Premium property perfectly revitalized townhouse with charm in the heart of Wiener Neustadt

The purchase object

From the very first glance at this lovely middle house from the turn of the century, it becomes clear that here lies a jewel on the Wiener Neustädter inner-city rental market. It is well maintained, inviting, everything is perfectly coordinated—from the generous storefronts to the facade design. How precisely the revitalization of this property in a prime central location has been carried out is visible even more once you enter the property: the apartments shine stylishly, are unique and high-quality equipped. Simply top!

But when we take a closer look: The overall condition of the property is to be rated as excellent and representative. Thus the entire property was subjected in 2016/2017 – taking into account the historic old building fabric – to a comprehensive general revitalization. The riser lines were renewed, the facade and the stairwell were revitalized. The roof was reroofed in 2010. In the coming years there are therefore no substantial renovation measures to be expected.

The building has a total usable floor area of approximately 744 m^2 and consists of

• Ground floor
• the first upper floor
• the raw attic

The property is divided into

• two commercial premises (ca. 477 m^2)
• three exclusive apartments (ca. 267 m^2)

All units are in top condition. Thus the three residential units (1st floor) are extensively renovated first leases. Two units offer generous outdoor spaces in the form of terraces (ca. 23 and 21 m^2). The apartments feature fully equipped brand kitchens from the company DAN, high-quality parquet floors and partly external shading. Likewise the two commercial premises (EG) were adapted and equipped with modern, high-quality glass portals.

The property is partially rented. The annual net rental income currently amounts to € 43.849,68,-. Through the future leasing of the currently available commercial space (ca. 265 m^2) at 9€/m^2 these increase to € 72.000,-. The "target yield" amounts to ca. 4,2%.

The purchase price is € 1.690.000,- plus VAT. This corresponds to a net purchase price per m^2 of approx. € 2.272,-.

This property ranks among the most beautiful and best renovated in Wiener Neustadt's entire inner city!

We look forward to presenting this unique property to you in more detail soon—and are happy to provide further detailed information on request.

We would like to point out that there is a familial or economic close relationship between the intermediary and the third party to be mediated.

The intermediary acts as a dual agent.