Building plot with development study File not intended to be included? No, just translation.

For sale is a plot in the 23rd district with an existing residential building, ongoing rental income and a developed development study for a new construction project with seven residential units and an underground garage.

Property details:

• Plot of 368 m² in an up-and-coming residential area.
• Designation W I g.
• Three existing 3-room units of 46 m² each with ongoing tenancy.
• Currently 2 apartments are rented; the annual rental income amounts to 14.055 €. An increase in rent when leasing the 3rd unit is possible of about 7.000 € per year.
• Developed development study for a new build with seven residential units and approx. 600 m² usable living area.
• 5 car underground garage parking spaces.

The property is located in a quiet residential area. The present development study envisions the construction of a multi-family building with seven three-bedroom apartments (EG + 1. OG + 2. OG + DG) and an underground garage with five parking spaces.

The living area in the study is about 600 m², complemented by generous open spaces with a private garden, balconies and terraces.

Detailed project documents, development study and land register excerpt will be provided to qualified interested parties on request.

We would like to point out that there is a familial or economic close relationship between the broker and the third party to be mediated. The information is based on information from the owners and/or third parties and is therefore without warranty.

We would like to point out your 14-day withdrawal period (in accordance with § 11 FAGG). To protect your rights, only inquiries with complete contact details (name, address, telephone, email) can be answered. If the purchase agreement does not come about, our services are completely free for you.

We inform you that we perform a dual brokerage activity for this property. (§ 5 Abs. 3 MaklerG) The entitlement to the commission arises upon the legal effectiveness of the mediated transaction (signature of purchase/rental offer). There is no entitlement to an advance payment § 7(1). The commission claim and the claim for reimbursement of additional expenses become due upon your accrual (§ 10).

Due to the new General Data Protection Regulation we can only process written inquiries!!

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