Concrete gold - rented for an indefinite period - secure investment with 3.5 % yield in the heart of the 18th district!

Top 14 in the top floor

An attic flat, currently let on an open-ended tenancy, is for sale in a well-maintained, period building in a central location in the 18th district. A freehold flat let on an open-ended tenancy offers an attractive combination of immediate rental income, long-term planning security and tax benefits.

• Let on a permanent basis
• Attractive purchase price with potential for future capital appreciation
• Regular income immediately following purchase
• Current net basic rent: EUR 25,220.64 per annum
• Current yield before service charges of 3.5%
• Stability of the property’s value
• Index-linked 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 agreement, viewings are not currently possible. We would be happy to provide you with further documentation on request.

Location description

The property is situated 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 blend of urban infrastructure, well-maintained Wilhelminian-style buildings and abundant green spaces.

Tram lines 40 and 41 are in the immediate vicinity, offering a quick connection towards Schottentor and thus to the city centre. The U6 Währinger Straße/Volksoper underground station is also within walking distance, providing excellent connections to Vienna’s rapid transit and underground networks. Along Währinger Straße and in the side streets, you’ll find supermarkets, chemists, bakeries, cafés and numerous small specialist shops.

The popular Kutschkermarkt, a traditional market offering high-quality food, dining options and weekly stalls, is just a few minutes’ walk away and enhances the area’s high standard of living. The nearby Türkenschanzpark, one of Vienna’s most beautiful parks, offers extensive green spaces, running tracks, playgrounds and places to eat. For culture lovers, the Vienna Volksoper is also within easy walking distance.

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. This obligation to pay commission also applies if you pass on the information provided to you to third parties. There is a close financial relationship with the seller.

The drafting of the contract and escrow arrangements 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.

Please note that there is a family or close business relationship between the agent and the third party to be represented.

The estate 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.