$2,892,759

Attraktives Investment In 1220 Wien + Ertragsstarkes Zinshaus Mit Entwicklungspotenzial, Angrenzende

  • 10,172 Sqft
  • 7,923 Sqft lot
  • Updated: August 4
  • 3
    Views for last 30 days

About the Property

Sustainable Returns Meet Exceptional Development Potential

In a prime location at Gemeindeaugasse 16 in Vienna’s 22nd district, a well-maintained rental building with an adjacent plot of land is for sale.



The property combines stable rental income with significant development potential, making it a rare opportunity for investors and project developers.



Sustainable Returns Meet Exceptional Development Potential

In a prime location at Gemeindeaugasse 16 in Vienna’s 22nd district, a well-maintained rental building with an adjacent plot of land is for sale.



The property combines stable rental income with significant development potential, making it a rare opportunity for investors and project developers.



The rental building is currently 100% leased. Approximately 85% of the leases are fixed-term, with only about 15% being indefinite. This provides both ongoing cash flow and attractive prospects for future development.



A special highlight is the adjacent plot of land already included in the purchase price, where a new building with an additional usable area of around 900 m² can be constructed. This offers the opportunity to optimally combine existing income with long-term project development.



Highlights


  • Rental building in well-maintained overall condition

  • Apartments and common areas are continuously maintained

  • 100% leased

  • Approximately 85% fixed-term leases

  • Only about 15% indefinite leases

  • Ongoing rental income from day one

  • Adjacent plot included in the purchase price

  • New building potential of around 900 m² additional usable area

  • Attractive combination of existing income and project development

  • Excellent infrastructure and good transport connections



Development Potential

This property offers investors an ideal balance between immediate returns and long-term value appreciation.



While the existing rental building generates ongoing income, the adjacent plot allows for a modern new construction project with an additional usable area of around 1,000 m². The high proportion of fixed-term leases also provides long-term flexibility for possible further development of the entire project.



Thus, the property is suitable both as a sustainable investment with stable cash flow and as a strategic development reserve in a sought-after residential area of Vienna.



Location

Gemeindeaugasse in Vienna’s 22nd district is characterized by excellent infrastructure and outstanding public transport connections. Shopping facilities, schools, kindergartens, medical services, and numerous leisure options are all nearby. The steadily increasing demand for housing in this district makes the location especially attractive for long-term real estate investments.



Purchase Price

Due to a discount already granted by the financing bank, the stated 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



+43 [hidden information]


Note according to the Energy Performance Certificate Act: An energy certificate has not yet been provided by the owner or seller, despite our clarification of the general obligation to present one and the request for its preparation. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is assumed. We accept no warranty or liability for the actual energy efficiency of the offered property.

  • Property type

    House

  • Year built

    1899

  • Price/sqft

    $284

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Vienna, Wien, Austria View on Google Maps
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Grabner Immobilien GmbH

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Grabner Immobilien GmbH
Austria
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13
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2025
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Grabner Immobilien GmbH
Oberpullendorf, Austria
View agency profile
Last updated
August 4
First listed
Jul 29
Listing reference
8319
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