Invest and relax: fully managed, smart 3-room apartment in Donaustadt, let until 2029 – near the UN & U1

Let 4-room investment apartment with terrace and underground parking space in Donaustadt

Set back on the courtyard side, just off Wagramerstraße, this modern residential development offers a quiet home with excellent transport links. The apartment is bright and well laid out, and it is 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 generous living area, practical layout, terrace, allocated underground parking space and professional management by the property management company combine to create an investment that requires virtually no day-to-day involvement from the owner.

Highlights:

• Let investment apartment in a good Donaustadt location • Underground heating via district heating in every room • Excellent public transport links close to Kagraner Platz (U1) • Management handled by the property management company – virtually zero effort for the investor

The Apartment – Top 38 on the 4th Floor

Purchase price: € 322,000 (net price plus 20 % VAT, including fittings) Living area: approx. 47.21 m² Rooms: 3 Floor: 4th floor Aspect: east

Outdoor space: balcony of approx. 2.75 m² Saleable area: approx. 48.59 m² Parking: none Fittings included: kitchen Lift: yes

Rent: approx. € 770.58 net per month Annual rent: approx. € 9,246.96 net Annual rent incl. fittings: approx. € 9,666.96 net Yield: approx. 3.00 % Let since: 15/03/2024

Not quite what you are looking for? More than 10 apartments are available in the building – some let, some with vacant possession. Get in touch with us for further details!

Attractive Investment Apartment with an Existing Tenancy

This unit offers a solid foundation for buyers seeking an already-let property with ongoing income. The apartment impresses with a practical layout, modern specification and outdoor space that further enhances its appeal as a home.

A particular advantage is the combination of contemporary specification and everyday practicality. Underfloor heating via district heating, high-quality flooring, clear floor plans and external sun shading create a comfortable living environment and keep the apartment attractive to tenants over the long term. Convenient access by lift further underlines how well the property works for day-to-day living.

From an investor's perspective, a further plus point is the professional management provided by the property management company. Day-to-day operations are handled in a structured way, keeping the administrative burden for the buyer to a minimum.

With its existing tenancy, transparent key figures and strong lettability, this unit is ideally suited to buyers looking for a straightforward property investment with ongoing rental income.

Good Location with Excellent Amenities

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

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

The apartment therefore combines a quiet residential setting with a location that is practical for tenants in everyday life – 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 let units, sample images have been used that do not show the actual apartment, as it is currently let. The relevant floor plan for each apartment is authoritative.

The agent acts for both parties (dual agency).