Krongasse 6 - Top 12

THE PROJECT

This beautifully restored turn-of-the-century property, dating from 1885, is situated on Krongasse, close to Margaretenstraße and Schloßquadrat, and combines historic charm with modern luxury. With great attention to detail, the three-storey building was carefully restored in 2025 and extended to include two attic floors and a passenger lift, ensuring that its original character is in perfect harmony with high-quality, contemporary fittings. All units have a district heating connection and a cellar.

In addition to the refurbished flats in the old building and the attic flats, several units and flats currently let on open-ended tenancies are also available for sale.

We would be delighted to provide you with an overview of all available units as well as detailed property descriptions for the respective flats.

OVERVIEW OF FLATS

• Living areas from approx. 45 sqm to 130 sqm
• 2 to 3 rooms
• Newly built top-floor flats with open-plan spaces on the 1st floor
• Penthouse on the 2nd floor with a private roof terrace
• Completely refurbished garden flat with terrace and garden
• Flat in an older building on the 2nd floor (where the lift is located), in need of renovation

FOR INVESTORS

• Flats in older buildings let on a long-term basis, ranging from approx. 30 sq m to 163 sq m (some with a balcony)
• Apartments on the ground floor suitable for commercial letting, each approx. 30.5 sq m

FEATURES

• Air conditioning and external sun blinds in the top-floor flats
• Balconies, loggias, terraces, roof terraces and a garden
• District heating
• Underfloor heating and oak parquet flooring in the refurbished units
• New passenger lift
• Cellar storage units
• Covered cycle storage in the courtyard

PROPERTY DESCRIPTION Top 12

Top 12 offers approximately 163 square metres of living space and a balcony of approximately 6 square metres, and extends across the 2nd floor and the top floor of the courtyard building.

The entrance to the flat is on the 2nd floor of the communal stairwell.

The purchase price is EUR 699,000 plus 20% VAT.

INFORMATION ON THE TENANCY

The property is let on a permanent tenancy.

The net rent is currently €10.44 per square metre of living space.

The yield is approximately 2.9%.

SERVICE CHARGES

The drafting of the contract and escrow arrangements are handled by the law firm Dr Rumpf, Freyung 6, 1010 Vienna. The costs amount to 1.5% of the purchase price plus 20% VAT, as well as out-of-pocket expenses and certification fees.

For the sake of clarity, we note that, unless otherwise stated in the offer, a commission is payable upon successful completion of the transaction in accordance with the rates set out in the Estate Agents’ Ordinance (BGBI. 262 and 297/1996 – that is, 3 per cent of the purchase price plus 20 per cent VAT. This obligation to pay commission also applies if you pass on the information provided to you to third parties. There is a close economic relationship with the seller. We would like to point out that we are acting as dual agents.

Please note that there is a close family or financial relationship between the agent and the third party for whom the service is being provided.

The agent is acting as a dual agent.