Attractive Serviced Apartments for Sale in Vienna’s 12th District

1120 Wien,Meidling , Schönbrunner Straße 203

Description

Building Details

  • Ground floor plus four upper floors
  • Potential to expand to approximately 40 rooms by developing the attic/roof level

Facilities

  • 28 bright and inviting rooms in various sizes
  • Spacious chill-out area
  • Communal seating area
  • Shared kitchen
  • Reception
  • Free Wi-Fi
  • Linen and towel service

Operational Figures (2023)

  • Total revenue: €429,400
  • Operating costs: €115,740
  • Profit: €313,600
  • Yield: approx. 8.5%

Purchase Options

The property is available either:

  • With the existing operator (Metro Apartments Wien), or
  • Operator-free

Please note that there is a close familial or economic relationship between the broker and the client.

The agent acts as a double broker.

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