Concrete gold! Indefinitely let new-build flat for capital investment with 3% yield!

Project description

The property is a well-maintained corner house built in 1990, offering magnificent views of Schubertpark opposite. The building comprises a ground floor, four upper floors and an attic. A total of 19 residential units and 17 parking spaces in the building’s own underground car park are available for sale.

Location

The building boasts a prime location in the 18th district, directly opposite the popular Schubertpark. Here, you can enjoy the ideal combination of urban living and green spaces right on your doorstep.

A wide range of shopping facilities, charming cafés, restaurants and the traditional Kutschkermarkt are all in the immediate vicinity. Pharmacies, banks and other local amenities are also within easy reach – everything you need to make daily life a pleasure.

Connections to the public transport network are excellent: with the U6 ‘Währinger Straße’, tram lines 40 and 41, and bus routes 37A and 40A, you can reach Vienna’s city centre in just a few minutes.

A location that combines urban convenience with a high quality of life – ideal for both owner-occupiers and investors.

Are you thinking about selling your property?
We’ll secure the best possible price for you – professionally, discreetly and efficiently.
On request, we can also take care of financing, insurance and all other necessary steps.
Enquire now with no obligation!

Save up to €25,000 now!

As part of the 3SI fee promotion, 3SI Immogroup will cover the land registry and mortgage registration fees for this flat. Full details: www.3si.at/de/gebuehren-aktion

The layout of this well-designed new-build flat is as follows:

• Entrance hall
• Guest WC
• Bathroom with bath
• Storage room
• Kitchen-diner with kitchenette
• Bedroom

A freehold flat let on a permanent basis offers an attractive combination of immediate rental income, long-term planning security and tax benefits.

• Let on a permanent basis

• Attractive purchase price with potential for future capital appreciation

• Regular income immediately after purchase

• Current net basic rent: EUR 676.98 per month

• Current yield before service charges of 3%

• Stability of the property’s value

• Index-linked rent adjustment

• Tax benefits

• If the flat becomes vacant, market-rate rent / increased yield

• Potential for owner-occupation or profitable resale

This property is ideally suited as a medium- to long-term investment with solid potential for growth.

Please note: Due to the existing tenancy, viewings are not currently possible. We would be happy to provide you with further documentation on request.

Underground parking spaces can be purchased from €15,000 in the building’s own underground car park.

Service charges

For the sake of clarity, we would like to point out that, unless otherwise stated in the offer, a commission will be payable upon successful completion of the sale, in accordance with the rates set out in the Estate Agents’ Ordinance (BGBI. 262 and 297/1996 – that is, 3% of the purchase price plus 20% VAT. This obligation to pay commission also applies if you pass on the information provided to you to third parties. There is a close economic relationship with the seller.

The drafting of the contract and escrow settlement are handled by Dr Christian Marth (Vavrovsky Heine Marth Rechtsanwälte), A-1010 Vienna, Fleischmarkt 1. The costs amount to 1.5% + 20% VAT + out-of-pocket expenses.

The agent acts as a dual agent.

This text has been translated automatically. No liability is assumed for the accuracy and completeness of the translation. Changes and typographical errors reserved.