Exclusive Biedermeier Tenement House – Sustainable Investment in Exceptional Quality

This magnificent Biedermeier investment building presents itself as an architectural gem that combines historic Viennese charm with state-of-the-art amenities and comprehensive revitalization of the highest standard.

The property, originally built around 1870, was extensively refurbished down to the structural core and expanded by 2023, with great attention to detail and a particular commitment to quality. As part of the comprehensive renovation, the building fabric, all ceilings, the attic floor and the technical systems were fundamentally renewed. It was possible to preserve the characteristic architecture and historic charm of the building while creating a contemporary, high-quality real estate ensemble.

The representative street façade, with its classic Biedermeier elements and stylish entrance portal, already conveys the special character of this property. Inside, the high quality standard continues consistently: high-quality parquet and tiled floors, modern sanitary fittings, underfloor heating, a thermally optimized building envelope and a lift provide contemporary comfort. Selected units also have air conditioning. The lovingly designed courtyards with landscaped areas, seating and bicycle parking spaces create an exceptionally pleasant atmosphere and emphasize the exclusive character of the entire ensemble.

On a plot of approximately 845 m², there is a rentable usable area of approximately 1,188 m² (plus gardens, balconies, terraces). The property impresses with a versatile use structure comprising high-quality residential units, commercial premises and medical practice areas. The successful combination of attractive living areas and commercial units provides an interesting basis for a long-term real estate investment.

Particular attention was paid during the revitalization to combining historic architecture, high-quality construction and modern building technology. The comprehensive thermal renovation, the renewed technical systems and the high-quality fit-out make a significant contribution to the property's sustainable quality and long-term value retention.

The design of the individual units also reflects the high standard of the overall project. Generous window areas, bright rooms, well-planned layouts and a timeless selection of materials create an attractive living and working environment. The newly created attic spaces complement the historic building stock harmoniously and give the property an additional architectural distinction.

For investors, this exceptional investment building offers a rare opportunity: instead of a conventional existing property requiring extensive renovation, an already comprehensively revitalized real estate ensemble is available here, with major structural and technical renewal measures already completed. The high-quality amenities, versatile use structure and attractive location provide a convincing basis for long-term letting.

The successful combination of historic substance, comprehensive core refurbishment, high-quality amenities and an exclusive appearance makes this property a special rarity on the Viennese real estate market.

An exceptional investment property for discerning investors who value quality, architectural uniqueness and a long-term real estate investment.

• Current annual net rental income: approx. € 260.651,– (fixed-term leases)
• Purchase price: on request
• Transaction form: Share Deal or Asset Deal possible
• Brokerage commission: 3 % of the purchase price plus 20 % VAT.

Arrange an appointment today - we will be happy to advise you and show you all available units!

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Upon concrete interest, we will be very happy to provide you with further documents, such as:

• Land register extract
• Condominium agreement
• Usable value assessment
• Minutes of the owners' meeting (if available) etc...

Our service for you: If you have decided on this property, we will be happy to accompany you from the purchase offer, including clarification of special requests and contract signing, through the handover of the apartment and on to various re-registrations such as electricity and gas. We will be very happy to provide you with the relevant forms or registration forms.

We are also happy to support you in financing your dream property and, together with our long-standing partners, find the best conditions for you.

www.schantl-ith.at

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 agent.