Rare opportunity in 1140 Vienna Penzing – property with existing building, use and development potential

For sale is a developable property in 1140 Vienna-Penzing. The approximately 372 m² plot includes an existing building from around 1900 with approx. 146 m² of residential usable area as well as a street-side extension built from approx. 2018 (designated as an office) with approx. 84 m² of usable area.

The extension consists of two units and is currently leased until September 2026 and December 2026, respectively. The existing building itself is vacant and can be occupied immediately.

The property is in a used condition and in need of modernization. It is particularly suitable for buyers who are seeking renovation, owner-occupation, holding as an investment or long-term further development. The designation as a mixed-use building zone opens up – subject to the necessary official and legal checks – different usage possibilities.

The location in the green west of Vienna combines a nature-oriented living environment with good urban infrastructure. Shopping facilities, public transport and everyday amenities are located in the immediate vicinity. The Auhof motorway junction is also reachable in a short driving time.

Key data:

• Plot area: approx. 372 m²
• Existing building: approx. 146 m² residential usable area according to the appraisal
• Street-side extension: approx. 84 m² usable area according to planning documents
• Year of construction of the existing building: approx. 1900
• Extension: from approx. 2018
• Zoning: mixed-use building zone
• Connections: electricity, gas, water and sewer
• Condition: used and in need of modernization
• Purchase price: € 395.000,–

The property offers an interesting combination of a Vienna urban location, existing building fabric and long-term development potential. We will be happy to provide further documents on request. Viewings are possible by appointment.

Information and viewing:

For further information and viewing appointments, Mr. Emre Er is happy to assist you at +43 660 50 45 114 or [email protected]!

Note pursuant to the Energy Performance Certificate Presentation Act: An energy performance certificate has not yet been provided by the owner or seller, after our clarification about the generally applicable presentation obligation and request for its preparation. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is deemed agreed. We assume no warranty or liability for the actual energy efficiency of the offered property.

The broker acts as a dual agent.