Apartment Tenanted with Park View Schubertpark

The property is a well-maintained corner house built in 1990 with a magnificent view of the Schubertpark across the street. The building comprises a ground floor, four upper floors, and a roof floor. A total of 19 residential units and 17 parking spaces in the in-house underground garage are for sale.

The building benefits from its prime location in the 18th district, directly opposite the popular Schubertpark. Here you can enjoy the ideal combination of urban living and green recreation on your doorstep.

A variety of shopping options, charming cafés, restaurants and the traditional Kutschkermarkt are in the immediate vicinity. Pharmacies, banks and other local providers are also quickly reachable – everything that makes daily life convenient.

Connections to public transport are excellent: With the U6 “Währinger Straße,” tram lines 40 and 41, and bus lines 37A and 40A, you can reach Vienna’s city center in a few minutes.

A location that combines urban comfort with high quality of life – ideal for owner-occupiers as well as investors.

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 further steps. Request now without obligation!

The layout of this well-cut new-build apartment is as follows:

• Foyer
• Bathroom with tub & WC
• Storage room
• Living kitchen with kitchenette

An indefinitely tenanted condominium offers an attractive combination of immediate rental income, long-term planning security and tax advantages.

• indefinitely tenanted
• attractive purchase price for future appreciation
• regular income immediately after purchase
• current net main rent: EUR 555,37 / month
• current return before ancillary costs of 3%
• worth of the property
• indexed rent adjustment
• tax advantages
• upon vacancy, market rent / increase in yield
• prospect of own use or profitable resale

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

Please note: Due to the existing tenancy, a viewing is currently not possible. We are happy to provide further documents upon request.

Underground parking spaces could be purchased from € 15.000,- in the in-house underground garage.

Costs

For the sake of good order we note that, unless otherwise stated in the offer, in the event of a successful closing a commission is charged that corresponds to the rates set in the Immobilienmaklerverordnung BGBI. 262 and 297/1996 – that is 3% of the purchase price plus 20% VAT. This commission obligation also exists if you pass on the information provided to third parties. There is a close economic relationship with the seller.

The drafting of the contract and escrow processing is bound to Dr. Christian Marth (Vavrovsky Heine Marth Rechtsanwälte) A-1010 Vienna, Fleischmarkt 1. The costs amount to 1.5% + 20% VAT + cash outlays.

The broker acts as a dual agent.

Infrastructure / Distances

Health

• Doctor <125m
• Pharmacy <350m
• Clinic <350m
• Hospital <650m

Children & Schools

• School <100m
• Kindergarten <375m
• University <850m
• Secondary school <275m

Convenience

• Supermarket <225m
• Bakery <275m
• Shopping center <900m

Other

• ATM <275m
• Bank <275m
• Post <350m
• Police <350m

Traffic

• Bus <225m
• Subway <600m
• Tram <225m
• Train station <675m
• Motorway access <2.425m

Distances as the crow flies / Source: OpenStreetMap