Investment building with development potential near Martin Luther King Park

Development project for a rental building near Martin Luther King Park - close to Matzleinsdorfer Platz

The existing building on Triester Straße is vacant except for one unit that is rented on an indefinite basis.

In addition, 2 new floors (4th floor + DG1) can be added.

This provides a total development area of approx. 1,100 m².

The property in question is designated as building land, mixed-use building zone (GB), building class IV, with a restriction on the permissible building height of 18 m, in closed construction, in the street tract area and as mixed-use building zone (GB), business district, building class I, with a restriction on the permissible building height of 4.5 m, in closed construction, in the rear courtyard area.

Existing floor area: approx. 800 m² + approx. 300 m² possible addition

Current inventory: 11 residential units, 2 commercial premises & storage

Addition:

• 4th floor / 3 new apartments
• Attic / 2 new apartments

Purchase price: 1,560,000 Euro

Commission: 3% of the purchase price plus 20% VAT.

Public transport connections:

• Tram – 1, 62 Davidgasse 100m
• Bus – 7A – 200m
• U1 Reumannplatz – 7 minutes by bike

Energy certificate:

The heating energy demand is 281.2 kWh/m²a, Class G, fGEE 3.76 - Class F.

For questions or viewings, Mr. Mag. Christian Leikam is happy to assist you at 0664 889 253 51 or [email protected].

We would like to point out that there is a family or economic close relationship between the agent and the third party to be brokered.

The agent acts as a dual broker.

Life needs space * T19-RE Real Estate GmbH & Co KG * www.teamneunzehn.at

Dual broker

We act as real estate agents by virtue of existing commercial practice as dual brokers and therefore have to support both sides of the contract (seller-buyer, landlord-tenant).

Economic close relationship

It is announced that the following economic close relationship exists between the teamneunzehn group and the seller/the renting party: permanent and ongoing engagement with the brokerage of the existing real estate portfolio

Liability statement for the listing

Errors and changes reserved! If images are visualizations, modifications to the actual execution may result. We expressly point out that the furniture or inventory visible in photos or visualizations is not part of the listed price.

Infrastructure / Distances

Health

• Doctor <150m
• Pharmacy <250m
• Clinic <525m
• Hospital <475m

Children & Schools

• School <100m
• Kindergarten <100m
• University <1.375m
• Secondary school <1.200m

Local supply

• Supermarket <75m
• Bakery <275m
• Shopping center <1.650m

Other

• ATM <575m
• Bank <575m
• Post office <575m
• Police <900m

Transport

• Bus <25m
• Subway <525m
• Tram <75m
• Train station <475m
• Highway access <2.600m

Distance information as the crow flies / Source: OpenStreetMap