Vacant Gründerzeit tenement building | 1060 Vienna

For sale is a Gründerzeit apartment building requiring renovation, almost completely vacant and already divided into condominium units, in a central location in Vienna’s 6th municipal district.

The property has approximately 1,975 m² of saleable usable floor area and a total of 36 units, providing an interesting starting point for comprehensive revitalization and subsequent sale.

The classic Gründerzeit building dates from the turn of the century and is accessed via two staircases. The building is arranged around an inner courtyard and comprises a basement, ground floor, three upper floors and an attic floor already converted in 1995.

A particular advantage of the property is the existing condominium division and its almost complete vacancy. With the exception of one attic apartment, the units are vacant.

The property therefore offers particularly interesting conditions for investors, property developers and project developers for comprehensive renovation, repositioning and subsequent individual sale.

Condition & potential

The apartments and common areas are in a condition requiring extensive renovation.

The existing need for renovation offers the opportunity to revitalize the property as a whole and reposition the individual units in line with current residential standards.

In particular, the combination of almost complete vacancy, existing condominium division and 36 units creates attractive conditions for a renovation and sales strategy.

Key figures

• Plot area: approx. 769 m²
• Residential floor area: approx. 1,970 m²
• Saleable usable floor area: approx. 1,975 m²
• Terrace areas: approx. 33 m²
• Units: 36
• Staircases: 2
• Floors: basement + ground floor + 3 upper floors + attic floor
• Attic floor: converted in 1995
• Condominium division: available / condominium ownership established
• Occupancy: vacant except for one attic apartment
• Condition: requiring extensive renovation
• Basement: available
• Lift: not available
• Year of construction: turn of the century

Highlights

• ✓ 36 units
• ✓ Almost completely vacant
• ✓ Already divided into condominiums / condominium ownership established
• ✓ Approx. 1,975 m² of saleable usable floor area
• ✓ Approx. 1,970 m² of residential floor area
• ✓ Two staircases
• ✓ Attic floor already converted in 1995
• ✓ Private garden areas available
• ✓ Attractive basis for comprehensive revitalization
• ✓ Interesting potential for subsequent individual sale
• ✓ Central inner-city location in 1060 Vienna

Location – 1060 Vienna

The property is located in Vienna’s 6th municipal district, Mariahilf, a centrally located and established inner-city residential district.

The surrounding area offers excellent urban infrastructure with numerous shopping facilities, restaurants and amenities for everyday needs.

Thanks to good connections to the public transport network, both Vienna city centre and other important districts can be reached quickly.

The combination of an inner-city location, established infrastructure and high residential quality makes the location particularly interesting with regard to future renovation and individual sale.

Contact & further information

Please note that, due to our obligation to provide proof to the owner, we can process only enquiries providing the full name, address, telephone number and e-mail address.

We will be pleased to provide further information and documents regarding the property upon request.

Through our network of partner lawyer, notary and financing partner, we can, if required, support an efficient and professional handling of the entire transaction process.

For further information and details, please contact:

Mr Zoran Kalabic
Tel.: +43 699 188 86 633
E-mail: [email protected]

All information is based on the information and documents made available to us and is provided without guarantee. Area specifications as well as information on occupancy and condominium division must be independently verified by the interested party as part of a technical and legal review.

Notice pursuant to the Energy Performance Certificate Submission Act: An energy performance certificate has not yet been submitted by the owner or seller, despite our explanation of the generally applicable obligation to submit one and our request that it be prepared. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is deemed agreed. We assume no warranty or liability whatsoever for the actual energy efficiency of the property offered.

The broker acts as a dual broker.

Infrastructure / distances

• Health
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <500m
  • Hospital <500m
• Children & schools
  • School <500m
  • Kindergarten <500m
  • University <1,000m
  • Secondary school <1,000m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping centre <1,000m
• Other
  • ATM <500m
  • Bank <500m
  • Post office <500m
  • Police station <500m
• Transport
  • Bus <500m
  • Underground <500m
  • Tram <1,000m
  • Train station <500m
  • Motorway access <4,500m
• Distances as the crow flies / source: OpenStreetMap