Zinshaus mit erheblichem Wertsteigerungs- und Entwicklungspotenzial – Bestandsfrei und mit 200m² Rohdachboden!

Residential Investment Building with Significant Value-Add and Development Potential – Vacant Possession in Vienna’s 15th District

A fully vacant residential investment property is offered for sale, located on Jheringgasse in Vienna’s 15th district. This property presents a rare opportunity for investors to acquire a classic Viennese period building with a clearly structured starting position and substantial upside potential.

The building was constructed around 1910 and offers a total usable floor area of approximately 802,87 m². The existing structure is complemented by a spacious commercial unit on the ground floor, most recently used for gastronomy, which can be flexibly repositioned.

A key value enhancement opportunity lies in the undeveloped attic space, which allows for the creation of one to two additional residential units totaling approximately 200 m² (subject to official approvals).

The property comprises a ground floor (including commercial unit and one apartment), three standard residential floors, and an attic level. Its current condition requires refurbishment, offering investors maximum flexibility in redesign, layout optimization, and strategic repositioning.

Investment Highlights:

• 100% vacant – immediate availability without tenancy restrictions
• Clear structure: 11 residential units + 1 commercial unit
• Attic with approx. 200 m² development potential
• Strong repositioning potential (residential / commercial / mixed-use)
• Attractive location in Vienna’s up-and-coming 15th district with stable demand
• Refurbishment opportunity with significant value creation potential
• Excellent public transport connections: close to Westbahnhof (U3, U6, suburban rail, long-distance trains)
• Quick access to Mariahilfer Straße (shopping & infrastructure)
• Close to Schönbrunn Palace and its extensive green areas (approx. 5 minutes on foot)
• Appealing residential environment with increasing demand and ongoing urban development

This property is ideally suited for traditional residential investors, project developers, or real estate companies aiming to achieve sustainable returns through refurbishment, attic development, and strategic re-letting.

Thanks to its vacant status and existing development reserves, this asset offers a particularly attractive basis for a timely project implementation with clearly calculable development potential.

Johannes Muchitsch, MSc

Real Estate & Asset Manager

RI Realinvest GmbH

Kreitnergasse 5

A-1160 Vienna

Mobile: +43 676 4010828

Phone: +43 1 8179127-155

Email: [email protected]

Website: www.immohold-ag.at