Well-maintained tenement house in 1100 Vienna | approx. 616 m² usable area | approx. 4.16% yield

For sale is a well-maintained apartment building in a central and well-connected location in Vienna’s 10th municipal district, not far from Viktor-Adler-Markt and Favoritenstraße.

The property has a total usable area of approx. 615.93 m² and comprises a total of 11 units with an interesting mix of residential, commercial and storage areas. The property extends from the basement through the ground floor, 1st and 2nd upper floors to the converted attic floor.

A significant added value of the property is the attic floor converted between 2013 and 2014, which contains three residential units. The three attic apartments have usable areas of approx. 48.78 m², 54.40 m² and 49.48 m².

Overall, the building is presented in a well-maintained condition and offers an interesting opportunity for investors seeking a compact Viennese apartment building with existing income in an urban and well-connected location.

Key facts at a glance

• Total usable area: approx. 615.93 m²
• Total units: 11
• Usable area rented indefinitely: approx. 258.40 m² | 41.95%
• Usable area rented for a fixed term: approx. 357.53 m² | 58.05%
• Mix of residential, commercial and storage uses
• 3 residential units in the converted attic floor
• Attic conversion 2013–2014
• Well-maintained overall condition
• Attractive location near Viktor-Adler-Markt and Favoritenstraße
• Very good public transport connections

Location

The property is located in an urban area of Vienna-Favoriten with excellent infrastructure. The nearby Viktor-Adler-Markt and Favoritenstraße offer numerous shopping facilities, restaurants and amenities for everyday needs.

Public transport connections are excellent. Reumannplatz with the U1 underground line can be reached quickly and provides a direct connection towards Vienna city centre. Vienna Central Station can also be reached in a short time.

The combination of urban infrastructure and good public transport connections makes the location attractive both from a residential and an investor perspective.

Detailed information on rental agreements, income and the floor-area schedule will gladly be provided upon request with our detailed exposé.