Apartment on private land with development potential

This exceptional property in Leopoldau, in Vienna’s 21st district, offers a rarely found combination of two fully separate residential houses on one plot—ideal for private investors, owner-occupiers with investment plans, or property developers.

House 1:

The main house was built ca. 1988-89 as an ELK prefabricated house in a solid timber construction and extends over three levels, with a usable area of ca. 126,67 m² plus a fully finished basement of ca. 82,50 m².

The ground floor comprises a spacious 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 a shower cabin and WC.

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

Depending on the area, the floors are finished with parquet, tiles, laminate, and carpet.

A distinctive design feature of the main house is a high-quality designer fireplace, which lends the living area an elegant and homely atmosphere.

The house also contains selected antique furniture, which enhances the interior with individual character and timeless style. By agreement, the buyer may take over both the fireplace and the antiques, making them a valuable addition to this exceptional property.

The basement of the main house impresses with its particular versatility: in addition to the heating room, it contains several cellar rooms, a storage room, a sauna, a separate shower facility, and a washing machine connection. A separate basement exit leads directly into the garden and is secured by a metal security door. The heating system consists of a Vaillant VKS 17 E gas floor-standing boiler for central heating with an electronic timer and thermostat control, a Vaillant hot-water storage tank with a fully documented maintenance history, and an additional Stiebel Eltron electric storage heater.

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 ca. 80 m², divided between a ground floor with a kitchen, two rooms, and a bathroom/WC, and an attic of ca. 44,74 m².

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

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

The gas costs are settled directly by the tenant with the utility provider. A deposit of € 3.300,– was lodged in cash when the contract was signed. The Tenancy Act (MRG) expressly does not apply to this tenancy.

Parking spaces:

There are currently two car parking spaces on the property, while the available space allows for a third vehicle to be accommodated without difficulty—a clear advantage both for the owner-occupation of the main house and in terms of the appeal to tenants of the second house.

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

LOCATION DESCRIPTION

The property is located on a quiet residential street in the Leopoldau district of Vienna’s 21st district—a well-established, family-friendly neighbourhood consisting predominantly of detached and terraced houses and offering a high quality of living away from the noise of the city.

The local infrastructure is very well developed. The U1 underground line is within walking distance and provides a direct connection to Vienna city centre. Several bus routes complement the public transport services. Supermarkets, pharmacies, doctors, schools, and kindergartens are in the immediate vicinity.

Access to the main road network is also convenient, making the property an excellent choice for both commuters and families.

PROPERTY DETAILS AT A GLANCE

• District: 1210 Vienna, Leopoldau
• Usable area, main house: ca. 126,67 m² + ca. 82,50 m² basement
• Usable area, small house: ca. 80 m²
• Total usable area: ca. 207 m²
• Year built: 1988
• Construction: ELK prefabricated house, timber construction with thermal insulation
• Heating: gas central heating (Vaillant VKS 17 E) + electric storage heater (Stiebel Eltron)
• Hot water: Vaillant hot-water storage tank
• WCs: 4 (main house)
• Windows: timber, triple-glazed
• Floors: parquet, tiles, laminate, carpet
• Car parking spaces: 2 available, 3rd parking space can easily be created
• Features: designer fireplace, antique furniture (available by agreement), sauna, alarm system, video surveillance, plot subdivision possible
• Rental income, House 2: € 1.100,- gross/month
• Asking 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 enquiries or to arrange viewings, Mr Zelimchan Kagirov will be pleased to assist you by telephone on 0650 958 1282 or by email at [email protected].

Heating energy demand: 172 kWH/qm/Jahr
fGEE: 2,54