Apartment Indefinitely Rented Underground Parking

Investment apartment and parking space with great yield in the 15th district!

For sale are a 1-room apartment with about 40 m2 of living space as well as an underground garage space in the same building.

The building, dating from 1998, is located not far from Park Wieningerplatz and about 5 minutes' walk from the U3 Johnstrasse station. The bus 10A, the Meiselmarkt shopping center, daily needs, restaurants and cafes, the Forschneritsch-Park and Auer-Welsbach-Park are also within about 5 minutes' walk. It takes about a 15-minute walk to Schloss Schönbrunn.

The building contains an elevator, a laundry room, a drying room, a bicycle room and an underground garage.

The apartment has a perfect layout for a 1-room apartment: It consists of an anteroom, a large storage room, a separate toilet with a hand wash basin, a bathroom with a shower, sink and washing machine connection, as well as a large living room with kitchenette. The apartment includes a spacious cellar compartment.

According to the energy certificate, heating and hot water are supplied by district heating.

The apartment and the building give a very well-kept impression. In the building there are an elevator, a laundry room, a drying room, a bicycle room and an underground garage.

In the repair reserve were, according to the estimate of the property management, with the end of 2025 about 437.000,- EURO available.

The units for sale are separate and each rented on an indefinite term.

The purchase price for the apartment and the parking space together is 185.000,- EURO. This yields a return of about 3.540%!

Additional info: If you rent out as a landlord without VAT, the yield would increase accordingly (about 3.931%), as currently rented with VAT.

Please note: The apartment and the parking space must be acquired together, as they are jointly registered in the land register!

Annual net income from the apartment and parking space: currently 6.548,97 EUR (12x net rent for the apartment at 488,75 EUR plus 12x net rent for the garage parking space at 57,00 EUR)

• Operating costs for the apartment monthly: 83,60 EUR incl. VAT
• Water/warm- and heating-accounts monthly: 45,64 EUR incl. VAT
• Reserve for the apartment monthly: 30,40 EUR
• Operating costs for the parking space monthly: 21,60 EUR incl. VAT
• Reserve for the parking space monthly: 7,20 EUR

Purchase additional costs:

• 3,5% real estate transfer tax
• 1,1% registration fee
• 3% plus 20% VAT broker's commission
• approx. 1,2% plus 20% VAT and possibly other costs - depending on the contract administrator

For further information and documents I am happy to provide at [email protected] or 0699 19 47 90 03.

Viewings are possible by appointment!

For the apartment there is an energy certificate with the code C and an HWB of 51 kWh/m2pa.

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

The broker acts as a dual agent.