Invest and unwind – fully managed, smart 4-room apartment in Donaustadt, let until 2029 (near the UN & U1)

Tenanted Investment Apartment in Donaustadt

Set on the courtyard side just off Wagramerstraße, this modern residential development combines peaceful living with excellent accessibility. The apartment is bright, well laid out and finished to a high standard. Parquet flooring, contemporary tiling, underfloor heating supplied by district heating, external sun shading and a lift make for a thoroughly modern specification that appeals to tenants and investors alike.

The unit is already let, making it particularly well suited to buyers seeking an established investment property with an existing rental income. With its generous living area, well-planned layout, terrace, allocated underground parking space and professional management by the property management company, it offers an investment that requires virtually no day-to-day involvement from the owner.

HIGHLIGHTS:

• Tenanted 4-room investment apartment in a good Donaustadt location • Approx. 77.28 m² of living area with a generous, highly practical layout • Terrace of approx. 11.25 m² • Allocated underground parking space TG02 • Managed by the property management company – virtually zero effort for the investor

THE APARTMENT – TOP 11 ON THE FIRST FLOOR

Purchase price: € 504,000 (net price plus 20 % VAT; investment apartment including ancillaries) Living area: approx. 77.28 m² Rooms: 4 Floor: first floor Aspect: south-facing Type (per price list): D1

Outdoor space: terrace of approx. 11.25 m² Sales area: approx. 82.91 m² Parking: underground parking space TG02 Ancillaries: kitchen and underground parking space Lift: yes

Rent: approx. € 1,182.14 net per month Annual rent: approx. € 14,185.68 net Annual rent including ancillaries: approx. € 15,522.72 net Yield: approx. 3.08 % Let since: 1 March 2024

Spacious Investment Apartment with an Existing Tenancy

This apartment offers exactly what many investors look for: a highly lettable size, a modern specification, attractive outdoor space and an existing rental income. The approx. 77.28 m² of living area is arranged over 4 rooms, making it ideal for tenants who want more space, separate rooms and good transport links.

A particular highlight is the approx. 11.25 m² terrace, which pleasantly extends the living space and adds real value to the apartment. With larger units especially, usable outdoor space is a strong selling point for long-term lettability.

The specification is modern and practical: underfloor heating supplied by district heating, quality flooring, clean-lined interiors and external sun shading create a comfortable living environment. The lift ensures easy access, while the allocated underground parking space TG02 provides a further practical benefit that makes the apartment especially attractive to tenants.

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. Everything is already set up in a structured way – ideal for buyers looking for a hassle-free investment with an existing rental income.

From an investment perspective, the unit stands out with transparent figures: according to the price list, the monthly net rent is approx. € 1,182.14, with an annual rent of approx. € 14,185.68 net, or € 15,522.72 net including ancillaries. According to the price list, this equates to a yield of approx. 3.08 %.

Great Location with Excellent Amenities

The location close to Kagraner Platz keeps everyday errands short. Supermarkets, bakeries, pharmacies, doctors, schools and nurseries are all nearby. The Donau Zentrum is also within easy reach, offering a wide range of shopping, dining and services.

Public transport connections are excellent: from the U1 station Kagraner Platz you can quickly reach Kagran, Alte Donau, Kaisermühlen-VIC, Praterstern and Stephansplatz. Tram and bus services are also close by, including tram line 26 and several bus routes.

The apartment therefore combines a quiet residential setting with a location that is practical for tenants' daily lives – an important factor for an investment apartment that will remain easy to let in the long term.

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

As the units are tenanted, sample images have been used that do not show the actual apartment. The relevant floor plan is authoritative.

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

The agent acts for both parties (dual agency).