Courtyard Unit w/ Potential, 136m², Vienna 3

Hoftrakt with development potential – existing property with building permit for office & living

For sale is a versatile property in the courtyard of a well-maintained historic building in the 3rd district of Vienna. The quiet courtyard tract offers a rare combination of existing rental income and attractive development potential through already approved conversion and expansion plans.

Location & infrastructure:

The property is in a central location near Schlachthausgasse with excellent connections to the public transport network (U3, bus, tram) as well as excellent local amenities. Despite the urban surroundings, the courtyard tract is pleasantly quiet in the interior of the building and thus offers a special quality of stay.

The building itself is a recently renovated historic building with attractive, new façade design.

Property description – Courtyard tract

The courtyard tract currently has a usable floor area of approx. 135.99 m² and is rented on an unlimited term. The current tenant uses the space as an atelier or workshop room.

A parking space in the courtyard is assigned to the property and included in the purchase.

Rent & purchase details:

• Rented on an unlimited term since: 01.03.2014
• Monthly rent: EUR 539,86
• Purchase price: EUR 450.000,-
• Return: ca. 1,44 %

Development potential (building permit available):

A building permit for an attractive redesign already exists for the property (plans are saved under the photos). The plan is a combination of office space on the ground floor and a high-quality living unit in the attic:

Ground floor (office spaces):

• Office unit 1: approx. 41 m²
• Office unit 2: approx. 95 m²
• Two separate entrances – ideal for flexible use or rental

Attic (living):

• approx. 106 m² living space
• 3 rooms
• Two roof terraces with attractive outdoor space

This approved plan opens up a variety of possibilities – from owner-occupation to renting out, to a combination of work and living.

Highlights at a glance:

• Quietly located courtyard tract in a central location
• Rented on an unlimited term since 2014
• Includes parking space in the inner courtyard
• Building permit for extension and upward expansion already available
• Planned combination of office and living
• Attractive development potential

Conclusion:

A rare opportunity for investors or owner-occupiers with a vision: existing rental income combined with approved expansion potential in a sought-after Vienna location. Ideal for anyone looking to create long-term value.

Location:

The location of the shop is ideal, as it is in close proximity to the subway, providing you with fast and straightforward access to the public transport network. Buses, trams and the train station are also reachable within a few minutes. For drivers, the property is well connected as the highway access is nearby.

Public transport

• Bus lines: 77A, 80A, N71
• Underground line: U3 Schlachthausgasse & Kardinal-Nagl-Platz
• Tram lines: 18 and 71

Nebenkosten:

Land register entry: 1,1% of the purchase price.

Real estate transfer tax: 3,5% of the purchase price.

Brokerage: 3% of the purchase price + 20% VAT.

Purchase contract fee: 1,2% of the purchase price plus incidental expenses and VAT. | The preparation and execution of the purchase contract is carried out by the law firm Tiefenthaler Gnesda Rechtsanwälte GmbH.

For serious interest we of course gladly provide further documents, including for example:

• Land register excerpt
• Condominium agreement
• Use-value appraisals
• Minutes of owners’ meetings (if available) and more

Our all-round service for you:

If you decide on this property, we will competently guide you through the entire purchase process – from the offer to coordinate individual wishes and sign the contract to the handover of the property. We also assist with organizational steps such as re-registering electricity, gas or district heating. Of course, we will provide all necessary forms and documents.

In addition, we are happy to help you finance your desired property and work with our experienced financing partners to develop optimal solutions at attractive conditions.

Would you like to sell your property?

Then you are in good hands with us! We offer you a non-binding and free initial consultation including a solid valuation of your property and a transparent presentation of all relevant factors.

Brokerage agreement:

We ask for your understanding that, due to new legal regulations, we can only send documents for inquiries about the property address or viewing appointment after you confirm in advance that you want us to act immediately and that you have been informed about your withdrawal rights. After your written inquiry with full name, address and telephone number, you will receive an email in which you must confirm these points.

Disclaimer:

We point out that all data in the present offer and the information provided to you by our office were supplied by the property owner. Likewise, information from third parties (e.g. official information) has been obtained; we cannot assume liability for their accuracy.

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

The broker acts as a dual agent.

Infrastructure / Distances

Health

• Doctor <500m
• Pharmacy <500m
• Clinic <500m
• Hospital <1.000m

Kids & Schools

• School <500m
• Kindergarten <500m
• University <1.000m
• Higher education <1.000m

Local amenities

• Supermarket <500m
• Bakery <500m
• Shopping center <1.000m

Other

• ATM <500m
• Bank <500m
• Post office <500m
• Police station <500m

Traffic

• Bus <500m
• U-Bahn <500m
• Tram <500m
• Train station <500m
• Highway access <500m

Distances are in a straight line / Source: OpenStreetMap