Investment apartment with garden and plot division potential

This exceptional property in the 21st district of Vienna in Leopoldau offers a rarely found combination of two completely separate residential houses on one plot - ideal for private investors, owner-occupiers with investment considerations, or project developers.

House 1:

The main house was constructed circa 1988-89 as an ELK prefabricated house in solid wooden construction and extends over three levels with a usable area of approx. 126,67 m² plus a fully developed basement of approx. 82,50 m².

The ground floor contains a generous living room of 28,32 m² with parquet flooring and access to the terrace, a kitchen of 12,96 m², two further rooms and a bathroom with shower cabin and WC.

The attic offers 3,5 rooms, a second bathroom and a balcony of 3,75 m². The entire house has four WCs, wooden windows with triple glazing and radiators in all rooms.

The floors are fitted with parquet, tiles, laminate and carpet depending on the area.

A special design feature of the main house is a high-quality design fireplace that gives the living area an elegant and homely atmosphere.

In addition, the house contains selected antique furniture that enriches the interior with individual character and timeless style. Both the fireplace and the antiques can be taken over by the buyer by arrangement and thus constitute a valuable addition to this extraordinary property.

The basement of the main house convinces with its particular versatility:

• It houses, in addition to the boiler room, several cellar rooms, a storage room, a sauna, its own shower facility and a washing machine connection.
• A separate cellar exit leads directly into the garden, secured by a metal security door.
• The heating system consists of a Vaillant VKS 17 E gas standing boiler for the central heating with electronic time switch and thermostat control, a Vaillant hot water storage tank with fully documented maintenance history and an additional Stiebel Eltron electric storage unit.

The property is additionally equipped with a professional alarm system and a video surveillance system.

House 2:

The second, smaller house on the same plot has a usable area of approx. 80 m², divided into a ground floor with kitchen, two rooms and bathroom/WC as well as an attic of approx. 44,74 m².

It has its own separate garden area and is fully furnished and equipped, including a kitchen with stove, dishwasher and refrigerator, bathroom with bathtub, WC and washbasin, gas boiler and washing machine.

The house has been rented since April 2026 (lease term until 31. Mai 2031). and generates a monthly gross income of € 1.100,- (€ 850,- main rent plus € 250,- flat-rate operating costs). The existing tenancy with ongoing rental income and the full coverage of the house operating costs by the flat-rate operating costs represent an economic advantage for a buyer.

The gas costs are billed directly by the tenant with the utility company. A deposit of € 3.300,– was paid in cash on conclusion of the contract. The Tenancy Law (MRG) expressly does not apply to this tenancy.

Car parking spaces:

There are currently two car parking spaces on the property, whereby the spatial conditions allow easy accommodation of a third vehicle - a clear advantage both for the owner-occupation of the main house and with regard to the attractiveness for tenants of the second house.

A special highlight of this property is the possibility of subdividing the plot. Since the two buildings are recorded under two separate plot numbers and the area is designated as residential area building class I, concrete development prospects for two independent projects open up for buyers.

Location description

The property is located in a quiet residential street in the Leopoldau district in the 21st district of Vienna - a mature, family-friendly settlement with predominantly detached and terraced houses and high living quality away from urban noise.

The infrastructure of the surrounding area is very well developed. The U1 subway line is within walking distance and provides a direct connection to the center of Vienna. The public transport offer is complemented by several bus lines. Supermarkets, pharmacies, doctors as well as schools and kindergartens are in the immediate vicinity.

The connection to the higher-level road network is also comfortably given, so the property is an excellent choice for commuters as well as for families.

Property data at a glance

• District: 1210 Wien, Leopoldau
• Usable area main house: approx. 126,67 m² + approx. 82,50 m² basement
• Usable area small house: approx. 80 m²
• Total usable area: approx. 207 m²
• Year of construction: 1988
• Construction: ELK prefabricated house, wooden construction with thermal insulation
• Heating: gas central heating (Vaillant VKS 17 E) + electric storage (Stiebel Eltron)
• Hot water: Vaillant hot water storage WCs: 4 (main house)
• Windows: wood, triple glazed
• Floors: parquet, tiles, laminate, carpet
• Car parking spaces: 2 available, 3rd parking space easily realizable
• Special features: design fireplace, antique furniture (transferable by arrangement), sauna, alarm system, video surveillance, plot subdivision possible Rental income House 2: € 1.100,- gross/month
• Desired purchase price: € 1.098.000,-

The information is provided to the best of our knowledge and on the basis of the documents available. Changes and errors excepted.

For questions and to arrange viewing appointments, Mr. Zelimchan Kagirov is at your disposal by phone at 0650 958 1282 or by e-mail at [email protected].

Heating requirement: 172 kWH/qm/year

fGEE: 2,54