Zinshaus in gefragter Lage des 18. Bezirks - hoher Leerstand & ausbaufähiger Rohdachboden

Property description

On a property of approximately 514 m² there is a fully basemented existing building with a versatile use structure and significant income and development potential. The property offers an attractive combination of commercial and residential use in a sustainably in-demand location in the 18th district of Vienna.

Demolition is not an option for the municipality - the house is in need of renovation and, with a bit of skill, can shine from a rough diamond to a polished jewel. In addition, it is quite realistic to increase the rental income from leasing the ground floor.

Building structure & use

• Fully basemented with about 200 m²
• Currently used by the car workshop as storage

Ground floor – Commercial

• Use of the entire ground floor area as a workshop

1st Floor – 3 Apartments

• Total area about 140 m² - additionally 100 m2 of storage space above the workshop available
• All units vacant, immediate usability or rental opportunity

2nd Floor – 3 Apartments

• 1 apartment with vacancy of about 55 m²
• 2 combined apartments: about 90 m² currently rented, will be vacant by June 2026

Attic – Living space

• 1 room, about 70 m² currently used as storage
• There is the possibility to convert the raw attic space to about 274 m² of living space - a study for the attic conversion already exists.

Overview of areas:

• Cellar: 200 m2
• Ground floor: 350 m2 + open space of about 150 m2
• 1st floor: 140 m2 + 100 m2
• 2nd floor: 140 m2
• Attic: 70 m2 existing - expansion possibility to about 275 m2 total.

The building has not been surveyed yet - the old plans are attached to the brochure!

An energy certificate has been requested and can be provided once available.

Investment highlights

• High vacancy rate enables rapid optimization of rental income
• Upside potential in the commercial sector
• Development and expansion of the raw attic
• Attractive mix of residential and commercial space
• Sustainable demand and value appreciation in 1180 Vienna

Do not hesitate - if you are interested, I would be happy to arrange a viewing appointment with you.

For further questions, I am at your disposal.

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

The broker acts as a dual agent.