Tenement share with 222.000 Euro annual gross income, majority ownership

Welcome to a unique opportunity in the heart of Vienna’s 20th district – a majority interest in a rental apartment building (2367 of 2467 shares) and income-generating property that offers you not only a secure capital investment but also promising appreciation in value. This impressive property with a total area of 2,353 m² is offered for sale at a purchase price of € 5.260.000,00.

The solid building with a pitched roof features a loft conversion completed in 2023, including balconies and a passenger elevator, guaranteeing the highest level of comfort for tenants and visitors. The solid construction makes this property an attractive long-term investment.

The net monthly rental income is approx. 18,500 euros and results in an annual gross rental income of approx. 222,000 euros. The layout consists of:

• 26 apartments (partly combined) with a total of 1893,79 m²
• Commercial units with a total of 459,37 m²
• The units are partly rented on fixed-term leases (approx. 1183 m²) and open-ended leases (approx. 1105 m²)

Transport connections are optimal here: buses, the underground, trams and the nearby railway station ensure excellent accessibility within Vienna and the surrounding regions. In addition, the motorway connection is only a few minutes away, making this property extremely attractive for commuters as well.

Everything that makes daily life pleasant and uncomplicated can be found in the immediate vicinity:

• Doctors, pharmacies, clinics and hospitals can be reached quickly and provide safety and healthcare for all residents.
• Families benefit from a comprehensive range of educational facilities, with kindergartens, schools, secondary schools and a university in the surrounding area.
• There are also numerous shopping options nearby, including supermarkets, bakeries and a shopping center, ensuring that groceries and everyday necessities are always readily available.

This rental apartment building stands out not only for its location and features, but also for its enormous potential as an income-generating property. The high demand for housing in this vibrant and well-connected Vienna district guarantees stable rental income and secure appreciation in value.

Take the opportunity to invest in a property that meets the highest standards for both investors and future residents. This rental apartment building in 1200 Vienna combines comfort, location and returns in a unique combination.