Apartment Building: Luxurious Living and Additional Rental Income
Description
Location
The property is located in Gentzgasse in the 18th district, a popular and established residential and commercial area with excellent infrastructure and a high quality of life. The surroundings are characterized by a pleasant mix of urban life, traditional Viennese neighborhood culture, and numerous local amenities.
A special highlight of the location is the immediate proximity to Kutschkermarkt, one of Vienna's most charming and well-known markets. It offers a wide selection of fresh foods, regional specialties, and numerous gastronomic options – from classic market stalls to modern cafes and restaurants. The market is a popular meeting place in the district and significantly contributes to the vibrant atmosphere of the area.
Furthermore, there are numerous supermarkets, bakeries, pharmacies, and other shops for daily needs in the immediate vicinity, all easily accessible on foot, ensuring excellent local supply.
The public transport connections are also very good. Several tram lines and bus routes are within walking distance, providing quick access to Vienna's city center and important transport hubs of the city.
Thus, the location combines excellent infrastructure, lively neighborhood culture, and good transport connections, offering ideal conditions for a great home.
Property Description - Luxurious Apartments and Additional Rental Income from Leased Units
The sale includes a revitalized courtyard section of a classic Viennese apartment building in Gentzgasse in the 18th district. The building has several main floors and a newly developed attic space, offering a mix of existing apartments and newly created attic apartments. During the revitalization, the attic was expanded, creating additional living space. The property comprises a total of eight units, consisting of six existing apartments and two newly built maisonette apartments in the attic.
The existing apartments mostly feature classic old building layouts with multiple rooms, an anteroom, kitchen, bathroom, and separate WC. The apartment sizes vary depending on the unit, providing flexible usage options. The two newly created attic apartments are designed as maisonettes over two levels and feature spacious kitchens and associated balconies and terraces. According to plans, the living areas of the attic apartments are approximately 142.28 m² and 118.71 m², plus outdoor spaces. The building has several stairwells and elevators serving all floors. The basement includes technical rooms, storage spaces for individual units, and other ancillary areas. Additional bike storage and house technology areas are also provided.
The property also features an inner courtyard with parking spaces and open areas.
Some units are already rented, while others are vacant and available for personal use or new rentals. This makes the property suitable for both investors and buyers with personal occupancy interests.
Features
The apartment has been equipped with high-quality materials and modern building technology, including:
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High-quality real wood parquet floors (oak) in living rooms
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Porcelain stoneware tiles in bathrooms and WC
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High-quality sanitary fixtures from Laufen and Hansgrohe
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Triple-glazed wooden-aluminum windows with electrically operated exterior shading
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Energy-efficient underfloor heating with heat pump
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Air conditioning in all living rooms
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Security entrance door (WK2)
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High-quality interior doors from Dana
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Smoke detectors and modern house technology
Features list
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Basement compartment
Additionally, the house offers a bicycle and stroller room as well as basement storage units.
Furthermore, underground parking spaces can be purchased for EUR 60,000 each.
Disclaimer and Other Notes
If we have piqued your interest in the apartment and you wish to view it on-site or have further questions, you can contact the responsible property manager at any time, including weekends or public holidays, at +43 660 4196855. We look forward to hearing from you.
To facilitate our work, we kindly ask you to include your full name, email address, and phone number in your inquiry. Thank you very much for your assistance.
According to §6 Abs 4 MaklerG and §30b KSchG, we inform you that there is a close economic relationship between the owner and our licensed real estate company "scalia Immobilien GmbH." The images provided are purely visualizations, and the actual appearance of the apartment may differ. We also note that during an inquiry, data processing by our company "ImmoBrief GmbH" will occur. Deviations from the plans in size may exist and are also used for visualization.
Please note that there is a close familial or economic relationship between the broker and the client.
The agent acts as a double broker.
Amenities
- air conditioning
- air source heat pump
- balcony/terrace facing east
- balcony/terrace facing north
- balcony/terrace facing northeast
- balcony/terrace facing northwest
- balcony/terrace facing south
- balcony/terrace facing southeast
- balcony/terrace facing southwest
- balcony/terrace facing west
- bathroom with window
- bathtub
- double glazing windows
- garage
- gas
- panoramic view
- parquet
- passenger elevator
- radiator
- separate toilets
- shower
- stone floor
- underfloor heating
Energy Performance Certificate
- Annual thermal energy index B, 40 kWh/m2a
- Energy efficiency rating A++, 0.52
- Valid until Nov 11, 2034
Infrastructure/distances (POIs)
Transport
- Bus 500 m
- Subway 1000 m
- Tram / bus 500 m
Health
- Doctor 500 m
- Pharmacy 500 m
- Clinic 500 m
- Hospital 500 m
Others
- ATM 500 m
- Bank 500 m
- Police 1000 m
Stated distance as the crow flies / source: OpenStreetMap
Property basic info
- Purchase price €7,900,000.00
- Area approx. 1,081.92 m2
Price information
| Purchase price: | €7,900,000.00 |
- Commission: 3% of purchase price plus 20% VAT
- Land registration fee: 1.1%
- Real estate transfer tax: 3.5%
Property basic info
- Property no. 2206/51
- Transaction type Purchase
- Property type Investment
- Type of use Residential Investment
- Ready for occupancy Yes
- Area approx. 1,081.92 m2
- Living area approx. 1,081.92 m2
- Enclosed area approx. 1,081.92 m2
- Terrace area approx. 51.6 m2
- Basement 1
- Annual thermal energy index B, 40 kWh/m2a
- Energy efficiency rating A++, 0.52
- Valid until Nov 11, 2034