Unbeatable 1.490€/m² NFL tenement building near U-Bahn EXCLUSIVE

An interesting apartment building in Vienna’s 10th municipal district is offered for sale, with development potential, vacant areas and additional expansion possibilities in the attic.

The property has an existing usable floor area of approx. 515 m² and comprises a total of 10 units. Around 160 m² are currently vacant and can be re-let at short notice, used by the owner or optimized as part of an upgrade. The remaining inventory is rented indefinitely.

The existing attic expansion potential is particularly interesting: According to the current non-binding assessment, an additional new-build usable floor area of around 200 m² appears possible, subject to building authority, technical and legal review.

Another significant value driver is the commercial unit on the ground floor. Due to its location and footfall, it offers considerable rental potential, for example for retail, office, services or gastronomy, provided this is feasible from an official and trade-law perspective.

Key data

• Category: Information
• Property type: Apartment building / investment and development property
• Location: 1100 Vienna
• Year built: approx. 1930
• Plot area: approx. 321 m²
• Zoning: W III g
• Existing usable floor area: approx. 515.65 m²
• Vacancy: approx. 160.76 m²
• Attic expansion potential: approx. 200 m² NNFL estimated on a non-binding basis
• Units: 10
• Listed monument protection: No
• Current annual income: approx. € 7.460,- net p.a.
• Special feature: Commercial unit with significant rental potential

Location

The property is situated in a well-connected location in the 10th district. The U1 can be reached quickly and provides a direct connection to Vienna’s city centre. Tram lines and the bus line are in the immediate vicinity.

Thanks to the good public transport connections, the urban surroundings and the existing ground-floor area, the property is suitable both as a classic apartment-building investment and as a development property with potential for increasing returns.

Highlights

• Apartment building in the 10th district
• Approx. 515 m² existing usable floor area
• Approx. 160 m² vacant area
• Approx. 200 m² attic expansion potential estimated on a non-binding basis
• Commercial unit on the ground floor
• Zoning W III g
• No listed monument protection
• U1 connection
• Current income is low, therefore significant optimization potential
• Interesting for investors, developers and owners of existing portfolios

Further documents and details are available upon qualified inquiry.

Contact:

We will be pleased to send you further documents or arrange a personal viewing appointment.

Please note: Inquiries can only be processed if complete contact details are provided (first and last name or company name, address, telephone number and email address).

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

The broker is acting as a dual agent.