Altbauwohnung with development potential and elevator

Location and infrastructure:

Only a few hundred meters from the property there are stops for bus lines 4A and 74A, tram line O, as well as the “Rochusgasse” underground station on line U3. This provides access both to the nearby public transport hub “Wien Mitte” (with connections to the S-Bahn, underground line U4 and other public transport) and to Vienna city center within just a few minutes by transport.

Overall, the infrastructure is considered good due to the central, inner-city location. The Landstraßer Hauptstraße and the Rochusmarkt with numerous shops and shopping opportunities are nearby.

Plot and outdoor areas:

The subject property, 554 m², is approximately trapezoidal in shape, level and oriented approximately in a southeasterly direction. The property has not yet been newly surveyed and has therefore to date only been recorded in the land tax cadastre.

The boundary with the neighboring properties is formed by Pfarrhofgasse and Ziehrerplatz, the existing buildings and, in part, by a wrought-iron fence in the courtyard area. However, there is no enclosure or separation whatsoever in the courtyard area from the neighboring property at Hintzerstraße 6.

Floors: basement, souterrain, raised ground floor, 4 upper floors and an attic floor that is currently only partially developed.

General information:

The tenement building located on the subject corner plot has an approximately L-shaped floor plan and was built in 1911 using solid brick construction.

The street-facing façades are articulated; the street-facing windows are mostly traditional box windows. The main entrance portal, with the entrance gate located there, is situated on Ziehrerplatz and is approximately centered. It is a double-leaf wrought-iron gate with glazing and a structurally separate fanlight. An intercom system with a doorbell panel is located in this area.

The entrance area (foyer) is painted and partly decorated with stucco and marble slabs. There is also a wrought-iron chandelier hanging from the ceiling. The floors in the entrance area are covered with stone tiles, and the entrance area also contains a stone staircase leading to the level of the raised ground floor and to the corridor area located there, the actual stairwell. The door frames of the entrance doors still located in the foyer (these are the entrance doors to the former corridor WC located there and to unit Top 1, which is also located there) are clad in marble.

The individual corridor areas and the stairwell are painted and partly decorated with stucco. The floors in the individual corridor areas are covered with stone tiles. Inside, the building is accessed both by a winding stone staircase with a wooden handrail and by a preserved original lift, which is located in the stairwell (with a wrought-iron lift shaft and has stops on the floors from the raised ground floor to the attic floor.

There are two units on each standard floor. The raised ground floor contains three units, while the partially developed attic floor contains only one smaller unit, the unfinished attic 336 m2 and the former laundry room. The apartment entrance doors of the individual units are mostly double-leaf wooden doors. The upper floors also each have barred corridor windows, whose “window sills” are made of marble.

All units currently vacant (these are the vacant commercial premises in the souterrain on the left (when viewed from the street), as well as Tops W 2, W 4, W 7, W 9 and W12), as well as the undeveloped part of the attic and the basement (in its generally accessible areas), could be inspected during the on-site visit. The courtyard façades are smooth (articulation results solely from the building structure and the small balconies attached on the courtyard side) and are overall in a condition already requiring renovation.

Terms:

• Purchase price: 16 800 000 Euro
• Brokerage commission: 3% of the purchase price plus 20% VAT.