Development opportunity with approved rooftop extension Anlegerwohnung

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Property developer

Please read on:

We offer the property in 3 purchase variants. Let us go the way together.

As part of our further internal coordination, following an in-depth examination and taking into account the current existing and development situation, we are pleased to present several possible acquisition and structuring variants for the subject corner period building.

Property overview:

The property offered is an attractive corner period building with considerable development potential in the attic area. In one of the most desirable districts of Vienna.

Plot area: approx. 450 m²
Weighted total usable area: approx. 1,400 m²

It should be particularly emphasized that the property is owned by a separate company GmbH).

As part of a transaction, there is therefore the possibility of a share deal through the acquisition of the company, which may offer structural and tax advantages under certain circumstances.

Notes on the current existing situation (rent list):

With regard to the tenancy agreements, the following current circumstances apply:

Details on this following a free non-binding enquiry….

Development potential / building permit:

An approved building permit is already available for the property. This allows an additional two floors to be added, whereby around three high-quality penthouse apartments with an additional total residential usable area of approx. 1,200 m² can be realized.

This represents considerable potential for an increase in value and development.

Details on this following a free non-binding enquiry….

Variant 1.

Purchase price for the entire property:

The purchase price for the entire property is EUR 5.200.000,- including the legally binding building permit.

Variant 2.

Alternative acquisition proposal from our side:

As an alternative structure, we propose the partial purchase of individual units, as follows:

• Top 1: EUR 320.000,- including garden share, in its current unrenovated condition. The required interior fit-out is taken into account as an economic discount in favor of the buyer. Including the associated cellar compartment.
• Top 8: EUR 546.000,- also in its current condition without interior renovation, including cellar compartment.

In addition, the buyer has the option of selling us one of the following units in return:

• Top 5: EUR 472.000,-
• Top 6: EUR 745.000,-

Both units are in renovated condition and are each offered including a cellar compartment.

Variant 3.

Further alternative:

Alternatively, it is possible to acquire the entire property at a purchase price of EUR 3.800.000,- on the condition that the raw attic floor is not part of the transaction.

Have we aroused your interest?

Other alternative variants can be discussed.

This property is subject to a commission of 3% plus VAT.

Yours sincerely

AVI Immobilien
Managing Director
Thomas Pichler
0043 660 86 84 866
[email protected]
www.avi-ag.at