Residential development project in prime location – developer plot with around 1,500 m² of residential usable area

The subject property is presented as an attractive corner lot in an excellent visible location at Triester Straße 328 and Atzlergasse 1 in the 23rd district of Vienna. Thanks to its prominent corner position, good infrastructure and versatile development opportunities, the property offers ideal conditions for a future-oriented residential construction project.

Along Triester Straße there is an existing street-facing building (corner house). In the rear area of the plot there is another existing building with a total of four residential units, one of which is currently occupied by the owner. The middle area of the plot is designed as open space and is currently used as garden or cultivation area.

According to the decision of the municipal department, there is no preservation in the public interest. Due to the structural condition and from an economic point of view, a complete redevelopment of the property is recommended.

According to the applicable land-use and development plan of the City of Vienna, the property is designated as Bauklasse I. Additionally, a development density of up to around 70 % of the plot area can be realized.

Based on the current designation, a buildable area of approximately 735 m² results. The maximum permissible building height is around 9 meters, which allows, depending on the planning, either development with ground floor, upper floor and attic floor or alternatively with two full storeys and attic floor.

With optimal utilization of the building law possibilities, a total residential usable area of around 1.500 m² can be achieved and corresponds to ca. 1.300€/m². Depending on the chosen apartment mix and the layout design, it is expected that 18 to 25 modern residential units can be realized.

This plot combines an excellent location with attractive legal building conditions and offers builders and project developers the rare opportunity to realize a sustainable residential project with high value-creation potential in a sought-after Vienna residential area.

Note: The illustrations are partly non-binding visualization examples (renderings) that serve as architectural inspiration for a possible redevelopment; no liability is assumed for actual feasibility. All information on achievable usable area and development possibilities is based on non-binding preliminary checks and estimates. The final building law approval is the responsibility of the competent building authority within the framework of the buyer's submission procedure.