Invest and relax – fully managed, smart 2-room apartment in Donaustadt, let until 2029 (near the UN & U1)

Tenanted 2-room investment apartment with terrace in Donaustadt

Set back from the street on the courtyard side, close to Wagramerstraße, this modern residential development combines peaceful living with excellent accessibility. The apartment is bright, well laid out and finished with high-quality materials. Parquet flooring, contemporary tiling, underfloor heating supplied by district heating, external sun shading and a lift provide a modern specification that appeals to tenants and investors alike.

The unit is already let, making it particularly well suited to buyers looking for an established investment apartment with ongoing rental income. Its compact size, practical layout, terrace and professional management by the property management company make this an investment that requires virtually no day-to-day involvement from the owner.

Highlights:

• Tenanted 2-room investment apartment in a sought-after part of Donaustadt • Approx. 47.32 m² living area with a compact, highly practical layout • Generous terrace of approx. 14.02 m² • Existing tenancy since 01.03.2024 according to the price list • Property management company handles all management – virtually zero effort for the investor

The Apartment on Offer – Top 05, Ground Floor

Purchase price: € 285,000 (net price plus 20 % VAT, investment apartment) Living area: approx. 47.32 m² Rooms: 2 Floor: ground floor Aspect: north/south Type (per price list): B21

Outdoor space: terrace approx. 14.02 m² Saleable area: approx. 54.33 m² Parking: none allocated Fittings: kitchen Lift: yes

Rent: approx. € 673.92 net per month Annual rent: approx. € 8,087.04 net Annual rent incl. fittings: approx. € 8,524.08 net Yield: approx. 2.99 % Let since: 01.03.2024

Compact investment apartment with an existing tenancy

This apartment offers exactly what many investors look for: a compact living area, a highly lettable size, a modern specification and rental income already in place. The approx. 47.32 m² of living space is arranged over 2 rooms and is ideal for singles, couples or tenants seeking a well-connected home with outdoor space.

A particular attraction is the terrace of approx. 14.02 m², which pleasantly extends the living area and adds real value to the apartment. With compact units in particular, usable outdoor space is a strong argument for long-term lettability.

The specification is modern and practical for everyday living: underfloor heating supplied by district heating, high-quality flooring, a clean, uncluttered layout and external sun shading create a comfortable living environment. The lift ensures the apartment is easily accessible and convenient for daily life.

A key advantage for investors is the professional management: the apartments are managed by the property management company, so the investor has virtually no administrative work on an ongoing basis. The organisational side is therefore already set up and structured – ideal for buyers seeking a hassle-free investment with existing rental income.

From an investment perspective, the unit offers transparent figures: according to the price list, the monthly net rent is approx. € 673.92 and the annual rent approx. € 8,087.04 net, or € 8,524.08 net including fittings. According to the price list, this results in a yield of approx. 2.99 %.

Convenient location with excellent amenities

The location near Kagraner Platz keeps everyday errands short. Supermarkets, bakeries, pharmacies, doctors, schools and nurseries are all close by. The Donau Zentrum is also quickly reached, offering a wide range of shopping, dining and services.

Public transport links are excellent: from the U1 underground station Kagraner Platz you can travel quickly towards Kagran, Alte Donau, Kaisermühlen-VIC, Praterstern and Stephansplatz. Tram and bus services, including tram line 26 and several bus routes, are also available nearby.

The apartment thus combines a quiet residential setting with a location that is practical for tenants' everyday lives – an important factor for an investment apartment that remains easy to let over the long term.

Agent's commission: 3 % of the purchase price plus 20 % VAT.

For the tenanted units, sample images have been used which do not show the actual apartment, as it is currently let. The respective floor plan is authoritative.

Please note that some images have been virtually furnished to better illustrate the sense of space. The apartment is, however, sold unfurnished.

The agent acts for both parties (dual agency).