As-new, sustainable multi-party apartment building in Seestadt 1220 Vienna with an attractive 3.1% yield
Description
This as-new apartment building combines ecological living and modern construction methods. Built to the klimaaktiv silver standard, the building sets standards in energy efficiency and sustainability. The 15 (except one) rented apartments were built in sustainable timber construction and are particularly attractive for buyers and tenants who value living close to nature and affordable living space. The sale price is below the asset and income value, which also makes this property a good opportunity for investors. The proximity to Seestadt Aspern ensures a perfect balance of urban infrastructure and rural tranquillity. The condition of the building is as good as new and free of defects.
Key data
Modern residential building in timber construction + reinforced concrete, completed in 2022
Areas: 944 m² plot, 850 m² WFL, 106 m² outdoor areas, 1010 m² NFL
14 rented (+1 empty) apartments (45-74m² in size, 2 to 3 rooms each)
4 floors, 7 parking spaces, gardens, cellar compartments, storage room for bicycles/prams
Heat pump heating system for underfloor space heating + hot water
Sustainable according to "Klimaaktiv Silver" standard; heating requirement only 22.8 kWh/m²a
ACTUAL rental yield 3.1%; attractive for investors or utilization of individual apartments
Price below estimate for income/property value according to expert opinion
Location
The property is located on the eastern outskirts of Vienna, close to the modern lakeside town of Aspern. The surrounding area is characterized by a quiet, natural atmosphere and yet offers easy access to infrastructure (pharmacy 13 min, 15 restaurants in 15 min, supermarkets Billa, Spar, Hofer 4-8 min by car) and public transport (10 min to Seestadt, 40 min to Schottentor/1010 Vienna).
Price
EUR 4.4 million
