Apartment with development potential near AKH in a quiet location

The property is situated in a quiet residential location in the 17th district and combines a pleasant residential environment with very good connections to Vienna city centre.

The AKH as well as numerous facilities for everyday needs are within easy reach (S45, U6, planned U5).

For sale is a building plot of approx. 295 m² with a small existing demolition building. The existing building has a floor area of approx. 214 m². A demolition confirmation from an architect is already available.

Development potential:

Based on the current development possibilities, this offers an interesting project development opportunity with an estimated residential usable floor area of approx. 730 m².

Front section of the plot:

• GB, Vienna III
• Permissible building depth: approx. 12 m
• Building height: approx. 13 m (plus 4.5m ridge)

Based on today’s assessment, around 5 above-ground levels could be realised as a result.

Rear section of the plot:

• GBGV Vienna I, g, BB
• Building height: approx. 5 m + 4.5 m ridge height

Based on the current assessment, two additional levels appear possible here.

The property therefore offers, in particular for developers and project developers, an interesting opportunity to develop a compact residential project in an established Viennese residential district with good infrastructure and public transport connections that will continue to improve in the long term.

Overview of one-off and ancillary costs:

• Estate agent’s commission: 3% plus 20% VAT
• Land register registration fee: 1.1%
• Real estate transfer tax: 3.5%

The agent acts as a dual agent.

Call us and arrange your personal viewing appointment with Mr Christopher Reischel, MBA, by calling 01 336 8080.