Raw Attic Extension Vienna 18

In an attractive location in Vienna's 18th district, there is an opportunity to acquire a project property with building permit, attic conversion and significant development potential.

The property is particularly suitable for project developers, builders, or rental-property investors and, due to the high vacancy, offers an excellent starting point for restructuring, renovation, partitioning into owner-occupied apartments, or division into condominiums.

For the attic conversion there is a legally binding building permit. The start of construction has already been set, which keeps the permit valid and the project can be implemented without a new submission.

Project at a glance

• Building permit available
• Attic conversion approved
• Total net living area approx. 280 m²
• Total open spaces approx. 120 m²
• Planned units: 4
• Elevator approved
• No additional parking requirement

Ownership & letting situation

The building is currently not partitioned and is therefore ideal for future partitioning or restructuring.

The property currently shows a very high vacancy. At present only 3 units are rented, one more unit will become vacant during this year.

Therefore, it offers an excellent starting point for:

• Project development and sale of condominiums
• Rental-property investment after renovation
• Partitioning and individual sale
• Renting after renovation
• Serviced apartments / short-term rental
• Long-term hold of the asset

Because of the high vacancy, the existing building permit and the attic conversion the project can be implemented relatively quickly.

Highlights and features:

• Attic conversion approved
• High vacancy
• Very attractive entry price
• Building permit available
• Elevator approved
• Not partitioned
• No parking obligation

Location:

• The property is located in Hildebrandgasse in Vienna's 18th district, Währing, an established and sought-after residential area of Vienna. The surroundings offer excellent infrastructure, very good public transport connections, and a high quality of life. The tram lines toward the city center, several bus lines, and the U6 subway line are reachable within a few minutes.
• Public transport (tram, bus) is available in the immediate vicinity (2-minute walk).

Public transport connections:

• Tram 40, 42
• Bus 13A, 37A, 40A
• U6

Please note that due to the evidentiary obligation toward the owner, we can only process inquiries with complete disclosure of name, address, telephone and e-mail.

Through our partnerships with a partner attorney, a notary and a bank, we provide you with the fastest possible handling and can guarantee efficient processing. We offer you the best all-round support.

We are happy to send you multiple information via e-mail inquiry. For further information, Ms. Danijela Hoffmann can be reached at +4366488514861 or by e-mail at [email protected] at any time.

Information according to legal requirements: Heating energy demand:46.3 kWh/(m²a)Heating energy efficiency class: BOverall energy efficiency factor: 0.69Class of overall energy efficiency: B