Tenement house with potential in the 1170 district and attractive yield opportunity

Exclusive apartment building in 1170 Vienna – Preservation of value meets development potential

An attractive investment opportunity in an established location in Vienna:

This apartment building is offered for sale with a total usable area of approx.600sqm, consisting of 9 residential units, a commercial unit and a storage area.

The property is in a well-maintained, partially renovated condition and thus offers a solid basis for sustainable management. Significant investments have already been made: Most of the windows have been replaced, the façade was renovated in 1997, and the bicycle and pram room and waste room were only constructed in 2025.

Potential for the future

The additional development potential in the attic is particularly interesting. According to information provided, the applicable land-use and development plan generally allows for an attic conversion. The property is located in a mixed-use building area, building class III, closed construction method.

The property therefore combines existing rental income with an attractive prospect for future appreciation. Conversion is possible subject to official approvals and the technical examination of structural engineering, fire protection and the building file.

Valuable location in 1170 Vienna

The established location in Hernals impresses with excellent infrastructure and transport connections. Public transport, shopping facilities, medical facilities, schools and kindergartens are in the immediate vicinity or quickly reachable surroundings.

An investment with prospects

Purchase price: € 2.700.000,–

A rare opportunity for investors and real estate investors seeking a substantial existing property with ongoing income and additional development potentialsuchen.

Existing property. Income. Development potential. – A property with prospects.

All information is provided without guarantee and subject to official and technical examination.

Infrastructure / Distances

• Health
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <1.000m
  • Hospital <1.500m
• Children & schools
  • School <500m
  • Kindergarten <500m
  • University <1.500m
  • Secondary school <1.500m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping centre <1.000m
• Other
  • ATM <500m
  • Bank <500m
  • Post office <500m
  • Police <1.000m
• Transport
  • Bus <500m
  • Underground <1.000m
  • Tram <500m
  • Train station <1.000m
  • Motorway access <4.000m

Distances are aerial distances / Source: OpenStreetMap