Development study for new build with apartment and underground parking

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

Property data:

• Plot with 368 m² in an up-and-coming residential area.
• Zoning W I g.
• Three existing 3 residential units with with 46 m² each and ongoing current rent.
• Currently, 2 apartments are rented, the annual rental income amounts to 14.055 €. An increase of approx 7.000 € annually is possible when renting the 3rd unit.
• Developed building study for a new construction with 7 residential units and approx. 600 m² of usable residential space.
• 5 underground garage parking spaces for motor vehicles.

The property is located in a quiet residential area. The building study at hand provides for the construction of a multi-unit residential building with seven three-room apartments (ground floor + 1st floor + 2nd floor + attic) and an underground garage with five parking spaces.

According to the study, the usable residential space amounts to approx. 600 m², supplemented by generous open spaces with a private garden, balconies and terraces.

Detailed project documents, the building study and the land register extract will be provided to qualified prospective buyers upon request.

We point out that a family or economic relationship exists between the broker and the third party to be brokered. The information is based on information from the owners and/or third parties and is therefore without guarantee.

We point out your 14-day right of withdrawal (pursuant to § 11 FAGG ).

In order to safeguard your rights, only inquiries with complete contact details (name, address, telephone, email) can be answered.

Before the expiry of the 14-day withdrawal period, we will be happy to act on your behalf if you expressly instruct us to do so in accordance with the law (FAGG), most easily by email.

If the purchase contract is not concluded, our services will remain completely free of charge for you.

We inform you that we act as a dual broker for this property. (§ 5 para. 3 MaklerG)

The claim to commission arises upon the legal effectiveness of the brokered transaction (signature of the purchase/rental offer)

There is no entitlement to an advance payment § 7(1). The claim to commission and the claim for reimbursement of additional expenses become due upon their arising (§ 10)

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

We point out that a family or economic relationship exists between the broker and the third party to be brokered.