This charming residential building from 1900 combines the classic charm of an old building with an urban lifestyle in one of Vienna's most sought-after locations - in the immediate vicinity of Mariahilfer Strasse. The property combines historical flair with urban dynamism and represents an attractive residential and investment opportunity in the heart of the 7th district.

A harmonious interplay of modern living comfort and well-kept substance awaits you in this lovingly refreshed home.
The entrance area and the entire staircase have been comprehensively refurbished and now present themselves in new splendour: renewed tiles, high-quality flooring and freshly painted common areas create an inviting appearance. The façade has also been completely renovated and rounds off the well-kept overall appearance of the building.

The newly constructed balconies on the courtyard side are a particular highlight: The spacious balconies extend the private living space into the open air and open up a unique green view. This addition not only creates additional living comfort, but also sustainably increases the quality of stay - a valuable retreat in the middle of an urban environment.

Particular attention was paid to preserving the character of the house, while at the same time creating a cosy living atmosphere that meets today's requirements. Whether as a cosy family home or as a stable capital investment - this house is ready for a new phase of life.

The vendor guarantees the installation of a modern passenger lift as part of the upcoming loft conversion.

Location

The historic Viennese apartment block at Burggasse 119 embodies culture, stability and quality of life in a unique way. The location of the property is characterised by its excellent infrastructure for daily needs and evening entertainment; you can be in Neubaugasse or Mariahilfer Strasse in just a few minutes. In summer you can enjoy a cosy cup of coffee or an Aperol Spritz on the terrace, in winter the popular Spittelberg invites you to the Christmas market - let yourself be enchanted by Vienna's 7th district.

Public transport connections:

• Underground U6
• Bus routes 13A, 48A, 57A
• Tram 5, 6, 9, 49

Let this high-quality flat in an excellent location convince you!

A condominium let for an indefinite period offers an attractive combination of immediate rental income, long-term planning security and tax advantages!

Top 11 on the 1st floor

• let for an indefinite period
• Attractive purchase price for future appreciation
• Regular income immediately after purchase
• current net main rent: EUR 673.52 / month
• current yield before ancillary costs of 2.75%
• intrinsic value of the property
• Future rent adjustment
• Tax advantages
• Rent in line with the market / increase in yield when the flat becomes vacant
• Prospect of owner-occupation or profitable resale

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

Please note: Due to the existing tenancy, viewings are currently not possible. If you are specifically interested (offer to purchase), we will be happy to coordinate a personal appointment on site with the tenant and provide you with further documents on request.

Service charges

For the sake of good order, we would like to point out that, unless otherwise stated in the offer, a commission is payable on successful completion of the transaction at the rates stipulated in the Real Estate Agent Ordinance BGBI. 262 and 297/1996 - i.e. 3% of the purchase price plus 20% VAT. This commission obligation also applies if you pass on the information provided to you to third parties. Finally, we would like to point out that we act as a dual broker and that there is a close family/economic relationship between 3SI Makler GmbH and the seller.

The drafting of the contract and escrow processing is bound to the law firm Mag. Schreiber A-1010 Vienna, Schottenring 16. The costs amount to 1.5 % of the purchase price plus 20 % VAT as well as cash expenses and notarisation. In the case of third-party financing, the fee increases to 1.8 % of the purchase price plus 20 % VAT, cash expenses and notarisation.

We would like to point out that there is a close family or business relationship between the broker and the third party to be brokered.

The agent acts as a dual broker.

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