Concrete gold - rented for an indefinite period - secure investment with 3.5 % yield in the heart of the 18th district!
Key data
| Address | Gentzgasse 12 - 1180 Vienna |
|---|---|
| Apartment # | 5 |
| Floor | Hochparterre |
| Rooms | 4.5 |
| Type of use | For sale |
| Condition | Needs to be refurbished |
| Property number | 22094 |
Costs
| Purchase price | € 549,000.00 |
|---|---|
| Land register entry | 1.10 % |
| Property transfer tax | 3.50 % |
| Running costs | € 152.64 |
| Sonstige monatliche Kosten | € 117.00 |
| VAT | € 15.26 |
| Monthly total rent | € 284.90 |
| Commission | 3% of the purchase price plus 20% VAT. |
Spaces
| Living space | 114.33 m² |
|---|---|
| Usable floor space | 114.33 m² |
Furnishings
- passenger elevator
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Description of property
Top 5 on the mezzanine floor
A classic old Viennese investment flat (used as a surgery) is for sale in a central location in the 18th district. A condominium let for an indefinite period offers an attractive combination of immediate rental income, long-term planning security and tax advantages.
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rented for an indefinite period
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Attractive purchase price for future increases in value
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Regular income immediately after purchase
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current net main rent: EUR 19,207.44 p.a.
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current yield before ancillary costs of 3.5%
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Value retention of the property
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Indexed rent adjustment
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Tax advantages
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Rent in line with the market / increase in yield when the flat becomes vacant
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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. We will be happy to provide you with further documents on request.
Location description
The property is located in the heart of the sought-after 18th district of Währing, one of Vienna's most popular residential areas. The neighbourhood is characterised by a successful mix of urban infrastructure, well-kept Wilhelminian-style buildings and a high proportion of greenery.
Tram lines 40 and 41 are in the immediate vicinity, providing a fast connection to Schottentor and thus to the city centre. The underground station U6 Währinger Straße/Volksoper is also within walking distance and provides optimal connections to Vienna's rapid transit and underground network. Supermarkets, pharmacies, bakeries, cafés and numerous small speciality shops can be found along Währinger Straße and in the side streets.
The popular Kutschkermarkt, a traditional market with high-quality food, gastronomy and weekly stalls, is just a few minutes' walk away and reinforces the high quality of living in the area. The nearby Türkenschanzpark, one of Vienna's most beautiful parks, offers extensive green spaces, running tracks, playgrounds and restaurants. For culture lovers, the Vienna Volksoper is also within easy walking distance.
Additional costs
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. There is a close economic relationship with the seller.
The contract is drawn up and handled by 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.
Note in accordance with the Energy Performance Certificate Submission Act: An energy performance certificate has not yet been submitted by the owner or seller after we informed them of the generally applicable submission obligation and requested that it be prepared. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is deemed to have been agreed. We assume no guarantee or liability for the actual energy efficiency of the property on offer.
We would like to point out that there is a close family or business relationship between the agent 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.
Fee exemption for your new home
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Contact
We look forward to hearing from you!
Your inquiry relates to the following property: Gentzgasse 12 - 1180 Vienna - Top 5
Information on commission fees: For the sake of good order, we note that a commission must be paid to 3SI Makler GmbH in the case of a successful transaction in the amount previously specified. The amount of commission is consistent with the provisions of the current Ordinance of the Federal Minister for Economic Affairs on the Professional Ethics and Rules of Practice for Real Estate Agents. The obligation to pay the commission shall also exist 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 brokers and that there is a close familial or economic relationship between 3SI Makler GmbH and the seller.