Residential complex with approved plan for further development

Are you looking for a large residential complex that you can convert or renovate either according to the already available, approved submission plan or according to your own ideas? Then this property could be exactly the right one for you!

With the purchase of this property, you are buying a residential property with a total plot area of approx. 4,324 m² as well as a row of garages (Garage 1, 3-5 and 7-9). The total living area is approx. 1,334.06 m², the common areas approx. 787 m² and the usable area approx. 2,121.36 m². This property is divided over 3 floors and has a full basement. It currently comprises 22 apartments and 9 garages.

According to the already available approved submission plan, the property would be converted to 27 residential units, distributed across the ground floor, 1st floor and attic floor, and 40 outdoor parking spaces would be provided. Outdoor areas are also planned for the individual apartments.

Extensive demolition work (removal of the interior fittings) has already been carried out, and construction work can begin at any time with the building permit and approved submission plan currently available.

Of course, it is entirely up to you whether and how you wish to renovate this property. This gives you considerable scope for implementing your own wishes and then using the property as required.

Both the HWB and fGEE values refer to the property after the planned renovation.

Location:

The location deserves positive mention. The market town of Riedau is located in the immediate vicinity. Here you will find everything you and your tenants need for everyday life, from local suppliers to kindergartens and schools, as well as restaurants. The outdoor swimming pool, for example, also provides for optimal leisure activities. The good public transport connections should also be mentioned, as Riedau railway station is within walking distance. The cities of Ried im Innkreis and Schärding can also be reached quickly by car in approx. 20 - 30 minutes.

Do not hesitate and get a direct impression on site of this multifaceted property, which offers enormous potential for investors. Contact us to arrange a non-binding viewing appointment.

Please note that, due to our obligation to provide proof to the owner, we can only process enquiries containing the complete address and telephone number. We would like to point out that all information has been prepared to the best of our knowledge and belief. Errors, typographical errors and changes reserved.