Renovated apartment near metro in a representative period building

The apartment building is located directly by the U3 'Schweglerstraße' underground station and offers 20 fully renovated apartments, including seven newly converted attic apartments. The building, a corner Gründerzeit building from the turn of the century, presents a meticulously designed street façade, a corner avant-corps and stucco cornices. A representative entrance hall with a brass chandelier and a bright staircase with original stone slabs additionally distinguish the building.

Location description and infrastructure:

The property is located in Vienna's 15th municipal district, Rudolfheim-Fünfhaus, near the popular Reithofferpark. The area around the modernized Westbahnhof is currently experiencing an upswing and offers good infrastructure with shops for daily needs on Märzstraße and at Westbahnhof. The Schweglerstraße underground station is only 75 meters away, and Westbahnhof offers additional connections via the U3 and U6 underground lines. The property is also ideally accessible by private transport via Felberstraße and Neubaugürtel.

Area overview:

• Total plot area: 486,00 m² (408,00 m² building area, 78,00 m² garden area)
• Usable area: 1.813,29 m²
• This includes 150 m² of balconies, terraces and roof terraces.

Completion:

Renovation and attic conversion were completed in March 2023.

Financial data:

• Apartments: 838,01 m², annual income: 562.338,00 Euro
• Photo shop: 445,01 m², annual income: 72.009,28 Euro
• New apartments (assumption): 530,27 m², annual income: 464.516,00 Euro
• Total annual income: 1.098.863,28 Euro

Purchase conditions & ancillary costs:

• Purchase price: 13.500.000 Euro
• Land register registration fee: 1,1%
• Real estate transfer tax: 3,5%
• Contract preparation costs: 1,5%
• Broker's commission: 3% of the purchase price, plus 20% VAT.

We are always happy to provide you with further information or arrange viewing appointments.