SUPER INVESTMENT - approx. 3.31% yield - apartment and garage parking space - rented fixed term for 5 years

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

According to MA50 and BMWET, the apartment was built without using subsidies and can therefore be rented at an unrestricted rent.

For sale are a 1-room apartment with approx. 40 m2 of living space and an underground parking space in the same building.

The building, dating from 1998, is located near Wieningerplatz Park and about 5 minutes' walk from the U3 Johnstrasse station. The 10A bus, the Meiselmarkt with its shopping center, shops for everyday needs, restaurants and cafes, Forschneritsch Park and Auer-Welsbach Park are also within a radius of about 5 minutes' walk. Schönbrunn Palace is about 15 minutes away on foot.

The building has 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 entrance hall, a large storage room, a separate toilet with hand basin, a bathroom with a shower, washbasin and washing machine connection, as well as a large living room with kitchenette. The apartment also includes a spacious cellar storage unit.

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

The apartment and building are very well maintained.

According to the property management's estimate, there were approx. 437,000,- EURO in the maintenance reserve at the end of 2025.

The units for sale are rented separately:

The apartment is rented until 1.12.2031.

The parking space is rented indefinitely, but the rental agreement can be terminated with 3 months' notice.

According to information from MA 50 (New-Build Subsidy Office) and BMWET, no subsidies were used!

The purchase price for the apartment and parking space together is 198.000,- EURO!

This results in a return of approx. 3,31%!
Even when the estimated ancillary purchase costs of 10% are included, the return remains approx. 3,01%.

Additional information: If you rent out the property as a landlord without VAT, the return would increase accordingly (approx. 3,67%), as it is currently rented out with VAT (your tax advisor can tell you more!)

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

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

• Monthly operating costs for apartment: 83,60 EUR incl. VAT
• Monthly heating and hot water advance payment: 45,64 EUR incl. VAT
• Monthly reserve contribution for apartment: 30,40 EUR

• Monthly operating costs for parking space: 21,60 EUR incl. VAT
• Monthly reserve contribution for parking space: 7,20 EUR

Ancillary purchase costs:

• 3,5% real estate transfer tax
• 1,1% registration fees
• 3% plus 20% VAT broker's commission
• approx. 1,2% plus 20 % VAT and any additional costs - depending on the contract drafter

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

Viewings are possible by appointment!

An energy performance certificate for the apartment is available, with rating C and an HWB of 51 kWh/m2pa.

Please note that there is a family or economic relationship between the agent and the third party being represented.

The agent is acting as a dual agent.