Description
Property Description
An attractive residential investment property is offered for sale in a prime inner-city location within Vienna”s 4th district. Situated on the prominent Wiedner Hauptstraße, the property benefits from excellent infrastructure, outstanding public transport connections, and significant development potential.
The building currently comprises approximately 1,460 m² of existing gross floor area and will be transferred completely vacant. A key feature of the property is the already approved concept for tourist accommodation with an apartment-based layout. In addition, further expansion potential exists within the attic conversion area and the courtyard section.
The property is ideally suited for project developers, investors, and operators in the serviced apartment and hospitality sectors.
Key Facts
Property Type: Residential Investment Property
Address: Wiedner Hauptstraße 54, 1040 Vienna, Austria
Plot Size: approx. 599 m²
Existing Gross Floor Area: approx. 1,460 m²
Additional Development Potential: approx. 240 m²
Purchase Price: €12,000,000
Occupancy Status: Fully Vacant
Transaction Structure: Asset Deal
Status: Building Permit Granted
Highlights
Prime location in Vienna”s 4th district
U1 underground line and tram lines 1 and 62 within immediate proximity
Approximately 10 minutes to Vienna city centre
100% vacant possession / immediate availability
Approved tourist accommodation concept
Additional development potential in the attic and courtyard areas
Attractive investment opportunity with significant upside potential
Project & Area Overview
Approved Development Concept
29 approved apartments
42 apartments after reconfiguration
Apartment area: approx. 1,316 m²
Commercial area: approx. 144 m²
Outdoor areas: approx. 55 m²
Additional Development Potential (Not Yet Submitted)
Additional gross floor area: approx. 240 m²
Attic extension: approx. 76 m²
Standard floors: approx. 167 m²
Outdoor areas: approx. 209 m²
Location
Wiedner Hauptstraße is one of Vienna”s established inner-city thoroughfares, combining urban living with excellent infrastructure. Numerous retail outlets, restaurants, educational institutions, and cultural facilities are located within walking distance.
The proximity to the U1 underground line and several tram routes ensures excellent connectivity to Vienna”s city centre and the Central Railway Station (Hauptbahnhof). The location is ideally suited for both residential and hospitality-related developments.
Disclaimer
All information provided is based on information supplied by the owner and the available documentation and is therefore subject to change without notice. No warranty or guarantee is assumed regarding the accuracy or completeness of the information. This brochure does not constitute a legally binding offer.
Price Listing
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- Commission: 3% of purchase price plus 20% VAT