Rental Property Vienna 23rd Dist.

This attractive rental property in Vienna's 23rd district offers approx. 914 m² of usable space, consisting of 227 m² residential and 686 m² commercial space. The property is fully leased until 2027, generating monthly net rental income of €10,668.75. The apartments have been renovated, the courtyard facade equipped with full thermal insulation, and windows replaced in 2010. A modern ground-floor restaurant holds a valid operating permit and features a guest garden. A submitted plan exists for demolition and new construction with potential for approx. 3000 m². Heating is floor-by-floor with gas firing. The purchase price is €1,790,000.

Highlights

• 914 m² usable space (residential + commercial)
• Fully leased until 2027
• Monthly rental income: €10,668.75 net
• Renovated apartments and facade
• Windows renewed in 2010
• Modern restaurant with guest garden
• Submitted plan for 3000 m² new build
• Garden area of 1600 m²

Location & Surroundings

The location in the 23rd district is excellent with bus stops right outside the door. S-Bahn lines (S1, S3, S9), ÖBB trains, and trams are reachable in minutes. The Riverside shopping center with 55 shops, dining, and gym is 2 bus stops away. Supermarkets like Lidl and Müller, pharmacy, banks, schools, kindergartens, and doctors are within 500 m. The Vienna Woods are nearby for nature lovers.

Additional Information

• Purchase price: €1,790,000
• Current yield: approx. 5.9 %
• Additional income from advertising space possible (approx. €400/month)
• PV system with 29 kWp possible