3.5 room apartment, commission-free, completely renovated, loggia, free rent, quiet location

For sale, directly from the owner (commission-free), is a renovated 3.5 room apartment in Floridsdorf Vienna.

The apartment is suitable for own use as well as for renting and is divided as follows:
- Entrance hall with open passage to the
- living room/kitchen with loggia
- two bedrooms
- a cabinet (home office, children's room, bedroom, etc.)
- Bathroom with bathtub
- WC with hand basin
- Storage room with washing machine connection

The usable area of the apartment is 77.46 square meters including 4.64 square meters of loggia.

A dry cellar compartment is allocated to the apartment. There is also a laundry room in the building. According to the energy certificate, the building dates back to 1970 and was approved for use in 1970. The repayment subsidy law of 1971 was applied to the apartment in question.

Heating is provided by a gas boiler from 2022, which was recently serviced and also provides hot water.

Both the apartment on the second floor and the cellar compartment on the 1st basement floor can be reached by elevator or via the general staircase.

The repair reserve for the entire property amounts to around 123,000 euros as of 05.02.2025, of which around 9,700 euros is attributable to the apartment in question, which is included in the purchase price.
The residential building is in very good condition. According to the property management's forecast, only minor work (improving the flooring in the inner courtyard and handrails) totaling EUR 10,000 is planned for 2025 and the next 5 years.

The monthly costs incl. VAT (advance payment) are broken down as follows
- Operating costs: 152.66 euros
- Lift: 29.27 euros
- Administration: 32.80 euros
- Maintenance: 119.13 euros
Total gross monthly charge: 334.33 euros (excl. electricity, gas, heating, internet)
The operating costs incl. administration, incl. VAT thus amount to approx. € 2.39 per m2, which according to Statistics Austria is below the average of € 2.5 per m2.

Assumed net cold rent (main rent):
- per square meter: € 16.5
- per month: around € 1,278
- per year: approx. € 15,337
Calculated gross initial yield approx.: 4.6%
Purchase price per square meter of usable space: approx. 4,247 euros

The apartment is located in a one-way street and therefore has the lowest level of 55-60 dB (urban) according to the noise map (laerminfo.at) of the Federal Ministry. Only one room faces the street to the north-east. The eat-in kitchen with loggia, the cabinet and one bedroom face the quiet inner courtyard of the property to the south-west.

All infrastructural facilities (supermarket, schools, post office, restaurant, Eurospar, tobacconist, petrol stations, pharmacy, Lidl, etc.) are within walking distance.

The Floridsdorf train station with the U6 subway, numerous streetcar, bus and train lines is about 600 m (approx. 10 minutes' walk) away.

The city center (St. Stephen's Cathedral) can be reached by public transport in about 30 minutes, and by private transport (car) in about 20 minutes.

The old Danube (Angelibad, Romaplatz/ Lagerwiese, water park) is approx. 1.2 km away.