Concrete gold: Indefinitely let flat in an old building as an investment with a yield of 3.56% - right next to the Meiselmarkt

Sturzgasse – Life in the City

There is no passenger lift in the building.

This period building, constructed at the turn of the century and situated on Sturzgasse 44, is located in a sought-after residential area of Vienna’s 15th district. Following extensive renovation of the elegant Wilhelminian-style façade, all communal areas of the building have also been refurbished with great attention to detail. The apartment block comprises three standard storeys.

Eleven flats and one commercial unit are being offered for sale; of these, eight flats have been fully refurbished to a high standard and feature high-quality fittings, whilst the remaining three flats are being sold as well-maintained properties in their current condition.

In addition to excellent transport links, the location also offers superb local amenities. Numerous shopping facilities, public amenities, parks and shops for everyday needs are situated in the immediate vicinity.

The infrastructure is ideal, as everything needed for daily life is within walking distance. Just a few minutes away is the Meiselmarkt, which attracts visitors to its market stalls with culinary delights from all over the world. The U3 “Johnstraße” underground station is just a few minutes’ walk away, providing a perfect link to the city centre.

Highlights: Facilities

• Renovated to the very latest standards
• Solid oak parquet flooring / herringbone pattern
• Modern ceiling and wall lighting
• High-quality sanitary ware and bathroom fittings
• Large-format porcelain stoneware
• Solid wood panelled doors
• Underfloor heating

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!

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

Top 22 on the 2nd floor

• let on a long-term basis
• Attractive purchase price with potential for future capital appreciation
• Regular income immediately after purchase
• Current net basic rent: EUR 377.20 per month
• Current yield before service charges of 3.56%
• Property value retention
• Future rent adjustment
• 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, viewings are not currently possible. Should you be genuinely 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’ Regulations (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 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 per cent of the purchase price plus 20 per cent 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 service is being provided.

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.