Newly built tenement house with over 4.6% yield for sale

This newly built apartment building for rental (1/1 share) is offered for sale in an up-and-coming location in Vienna’s 23rd municipal district - Liesing. The property is located in Siebenhirten near the U6 station.

The ideal worry-free package for investors in apartment buildings who no longer want to struggle with conciliation-board disputes, high refurbishment expenses and a rigid MRG full-application tenancy law.

Here you will receive solid and sustainable rental income and a valuable investment in concrete gold!

The residential building was completed in 2024 and has been fully rented since then.

On the seller’s side, all apartments were equipped with fitted kitchens.

Pure architecture, well-designed floor plans and high-quality newly built apartments in well-maintained condition await you.

The residential complex is equipped with an efficient, future-proof heating system with an air-source heat pump and a solar system on the roof.

Key data:

• 22 residential units
• 5 garden/terrace apartments, 1 standard floor, 2 attic floors
• There are four apartment types in a total of 22 apartments:
• Apartment sizes between 38,82 m2 - 80,36 m2
• 1.189,15 m2 living space
• 374,29 m2 outdoor space
• 1.310,77 m2 weighted area
• All apartments with outdoor spaces - including private gardens, loggias, balconies and terraces
• Private underground garage with 12 full-sized PKW parking spaces

The apartment mix is as follows:

• 1x one-room apartment
• 12x two-room apartments
• 6x three-room apartments
• 3x four-room apartments

Features:

• Triple-glazed plastic/aluminium windows
• External sun protection (external venetian blinds or roller shutters)
• Oak parquet flooring
• High-quality sanitary installations, among others by the brand "Grohe"
• Tiled walk-in showers or bathtubs
• Tiling in a Mediterranean, friendly style
• Underfloor heating (via air-source heat pump and PV system on the roof)
• Air-conditioning systems in the apartments on the 2nd attic floor

Terms:

• Net monthly rent (excluding operating costs and VAT)
  • Monthly
  • Annually
  • Actual income – 22 apartments and 4 rented parking spaces
  • EUR 18.378,51
  • EUR 220.542,12
  • Target income at full occupancy – 22 apartments and 12 parking spaces
  • EUR 19.045,15
  • EUR 228.541,80

For the eight currently vacant parking spaces, rent of EUR 83,33 net p.m. each is included in the target income.

Purchase price: EUR 5.000.000,-- plus 20% VAT (asset or share deal possible)

In the event of success, the purchasing party or parties shall pay to 360lage eins GmbH (FN 436868 d), Bauernmarkt 10/20a, 1010 Vienna, a buyer’s broker commission of 3% of the purchase price plus 20% VAT. The commission is calculated on the notarised purchase price. We note that you first became aware of this property through our activities as real estate brokers. If you already knew this property as available for sale or rent, we request that you notify us in writing within 3 working days; otherwise, the commission arrangement shall be deemed agreed. This commission claim is expressly agreed in the same amount also for the cases provided for in § 15 MaklerG (failure to perform a necessary legal act contrary to good faith, conclusion of a transaction with the same purpose, conclusion with a third party as a result of passing on the opportunity to conclude the transaction, exercise of a pre-emption, repurchase or entry right). The size and income figures are information provided by the provider (owner or property management). The information has been checked by us; however, we must exclude any guarantee of its accuracy, completeness and current status. The broker declares that, within the meaning of § 5 Maklergesetz, it acts as a dual broker. Attention is drawn to the close economic relationship between the provider and 360lage eins GmbH.