Income property with character: Gründerzeit corner house in Vienna Meidling
Around 1120 Wien- 1.300 m²
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About this investment property
A well-maintained corner building dating from the Gründerzeit period is offered for sale, with a total usable area of approx. 1,300 m². The property comprises a total of 17 apartments as well as a commercial unit and is overall in very good condition. A passenger lift is available, and the attic has already been converted.
A particular highlight is the landscaped courtyard, which offers residents a pleasant and quiet retreat within the urban surroundings.
The apartments have different levels of fittings and condition, ranging from units requiring renovation to apartments that are already ready for occupancy. The building contains apartments in categories A, C and D.
A significant advantage for investors is that approximately 60 % of the units are expected to be handed over vacant by the time of transfer. This creates an interesting starting point for an individual repositioning or further development of the existing property.
The purchase price is approx. € 2.230,- per m² of usable area. The current gross yield is approx. 1,2 %.
We will be pleased to provide further documents and information, such as plans, the rent schedule and detailed property documents, upon request. A viewing of the property is also possible by prior appointment.
Note: Some of the images shown have been slightly edited using AI and are for illustrative purposes only. Original photographs of the property can be provided upon request and with due regard for the owners’ confidentiality.
Around 1120
Wien
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