Representative tenement house with excellent transport connections

The Property

An attractive apartment building for investment is being offered for sale in a prominent location in Vienna's 14th municipal district.

The property is situated on a plot of approximately 472 m² and impresses with its unusual, forward-tapering building configuration, which gives the building a particularly prestigious presence in the streetscape.

The property has a total usable area of 1,163.83 m², of which 123.37 m² are allocated to a hobby room in the basement. Currently, 258.82 m² (22.2 %) are vacant, 498.28m² (42.8 %) are rented for a fixed term and 406.73 m² (34.9 %) are rented for an indefinite term.

The annual net principal rent currently amounts to EUR 87,951.84.

In addition, a non-binding potential for a roof extension with approximately 289 m² of additional residential usable space is estimated.

The Highlights

• Rare building configuration: particularly prestigious presence in the streetscape
• Development potential: Non-binding potential for a roof extension of approx. 289m2 estimated
• Quiet courtyard: quiet and shady courtyard provides particular charm
• Stable rental income: ongoing rental income provides cash flow during the development phase
• Fixed-term residential leases: approx. 65% of the apartments are vacant or rented for a fixed term
• Excellent infrastructure: Public transport directly in front of the building and numerous local recreation areas, as well as everyday amenities, are in the immediate vicinity

The Location

The property is located in a very well-connected and prominent area in the west of Vienna. The surroundings offer a very high quality of living. Various local suppliers, cafés, restaurants and numerous parks such as Matznerpark or Reinlpark are in the immediate vicinity. Public transport connections are also excellent: the S45 Breitensee station is directly outside the front door, while the U3 Hütteldorferstraße station and numerous tram lines are only a few minutes away and provide quick connections to the city centre and central transport hubs.

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

The broker acts as a dual broker.

Infrastructure / Distances

• Health
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <500m
  • Hospital <1,500m
• Children & Schools
  • School <500m
  • Kindergarten <500m
  • University <1,000m
  • Secondary school <1,500m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping centre <1,000m
• Other
  • ATM <500m
  • Bank <500m
  • Post office <1,000m
  • Police <500m
• Transport
  • Bus <500m
  • Underground <500m
  • Tram <500m
  • Train station <500m
  • Motorway connection <4,500m

Distances as the crow flies / Source: OpenStreetMap