Attractive rental building with development potential in the wine village Pfaffstätten

In the well-known wine-growing municipality of Pfaffstätten, directly along the picturesque Thermenlinie in the Baden district (Lower Austria), this versatile, currently rented investment property is for sale. The property has already been converted into the land register and offers investors and developers a legally secure basis.

There are currently two commercial units on the property. These were modernized in recent years (underfloor heating, renewal of the electrical installation, air conditioning, and much more)

The net income per month is currently EUR approx. 2,061.82 for an area of approx. 141.84 m²

Development possibilities at a glance:

The property offers enormous potential for comprehensive expansion and densification:

• Zoning: Core building land (BK-6 WE – up to 6 residential units possible)
• Building density & method: 70 % density, semi-detached construction method (g)
• Building class: I, II
• Loft conversion: The existing unfinished attic is ideally suited for creating at least 2–3 additional residential units. Preliminary discussions with the market municipality of Pfaffstätten have already been successfully held.
• Ground floor: There is the possibility of constructing another commercial unit.
• Outdoor area: The courtyard offers sufficient space for creating the required passenger car parking spaces.

Highlights of the location & infrastructure:

The house impresses with its excellent location. The transport connections are ideal: In the immediate vicinity, you will find both bus connections and the railway station, allowing you to reach surrounding towns and the city center quickly and conveniently.

The local infrastructure also leaves nothing to be desired. Doctors, schools and kindergartens, shopping facilities such as supermarkets and bakeries are also nearby are reachable within a few minutes.

We would like to point out that there is a family or economic close relationship between the agent and the third party to whom the property is being brokered.

The agent acts as a dual agent.

Take advantage of the unique opportunity to view this property – seeing and experiencing it is much more impressive! A viewing is free of charge and non-binding, and gives you an unadulterated impression of the property. I will also be happy to support you with financing as well as with the sale/rental of your property.

Infrastructure / Distances

• Health
  • Doctor <500m
  • Pharmacy <1,500m
  • Clinic <3,000m
  • Hospital <2,500m
• Children & schools
  • School <500m
  • Kindergarten <500m
  • Secondary school <6,500m
• Local supply
  • Supermarket <1,000m
  • Bakery <500m
  • Shopping center <3,000m
• Other
  • Bank <500m
  • ATM <500m
  • Post office <2,000m
  • Police <1,500m
• Transport
  • Bus <500m
  • Railway station <500m
  • Motorway connection <3,500m
  • Tram <2,000m
  • Airport <6,000m

Distances in a straight line / source: OpenStreetMap