Rental building with attic expansion and 5.3 % yield

A highly attractive apartment building is being offered for sale in a sought-after location in a side street off the Gaudenzdorfer Gürtel. Perfect public transport connections are therefore available.

The property comprises a total of 13 residential units, all of which are currently rented out. 4 on an unlimited basis, 3 on a fixed-term basis and 6 on a monthly basis, which can also be handed over vacant. The property generates a yield of just under 5.3%.

This opens up a rare opportunity for investors and project developers!

Particularly noteworthy is the considerable development potential in the attic. Expanding the attic offers the possibility of creating additional living space and thus a sustainable increase in the value of the property. The achievable living space amounts to approximately 215m2.

Key data:

• Apartment building with 13 units
• Attic conversion: 215m2 (3 additional apartments)
• Existing apartments fully renovated
• Well-maintained building
• Current annual net rent approx.: 84.339€

The property is ideally suited for:

• Existing property developers
• Apartment building investors
• Project developers
• Family offices
• Private investors with a focus on Vienna

Highlights at a glance

• 13 residential units
• Fully rented
• Smaller storage units
• Nearly immediately usable
• Attic conversion possible
• High appreciation potential
• Very good public transport connections
• Attractive residential location
• Ideal investor property

Location description:

The property is located in Vienna's 12th district Meidling, an established residential district with excellent infrastructure and high demand for living space. The surroundings are characterized by well-maintained apartment buildings, residential complexes and excellent local amenities. The popular pedestrian zone of Meidlinger Hauptstraße with numerous shops, restaurants, banks, pharmacies and service providers is within a few minutes' walk. In addition, schools, kindergartens, doctors and leisure facilities are in the immediate vicinity. The location combines urban living with very good accessibility to all daily necessities.

Public transport connections

The public transport connections are rated as excellent. Within a few minutes' walk you reach the Niederhofstraße U-Bahn station on line U6, which offers a quick connection towards Westbahnhof, Längenfeldgasse, Floridsdorf and Siebenhirten. In addition, there are interchange options to bus lines 10A and 63A.

Also quickly accessible is the transport hub Wien Meidling station, one of Vienna's most important railway stations. In addition to the U6, numerous S-Bahn lines, regional trains, long-distance connections of the ÖBB, the Badner Bahn as well as several tram and bus lines are available there. This makes both the Vienna city center and the surrounding regions of Lower Austria quickly and conveniently accessible.

For questions or viewings, Mr. Kevin Matyas is happy to assist you at 0664 18 14 655 or [email protected].

We would like to point out that there is a family or economic close relationship between the broker and the third party to be brokered.

The broker acts as a dual agent.

Infrastructure / Distances

• Health
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <500m
  • Hospital <1.000m
• Children & Schools
  • School <500m
  • Kindergarten <500m
  • University <1.000m
  • Higher school <1.000m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping center <1.000m
• Other
  • ATM <500m
  • Bank <1.000m
  • Post <500m
  • Police <500m
• Transport
  • Bus <500m
  • U-Bahn <1.000m
  • Tram <500m
  • Train station <1.000m
  • Motorway access <3.500m

Distance information as the crow flies / Source: OpenStreetMap