Investment apartment with approved plan and expansion potential

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 right for you!

By purchasing 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, divided between the ground floor, 1st floor and attic, and 40 outdoor parking spaces would be created. Outdoor areas are also planned for the individual apartments.

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

Of course, it is entirely up to you whether and how you would like to renovate this property. This gives you considerable scope to implement your own wishes and then use the property as required.

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

Location:

The location is particularly noteworthy. The market town of Riedau is located in the immediate vicinity. Here you will find everything that you and your tenants need for everyday life, from local suppliers to kindergartens and schools, as well as restaurants. Optimal leisure activities are also provided for, for example by the outdoor swimming pool. The good public transport connections should also be mentioned, as Riedau railway station is within walking distance. You can reach the towns of Ried im Innkreis and Schärding 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 that include the full address and telephone number.
We point out that all information has been prepared to the best of our knowledge and belief.
Errors, typographical errors and changes reserved.

Information according to legal requirements:

• Heating energy demand: 46.8 kWh/(m²a)
• Heating energy demand class: B
• Total energy efficiency factor: 0.8
• Total energy efficiency factor class: A

Mr Gattringer will be happy to answer any questions you may have at 0664 / 41 29 950! You are also welcome to arrange a non-binding viewing appointment.