Penthouse | Legal New Build | Rented on Open-Ended Basis | Perfect for Investment & Retirement Provision
What defines this flat
- Coolness of the location: weak
- Price level: excellent
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Description from the provider
The property in question is a legal new build with a ground floor, four upper floors, and a penthouse. The ground floor contains a commercial space, while the upper floors are used exclusively for residential purposes.
The property comprises a total of 39 residential units. 14 apartments and 1 commercial space are available for sale. All units for sale are rented on an open-ended basis, with the exception of
- Top 36, which is currently rented on an open-ended basis for a rent of €602.99/month.
Each apartment is assigned its own cellar compartment. Additionally, residents have access to 28 stack parking spaces in the building's garage.
The usable areas of the apartments range from approximately 42.60 m² to 67.59 m².
The commercial space available for sale has a usable area of 83.56 m².
Upon request, a detailed overview of all available units with further information will be provided.
The contract preparation and escrow processing is bound to Dr. Christian Marth (Vavrovsky Heine Marth Attorneys) A-1010 Vienna, Fleischmarkt 1. The costs amount to 1.5% + 20% VAT + cash expenses.
Please note that these rented units cannot be viewed easily, therefore no guarantees can be made regarding their condition. The photos used are AI-generated.
Location
Schulgasse is located in the 18th district of Vienna, Währing, a sought-after residential area with high quality of life. The surroundings are characterized by well-kept residential buildings, good local supply, and numerous green spaces. The directly adjacent Schubertpark offers recreational opportunities right at the doorstep. The nearby Kutschkermarkt, with its market stalls, cafés, and restaurants, is reachable within a few minutes on foot and serves as a central meeting point for the district. Schools, doctors, pharmacies, and shopping facilities for daily needs are also in the immediate vicinity.
U-Bahn U6 "Währinger Straße–Volksoper": about 8–12 minutes on foot
Tram line 40 (direction Schottentor / Herbeckstraße): about 3–5 minutes on foot
Tram line 41 (direction Schottentor / Pötzleinsdorf): about 3–5 minutes on foot
Bus line 37A: about 5–7 minutes on foot
Bus line 40A: about 6–8 minutes on foot
The excellent public transport connections allow for quick and direct access to Vienna's city center and other districts, making the location particularly attractive for both living and working.
We would like to point out that there is a familial or economic close relationship between the broker and the third party to be brokered.
Automatically translated from the provider’s German description.
Key facts
Price per m²: calculated by wohnwahn.
Features
Investor metrics
Listed as an investment property by the provider
The provider offers this as an investment but states no annual rent. Without it we do not calculate a yield, rather than estimate one.
Without guarantee. Net yield is lower once operating costs, maintenance, vacancy and taxes are accounted for.
What we know about this location
Measured, dated and traceable. You will not find these figures in a listing.
GründerzeitPeriod buildings from around 1900 with rather small layouts. High ceilings, often no lift, dense blocks.urban structure typology, City of Vienna: „Gründerzeit mit überwiegend kleineren Wohnungen"
Rating
Summer heat
≈259 street trees. That noticeably cools the spot.
≈ 259 street trees within 300 m · tree register
Future · planned transitU5 Elterleinplatz · ~2035 (950 m)
More on the area →Your commute from here
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On foot
Walk this location on foot
A curated walk runs right past this address, with the data behind every stretch.
What this area offers
Meets 5 of 5 everyday criteria
The nearest places within walking distance, by category.
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Light & shadows
Public transport nearby
The nearest stop per mode, with the real weekday frequency. Walking time is routed through the street network, not measured as the crow flies.
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Source: timetable data from VOR, ÖBB · walking time via the OpenStreetMap network
Greenery around this spot
Parks & woods: large park 556 m awayProximity to parks, woods and meadows nearby (OpenStreetMap). Street trees are not counted here.
Trees & woody vegetation: plenty of treesWithin 300 m, 10 % of the area carries trees or woody vegetation. From satellite imagery (Copernicus, 2021 data), so trees in private gardens are included. Shrubs, orchards and vineyards count as well.
Plus every tree from the City of Vienna tree register: it covers the trees the city maintains along streets and in public parks. Trees in private gardens and in the woods are not included, so in such areas the map looks emptier than the place really is.
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Source: City of Vienna tree register
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