1/2 Share Rental House Vienna 16

This rental house in Vienna's 16th district, built in 1900, offers 1093 m² of usable space with 23 residential units and 3 commercial spaces. The ideal 1/2 share includes 50.3% perpetually rented areas yielding approx. 66,000 € p.a. net, 36.8% fixed-term and 12.9% vacant. It is located quietly near Schuhmeierplatz. The attic offers potential for approx. 330 m² living space. Zoning is W III with 14 m height restriction.

Highlights

• Usable area whole house: 1093 m²
• 23 residential units, 3 shops
• Net income approx. 66,000 € p.a. plus vacant areas
• 50.3% perpetually rented (549.65 m²)
• 12.9% vacant (141.15 m², potential)
• 36.8% fixed-term (401.80 m²)
• Attic potential: approx. 330 m² living space
• Quiet location near Schuhmeierplatz

Location & Surroundings

The property is in a quiet location in the 16th district near Schuhmeierplatz. Within under 500 m you reach doctor, pharmacy, clinic, school, kindergarten, supermarket, bakery, bus and tram. U-Bahn, train station and police are under 1,000 m away. Shopping center and hospital under 1,500 m, highway access under 4,500 m. University under 1,000 m. All distances as the crow flies.

Additional Information

• Purchase price 1/2 share: €1,100,000 (€2,014/m²)
• Yield: 3% plus rental of 141.15 m² vacant areas
• Year built: 1900
• From private ownership