Growth potential: Newly built 2-room flat let for an indefinite period in a popular Gersthofen location

Property description: Staircase 3 – Flat 37

A newly built flat on the 6th floor of a well-maintained new-build development, currently let on a long-term tenancy, is now for sale. The flat measures just under 66m² plus a balcony.

The current annual rental income is approximately EUR 8,560, which corresponds to a yield of approximately 2 per cent per annum.

The modern building, which was refurbished a few years ago, comprises a total of 4 blocks / stairwells. The following work was carried out as part of the refurbishment at that time:

• Full thermal insulation
• New timber/aluminium windows with triple-glazed insulation and external blinds
• Renovation and enlargement of the balconies

In addition, a parking space (EUR 37,500) must be purchased with the property.

The images provided show units with the same floor plan that have already been sold.

Location

In the immediate vicinity of Pötzleinsdorf Castle Park and Türkenschanzpark. A wide range of shopping options on Gersthofer Straße or at Gersthofer Platzl – the market. Excellent transport links via tram 41 to the 1st district or the S45 suburban line at the nearby Gersthofer Platzl. A dense network of schools and nurseries in the immediate vicinity.

Service charges

For the sake of clarity, we would like to point out that, unless otherwise stated in the offer, a commission is 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 or 2 months’ gross rent 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 business relationship with the seller. The drafting of the contract and escrow settlement are handled by the notary Dr Pressl, A-1030 Vienna, Hetzgasse 45. The costs amount to 2% + 20% VAT + out-of-pocket expenses.

All information provided to you herewith has been disclosed to us by the vendor. We cannot guarantee its accuracy or completeness.

We would like to point out that there is a close family or business relationship between the agent and the third party involved in the transaction.

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