The property in question is a corner tenement house from the turn of the century. The street facade impresses with its rich articulation, corner risalit, and cornice stucco. The building stands out not only with its representative entrance hall with a brass chandelier but also with its bright staircase featuring original stone slabs and magnificent apartment entrance doors, as well as its very well-maintained general condition. It includes a basement, a raised ground floor, three upper floors, and two newly developed attic floors with a total of 7 new apartments. In total, the house has 22 rentable units, including a commercial space and one apartment rented indefinitely. For tourist rentals, 20 units are available, each with 6-8 beds.
• Rentable area approx. 1,904 m² + 200 m² balconies/terraces
• Old building: approx. 1,135 m² - Attic extension: approx. 569 m² - Basement: approx. 200 m² - Balconies/terraces: approx. 200 m²
• Completely renovated house with new attic extension
• Attic apartments with central heat pump, underfloor cooling, air conditioning and outdoor shading
• 3 large roof terraces with 360 degree panoramic views
The net rental yield adjusted for operating costs with short-term rental (with an actual/target mixed calculation) is: 7.54%
The property is located in the 15th district of Vienna, Rudolfsheim-Fünfhaus, right next to the popular Reithofferpark and the new 5-hectare Westbahnpark. This location is considered a good residential area. Especially the area around the recently modernized and renovated Westbahnhof, an important target area for urban development, is currently experiencing a significant upswing. Shops for daily needs are within walking distance, as well as the Bahnhof City Wien West at Europaplatz/Westbahnhof.
The public transport connection is excellent: the U3 station is only 75 meters away, and the Westbahnhof with the U3 and U6 subway lines is in the immediate vicinity. The property is also very well accessible for individual traffic.
Please note that there is a close familial or economic relationship between the broker and the client.
The agent acts as a double broker.
