Apartment building with building permit in a central location

In a central location, a building-permitted tenement house is for sale.

The last tenant is willing to move out, and discussions about this are currently ongoing.

The tenement house, built in 1903, is divided into a basement, a ground floor and three upper floors, as well as a building-permitted attic and a building-permitted outbuilding.

The reconstruction after bombing damage in World War II (building permit decision of 28.04.1949) allows letting at a reasonable rent (see §16 Abs. 1 Z 2 MRG).

The current built-up area (approx. 627 m²) consists of:

• 1 commercial premises with 120 m²
• 11 apartments with a total of 398 m² usable living space
• as well as 1 garage/storage (current area approx. 109 m²)

According to the building permit, the development potential amounts to around 559 m² of usable living space plus open spaces.

After expansion, the total area is about 1,077 m² plus open spaces.

If interested, we would be happy to send you the building permit decision as well as the approved plans.

Due to the zoning designation, short-term apartment rental is also possible.

The broker's commission is 3% of the purchase price plus 20% VAT.

For further questions, Mr. GEYIK is available at +43 1 810 10 21 - 12.

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

The broker acts as a dual agent.