Baubewilligter Betriebsbaugrund mit ca. 4.450 m² NFL – U-Bahn-Nähe

Property data

• Plot size: ca. 1295 m²

• Non-binding estimated new-build usable area according to study: ca. 4.453,44 m²

• Parking spaces: 33 underground car parking spaces

• Purchase price: EUR 2.700.000,-

Object description

For sale is a build-permitted operating development plot with an achievable usable area of ca. 4.453,44 m².

The currently undeveloped property offers excellent development potential and is particularly suited for realizing a modern office building, a self-storage concept, or a combined commercial use.

Thanks to the attractive location as well as the excellent infrastructural connectivity, the site offers ideal conditions for a sustainable commercial development with long-term value appreciation potential.

The property is currently leased until 31.12.2026 to a car dealership company.

Zoning

• GBBG II g
• Mixed development area / commercial area
• 12 meter height restriction for closed construction

Economics & yield potential

Based on average construction costs of ca. EUR 2.600/m² as well as land costs of around EUR 600 per usable area plus about 10 % acquisition costs, the calculated total investment costs amount to around EUR 3.520/m², i.e. around EUR 15.7 million in total.

With a conservatively assumed average rent of EUR 16.50/m², an annual rent income of around EUR 880,000 can be achieved. This results in an attractive projected yield of about 5.6 %.

Location

The property convinces with its excellent transport links and is located directly next to the Badner Bahn (Neu Erlaa station). The Vienna city center is reachable from there in about 35 minutes.

Additionally, the U6 station “Erlaaer Straße” is within walking distance and is about 7 minutes on foot (approximately 750 m) away.

The excellent connection to public transport makes the location particularly attractive for both employees and customers and underscores the sustainable site quality of the property.

Please note:

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