NEW PRICE!!! - Tenement house with unobstructed green view & 603m² NNFL roof extension - Near subway - Exclusive mandate

Key details of the property

• Property type: Apartment building / investment property with development potential
• Underground railway: in the immediate vicinity
• Existing usable floor area: approx. 730 m²
• Vacancy: approx. 203 m²
• Rented for a fixed term: approx. 46 m²
• Rented for an unlimited term: approx. 481 m² (Possible vacancy: approx. 130 m²)
• Potential for attic conversion: approx. 603 m² of non-binding estimated new-build usable floor area
• Current income: approx. € 34.700,- p.a | Target income: approx. € 54.200,- p.a | Income potential: approx. € 65.200,-
• Cellar: very dry
• Purchase price: € 1.525.000,-
• Fantastic view

Income situation

The property already generates ongoing income today and at the same time offers significant potential for rent increases and development.

• Current income: approx. € 34.704,- p.a.
• Target income: approx. € 54.200,- p.a.
• Income potential: approx. € 65.214,- p.a.

The existing vacant areas, the possible additional areas that may become vacant, and the attractive location near Schönbrunn provide an excellent basis for gradual income optimization.

Property description

The property has an existing usable floor area of approx. 913 m² and offers an exciting combination of ongoing income from the existing property, high-quality vacant space, and considerable development potential in the attic.

Currently, approx. 203 m² are vacant, with the vacant apartments being in top condition. A further approx. 46 m² are rented for a fixed term, while approx. 664 m² are rented for an unlimited term. In addition, a further approx. 130 m² of the units rented for an unlimited term could presumably become vacant, further increasing the flexibility and optimization potential of the property.

A particular highlight is the potential for attic conversion, with an additional non-binding estimated new-build usable floor area of approx. 603 m². The property therefore offers not only a solid existing basis, but also a clear value lever for developers and long-term investors.

The purchase price is € 1.525.000,-.

Viewings & contact

The property is available by arrangement.

We are happy to provide you with further information and planning documents or to arrange a viewing appointment.

Contact us today to receive further information and arrange a viewing appointment.

Notice pursuant to the Energy Performance Certificate Presentation Act: An energy performance certificate has not yet been submitted by the owner or seller, despite our informing them of the generally applicable obligation to present one and requesting its preparation. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is deemed to have been agreed. We assume no warranty or liability whatsoever for the actual energy efficiency of the property offered.

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

The agent acts as a dual agent.