
• Energy-efficient air-source heat pump
• Triple-glazed windows
• High-quality genuine wood parquet flooring in the living areas
• Porcelain stoneware tiles in the wet rooms
• Modern sanitary fittings and designer fixtures
• Towel warmers and ceiling spotlights in the bathrooms
• New passenger elevator
• Private cellar compartment

Operating costs

The operating costs are expected to be approx. € 3 per m² of usable residential floor area.

Apartment 21

Apartment 21 combines the special charm of a classic Viennese period building with modern living comfort and offers an attractive home with three rooms across approx. 64,67 m². A particular highlight is the approx. 3,5 m² southeast-facing balcony, accessible directly from the kitchen and providing additional outdoor space in everyday life.

The separate living room forms a cozy focal point of the apartment. The separate kitchen offers sufficient space for a dining area and combines functionality with a pleasant living atmosphere. Two further rooms can be flexibly used as bedrooms, children’s rooms, or a study.

An entrance hall, a bathroom with a shower and washing machine connection, a separate WC with a washbasin, and a practical storage room complete the layout.

The apartment is ideal for couples or small families who appreciate period-building charm, a private balcony, and the comfort of being the first occupants.

Key details for Apartment 21

• approx. 64,67 m² living area
• approx. 3,5 m² balcony with southeast-facing orientation
• 3-room period apartment
• Located on the 2nd upper floor
• Living room
• Separate kitchen
• Two bedrooms
• Storage room
• Bathroom with shower and washing machine connection
• Separate WC with washbasin
• Entrance hall
• Cellar compartment

Location and infrastructure

The location is one of the project’s greatest advantages. Just a few minutes’ walk from Wien Penzing railway station and in the immediate vicinity of Schönbrunn Palace, the Technical Museum, and extensive parks, future residents can enjoy an ideal combination of urban accessibility and excellent leisure opportunities. Whether it’s relaxed walks in green surroundings, sporting activities, or a family outing to Schönbrunn Zoo, quality of life and excellent infrastructure come together here in a special way.

Transport connections:

Diesterweggasse stop: Tram lines 49, 52
Distance: 1 minute on foot

Linzer Straße, Reinlgasse stop: Tram lines 10, 52
Distance: 2 minutes on foot

Wien Penzing railway station stop: S-Bahn S45, S50
Distance: 3 minutes on foot

Purchase price for Apartment 21

Purchase price: € 420.355,00

Additional purchase costs

3,5 % real estate transfer tax
1,1 % land register registration fee
3,0 % broker commission plus 20 % VAT
1,5 % contract preparation costs plus 20 % VAT and cash expenses
(The contract preparer is specified)

The information about the property offered is based on information and documents provided to us by the owner. No guarantee or liability is accepted for the accuracy, completeness, or currency of this information. Changes, errors, and sale in the meantime are expressly reserved.

In accordance with the provisions of the Distance and Off-Premises Contracts Act (FAGG) and the Consumer Rights Directive Implementation Act (VRUG), viewing appointments can only be arranged after receipt of a written inquiry with complete contact details (via the contact form). The same applies to the provision of further property information, such as the exact location and other detailed data.

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

The broker acts as a dual agent.