Bright Practice Space with Loggia and Underground Parking in District 19

Attractive investment property in the 19th district

Secure today a value-stable investment and tomorrow benefit from top-quality living in one of the most sought-after locations in Vienna!

This spacious unit in the sought-after 19th district of Vienna combines attractive investment prospects with high development potential. It is located in a modern residential building erected in 1998. The property is in very good structural as well as optical overall condition and is very well maintained. An elevator and an underground garage are available.

The unit is currently used as a medical practice, but can be converted into an attractive apartment without much effort.

With a living area of ca. 151 m², a well-thought-out floor plan with a total of six rooms as well as an additional cabinet is spread. The room layout convinces with a very good room distribution and comprises an inviting foyer, a spacious open-plan kitchen, several flexibly usable rooms, an office, two storage rooms, a bathroom with shower and WC, and a separate WC.

A special highlight is the approx. 5 m² west-facing loggia, which provides additional space. By removing the cabinet, there would also be direct access from the living kitchen to the loggia – ideal for an open, modern living concept. Two tandem parking spaces in the building's underground garage, which is barrier-free accessible, are allocated to the unit and round off this offer perfectly.

The unit is located on the 1st floor and is easily reachable by the elevator. In addition, the apartment is in a very good state of preservation, requiring only little renovation work – a quick conversion to the perfect family apartment is thus easily possible.

It is currently rented indefinitely as a medical practice and thus represents an interesting investment. According to current assessment, after consultation it is expected that the unit will be vacated within the next three years, thereby opening up additional usage possibilities.

The current annual net income amounts to € 24.219,36, resulting in a yield of 2,75%.

Room layout:

• Entrance hall
• Living room with kitchenette
• Bathroom
• Guest WC
• Room 1
• Room 2
• Room 3
• Room 4
• Room 5
• Cabinet
• Storage room 1
• Storage room 2

Infrastructure / Distances

• Health
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <500m
  • Hospital <1.000m
• Education
  • School <500m
  • Kindergarten <500m
  • University <500m
  • Higher secondary school <500m
• Nearby amenities
  • Supermarket <500m
  • Bakery <500m
  • Mall <2.000m
• Other
  • ATM <500m
  • Bank <500m
  • Post <1.000m
  • Police <500m
• Transport
  • Bus <500m
  • Subway <500m
  • Tram <500m
  • Train station <500m
  • Highway access <1.000m

Distances are given as the crow flies / Source: OpenStreetMap