+ Premium Projektentwicklung Beim Wiener Hauptbahnhof + Zinshaus Mit Rund 90 Prozent Leerstand, Baub

Exclusive Project Development in a Prime Location Near Vienna Central Station

In an excellent location in Vienna’s 10th district, just a few minutes’ walk from Vienna Central Station, the exceptional rental property at Scheugasse 4 is now for sale, offering enormous development potential.

The property currently has a residential area of approximately 680 m² and already shows a vacancy rate of around 90 percent. This allows renovation and development measures to be implemented promptly, providing the future owner with maximum flexibility.

The existing apartments are in good and well-maintained condition and can be rented out immediately or sold individually as part of a condominium establishment without extensive investment. This creates attractive short-term utilization opportunities.

A special highlight is the already legally approved expansion through an attic conversion and an extension, adding approximately 644 m² of usable space. This results in a future total usable area of about 1,324 m², offering exceptional development potential in one of Vienna’s most dynamic residential areas.

Highlights

• Approximately 90 percent vacancy
• Existing residential area of about 680 m²
• Apartments in good and well-maintained condition
• Immediately rentable or individually marketable
• Attic conversion already approved
• Extension already approved
• Additional approved usable area of around 644 m²
• Future total usable area of approximately 1,324 m²
• Development project ready for immediate implementation
• Excellent conditions for high-quality revitalization
• Ideal basis for condominium establishment and individual sales
• Prime location in close proximity to Vienna Central Station
• Sale at a fixed price

Development Potential

The combination of an exceptionally high vacancy rate, an existing building permit, and an excellent micro-location makes this property a rare investment opportunity.

The existing building structure is in good condition and allows for a flexible project strategy. The current apartments can be rented out immediately or sold individually, while the approved attic conversion and extension can be carried out simultaneously. This enables an optimal combination of ongoing income and sustainable value appreciation.

The project is suitable for both developers and investors seeking an approved development with immediate utilization potential in a highly sought-after residential area of Vienna.

Location

Scheugasse is located in one of Vienna’s most sought-after development areas, just minutes from Vienna Central Station. The surroundings feature excellent infrastructure, outstanding public transport connections, and a high quality of living.

Numerous shopping options, restaurants, educational institutions, medical services, and leisure facilities are in the immediate vicinity. The proximity to the central station and Favoritenstraße makes the location particularly attractive for both owner-occupiers and tenants, ensuring sustainably high demand.

Area Overview

Existing residential area: approx. 680 m²
Approved attic conversion and extension: approx. 644 m²
Future total usable area: approx. 1,324 m²

Purchase Price

Due to a discount already granted by the financing bank, the listed purchase price is a fixed price.

For questions and to arrange a viewing appointment, we are always happy to assist you!

Best regards,

Philipp Grabner