Vacant tenement house with different development options in 1180 Vienna

This is a rarity on the Vienna real estate market: a vacant building with existing leases terminated and already equipped with an elevator, in a prime location at a fair price.

Two independent studies were prepared by the architectural firms Nagy und Jehle and Krokus.

The concept of the Nagy und Jehle firm aims to enhance the existing old building both architecturally and functionally and to construct three atelier houses in the courtyard. Projecting balconies and terraces, as well as a planted steel structure in the form of a “green curtain,” are intended to significantly increase the quality of stay and living while sustainably modernizing the appearance of the existing building. It would also be possible to install a garage, a sauna and a refuse room.

The concept of the Krokus firm aims to preserve the existing building (street wing) in its current condition and convert or extend the courtyard wing for commercial living (Airbnb), thereby creating a mixed use of residential/commercial and keeping the investment costs as low as possible.

A combination of the concepts is also possible.

Furthermore, it would be conceivable to convert the entire building into an apartment building/hotel.

The building would also be suitable for the individual sale of the units in their current condition (sales price calculations can gladly be provided upon request).

USABLE FLOOR AREA BREAKDOWN, RENTAL BUILDING:

Ground floor

• Unit GL left – 2 rooms – use: storage – 53,93 m²
• Unit GL right – 3 rooms – use: commercial premises – 61,00 m²

1st upper floor

• Unit 6 – 2 rooms – use: residential – 51,67 m²
• Unit 7–8 – 1 room – use: residential – 36,33 m²
• Unit 9 – 2 rooms – use: residential – 35,77 m²

2nd upper floor

• Unit 10 – 2 rooms – use: residential – 53,78 m²
• Unit 12 – 1 room – use: residential – 37,64 m²
• Unit 14 – 2 rooms – use: residential – 37,91 m²

3rd upper floor

• Unit 16 – 2 rooms – use: residential – 54,51 m²
• Unit 18 – 1 room – use: residential – 37,46 m²
• Unit 20 – 2 rooms – use: residential – 37,86 m²

Attic floor

• Unit 22 – 2 rooms – use: residential – 47,01 m²
• Unit 23 – 2 rooms – use: residential – 42,50 m²
• Unit 24 – 2 rooms – use: residential – 49,37 m²
• Unit 25 – 2 rooms – use: residential – 44,71 m²

Courtyard building

• Use: storage/workshop – 166,60 m²

Total: 15 units – approx. 848,05 m² usable floor area.

TOTAL AREA BREAKDOWN:

• Existing area: 848,05 m²
• of which residential area: 566,52 m² divided into 13 residential units
• of which commercial premises: 61 m²
• of which storage areas: 53,93m²
• of which courtyard building approx. 166,6 m² (plus approx. 100m² open building)

According to the Konsesplan, there is an open workshop in the left wing of the courtyard wing with approx. 100 m². Thus, the courtyard wing contains approx. 166,6m² + approx. 100m² which, as shown in the consensus plans, formerly served as a workshop. Furthermore, the undeveloped area of the courtyard wing measures approx. 150m², which can be planted depending on the planning.

Commission 3% of the purchase price plus 20% VAT.

We point out that there is a family or economic relationship between the broker and the third party to be brokered.

The broker acts as a dual broker.

We point out that there is a family or economic relationship between the broker and the third party to be brokered.

The broker acts as a dual broker.