INVESTMENT RARITY AT ALLERHEILIGENPLATZ: Entire Old Building Floor (3rd floor) with very high vacancy rate, unobstructed park view & massive value creation potential

Attention Vienna real estate investors: This is a rare opportunity that can safely be described as a genuine “no-brainer” in the current Vienna real estate market. For sale is an entire floor (3rd floor) in a classic, characterful old building directly at the sought-after Allerheiligenplatz in 1200 Vienna.

With a substantial total usable area of 299.81 m² and a strategically perfect rental structure, this property offers the ideal basis for significant value creation in the short to medium term through targeted renovation and repositioning.

The facts and structure at a glance:

• Location: Allerheiligenplatz, 1200 Vienna (3rd upper floor)
• Total floor area: 299.81 m²
• Current units: Divided into a total of 6 residential units
• The highly attractive existing structure:
  • 207.85 m² (Units 25, 26, 29, 31-32) are currently vacant (Immediate development potential!)
  • 30.32 m² (Unit 30) will be vacant from the end of July 2027 (Future development scope already secured!)
  • Only one residential unit with 61.64 m² (Unit 27-28) is rented indefinitely with an index-linked rent

The value creation and enhancement potential – Why this project is a “no-brainer”:

• The location & the view: Allerheiligenplatz is one of the most dynamic and fastest-appreciating locations in the 20th district. The absolute highlight: The floor offers a fantastic, unobstructed view directly onto the spacious green park in front. This view guarantees a first-class premium feeling when the renovated units are later rented out or sold.
• Short-term leverage through renovation: Almost 208 m² (more than two thirds of the entire floor!) are completely vacant, allowing you to begin planning and high-quality revitalization without any delays. Whether combining units into spacious family apartments or creating modern, perfectly laid-out investor apartments – all development options are open to you here.
• Value appreciation par excellence: The combination of a first-class micro-location, the beautiful park view and the opportunity to raise the old-building substance to a modern top level makes enormous appreciation potential in the coming years almost certain. A worthwhile investment that practically speaks for itself.

Target group:

This package is specifically aimed at real estate professionals and smart real estate investors who have an eye for floor plans and the expertise for revitalizations in order to fully realize the substantial return potential lying dormant here. This property is also quite interesting for those interested in gaining their first experience with more extensive projects. We are happy to support you with our network in Vienna’s construction industry in the targeted search for a reliable and competitively priced construction company.

Project details and contact:

• Purchase price: 749,000 EUR (excluding taxes and ancillary costs)
• Detailed documents: We will be happy to send you plans, the exact breakdown of the 6 units and rent rolls (via data room link) after receiving your complete contact details.

Do not miss this investment highlight!

Arrange a viewing appointment today for a joint on-site inspection and see for yourself this top project at Allerheiligenplatz.

Please note that there is a family or economic relationship between the broker and the third party to be brokered.

Infrastructure / Distances

• Healthcare
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <500m
  • Hospital <500m
• Children & schools
  • School <500m
  • Kindergarten <500m
  • University <1,000m
  • Upper-level school <1,500m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping centre <500m
• Other
  • ATM <500m
  • Bank <500m
  • Post office <500m
  • Police station <500m
• Transport
  • Bus <500m
  • Underground <500m
  • Tram <500m
  • Train station <500m
  • Motorway access <1,500m

Distances as the crow flies / Source: OpenStreetMap