Classic old building investment apartment near Währinger Park (approx. 54 m²) – permanently rented

• Usable area: 53,80 m²
• Designation: Apartment together with cellar 5
• Rental status: Rented for an indefinite period (net rent: EUR 290,85/month)
• Purchase price: EUR 70.058
• Special feature: Solid residential unit in a quiet courtyard/street location of a timeless residential building.

Part of an exclusive WEG package in Vienna's prime locations

Note regarding the purchase: This property can be acquired both as an independent individual investment and as part of a highly attractive overall package.

The overarching portfolio comprises a total of 16 hand-picked residential and commercial units in established prime locations in Vienna (2nd, 3rd, 6th, 9th, 13th, 15th and 18th districts). Around 56 % of the units in the overall package are rented for a fixed term or vacant (offering immediate or medium-term potential for increases in value and repositioning), while the remaining holdings ensure a continuous cash flow basis through solid, indefinite rental agreements.

Key figures of the overall portfolio:

• Total usable area: 987,40 m²
• Total asking price: EUR 2.586.613,30
• Annual net rent (actual): EUR 71.403,72 p.a.
• Net initial yield (overall package): approx. 2,76 % p.a.
• Potential: Significant value enhancement leverage through gradual rent adjustments and new lettings at market-based WKO guideline rates after the fixed terms expire.

Contact & documents: Out of consideration for the existing, ongoing rental agreements and to preserve business discretion, exterior photographs of the property are shown in the listing.

Have we aroused your interest in this investment? We look forward to hearing from you! Please submit your written inquiry with complete contact details (first and last name or company name, address, telephone number and email address).

We will be happy to promptly provide you with the detailed exposé as well as all further property and real estate documents (plans, usable-value assessment, rent rolls and rental agreement details).

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

The broker is acting as a dual broker.