Rental House Triester Straße - Development Project

The existing building on Triester Straße offers an attractive development project near Martin Luther King Park. With approximately 800 m² of existing space and the possibility to add two further floors with approximately 300 m², a total development area of about 1.100 m² is available. The 1900s building is vacant except for one unfixed rented unit.

The current inventory includes 11 residential units, two commercial units and storage space. Through the planned extension, three new apartments can be created in the 4th floor and two more in the attic. The property is zoned as mixed-use building land (GB) with building class IV and a maximum building height of 18 m.

Highlights

• Attractive development project with extension potential
• Approximately 1.100 m² total development area
• Vacant except for one unit
• 11 residential units, 2 commercial units and storage in existing building
• 3 new apartments in 4th floor and 2 in attic possible
• Building class IV with maximum height of 18 m
• Excellent public transport links nearby

Location & Surroundings

The property is located in Vienna 10., Favoriten, on Triester Straße near Martin Luther King Park. Excellent public transport: Tram lines 1 and 62 stop 100 m away at Davidgasse. Bus line 7A is only 200 m away and U1 station Reumannplatz is reachable in 7 minutes by walking. Supermarket, school and kindergarten are each less than 100 m away.

Additional Information

The purchase price is 1.560.000 Euro. Commission is 3 % of the purchase price plus 20 % VAT. The heating requirement is 281.2 kWh/m²a with class G and fGEE 3.76 with class F. The energy certificate is valid until May 2029.