Project Friedrich-Engels-Platz 20 in 1200 Vienna

Friedrich-Engels-Platz 20 - Viennese old building with development potential

For sale is a characterful Viennese old building in an attractive location in the 20th district. The building combines the unmistakable charm of classic Viennese Gründerzeit architecture with already completed modernization measures and at the same time offers interesting development potential for investors and property holders.

The rental building comprises a total of seven residential units, of which three apartments have already been refurbished to a high standard. The remaining four units are in an unrenovated condition and open up attractive opportunities for further value enhancement through renovation and modernization.

Typical old building features such as the classic facade design, generous ceiling heights and the special character of historic Viennese residential buildings give the property a lasting attractiveness. The combination of already realized renovation measures and existing development potential makes the property interesting both for long-term oriented investors and for investors with an active asset management approach.

Location

Friedrich-Engels-Platz in the 20th Vienna municipal district Brigittenau combines urban infrastructure with a high quality of life. Numerous shopping facilities, schools, gastronomy businesses and facilities for daily needs are located in the immediate vicinity. Thanks to the good connection to public transport, the Vienna city center and other districts can be reached quickly.

The nearby Danube Island offers a variety of opportunities for recreation and leisure activities and underlines the attractiveness of this sought-after residential location. The combination of good infrastructure, excellent accessibility and a variety of leisure activities makes Brigittenau a popular Viennese residential district.

Additional costs

For the sake of good order, we note that, unless otherwise stated in the offer, a commission will be charged in the event of a successful conclusion, which corresponds to the rates set out in the Real Estate Agent Ordinance BGBI. 262 and 297/1996 – that is 3 % of the purchase price plus 20% VAT. This commission obligation also exists if you pass on the information provided to you to third parties. Finally, we point out that we act as double agents and that there is a familial/economic close relationship between 3SI Makler GmbH and the seller.

The contract preparation and escrow handling is tied to the law firm VHM Rechtsanwälte, Fleischmarkt 1, 1010 Vienna. The costs are 1.5 % of the purchase price plus 20 % VAT as well as cash expenses and notarization. If externally financed, the fee increases to 1.8 % of the purchase price plus cash expenses and notarization.

We point out that there is a familial or economic close relationship between the intermediary and the third party to be mediated.

The intermediary acts as a double agent.

• Top 18: 58,96 m² 355.000,00 € aktiv
• Top 20: 37 m² 149.000,00 € aktiv
• Top 21: 38 m² 154.000,00 € aktiv
• Top 24: 58,96 m² 365.000,00 € aktiv

1st floor

• Top 9: 38 m² 145.000,00 € aktiv
• Top 10: 30 m² 117.000,00 € aktiv
• Top 12: 58,96 m² 345.000,00 € aktiv

Infrastructure / Distances

• Health
  • Doctor <150m
  • Pharmacy <75m
  • Clinic <525m
  • Hospital <775m
• Children & Schools
  • School <275m
  • Kindergarten <100m
  • University <575m
  • Secondary school <1.300m
• Supply
  • Supermarket <175m
  • Bakery <325m
  • Shopping center <500m
• Others
  • ATM <75m
  • Bank <200m
  • Post office <650m
  • Police <100m
• Transport
  • Bus <100m
  • Underground <375m
  • Tram <100m
  • Train station <375m
  • Motorway access <925m

Information distance as the crow flies / Source: OpenStreetMap