Concrete gold: Old building flat let for an indefinite period as an investment with a yield of 2.75% - in a top location in the 7th district

This charming residential building, dating from 1900, combines the classic charm of a period property with an urban lifestyle in one of Vienna’s most sought-after locations – right next to Mariahilfer Straße. The property combines historic flair with urban vibrancy and represents an attractive residential and investment opportunity in the heart of the 7th district.

In this lovingly refurbished home, you’ll find a harmonious blend of modern living comfort and well-maintained features.
Following a comprehensive refurbishment, the entrance area and the entire stairwell have been given a new lease of life: renewed tiling, high-quality flooring and freshly painted communal areas create a welcoming atmosphere. Furthermore, the façade has also been completely refurbished, rounding off the building’s well-maintained overall appearance.

A particular highlight is the newly built balconies facing the courtyard: these spacious balconies extend the private living space out into the open air and offer a unique view of the greenery. This addition not only provides extra living comfort but also significantly enhances the quality of life – a valuable retreat in the heart of the urban environment.

Particular attention has been paid to preserving the character of the house, whilst at the same time creating a cosy living atmosphere that meets today’s standards. Whether as a cosy family home or a sound investment – this house is ready for a new chapter in life.

As part of the forthcoming loft conversion, the seller has confirmed that a modern passenger lift will be installed.

Location

This historic Viennese apartment block on Burggasse 119 embodies culture, stability and quality of life in a unique way. The property’s location is characterised by excellent amenities for both daily needs and evening entertainment; within a few minutes you can reach Neubaugasse or Mariahilfer Straße. In summer, you can relax in the local cafés and enjoy a cup of coffee or an Aperol Spritz on the terrace; in winter, the popular Spittelberg Christmas market beckons – let yourself be enchanted by Vienna’s 7th district.

Public transport links:

• U6 underground
• Bus routes 13A, 48A, 57A
• Trams 5, 6, 9, 49

Come and see for yourself why this high-quality flat in an excellent location is so special!

Are you thinking about selling your property?
We’ll get you the best possible price – 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!

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

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

Top 11 on the 1st floor

• Let on a permanent basis
• Attractive purchase price with potential for future capital appreciation
• Regular income immediately after purchase
• Current net basic rent: EUR 673.52 per month
• Current yield before service charges of 2.75%
• Property value retention
• Future rent adjustments
• Tax benefits
• If the flat becomes vacant, market-rate rent / increase in 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 agreement, viewings are not currently possible. Should you be seriously interested (in making an offer to purchase), we would be happy to arrange a personal on-site appointment with the tenant and provide you with further documentation on request.

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. Finally, we would like to point out that we are acting as dual agents and that there is a close family and/or business relationship between 3SI Makler GmbH and the seller.

The drafting of the contract and escrow settlement are handled by the law firm of Mag. Schreiber, A-1010 Vienna, Schottenring 16. The costs amount to 1.5% of the purchase price plus 20% VAT, as well as out-of-pocket expenses and certification fees. In the event of third-party financing, the fee increases to 1.8% of the purchase price plus 20% VAT, out-of-pocket expenses and certification fees.

Please note that there is a close family or business relationship between the agent and the third party for whom the agency is being provided.

The agent is acting 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.