Renovation project with charm at Friedrich-Engels-Platz

Wiener Altbau with development potential

For sale is a characterful Wiener Altbau in an attractive location in the 20th district. The building combines the unmistakable charm of classic Viennese Gründerzeit architecture with modernization measures already carried out and at the same time offers interesting development potential for investors and long-term holders.

The tenement house comprises a total of seven residential units, of which three apartments have already been extensively renovated. The remaining four units are in an unrenovated condition and offer 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 appeal. The combination of renovation measures already realized and existing development potential makes the property interesting both for long-term oriented investors and for investors with an active asset management approach.

• Total of 7 residential units
• 3 apartments already renovated
• 4 apartments with development potential
• Attractive location in Brigittenau
• Solid substance with value enhancement possibilities
• Ideal investment for investors and developers
• Combination of existing stock and development potential
• Passenger lift

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 the public transport network, the Vienna city center and other districts are quickly accessible.

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

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 broker.

• 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
  • Other
    • Cash machine <75m
    • Bank <200m
    • Post office <650m
    • Police <100m
  • Transport
    • Bus <100m
    • U-Bahn <375m
    • Tram <100m
    • Train station <375m
    • Motorway access <925m

Distances given as the crow flies / Source: OpenStreetMap