INVESTMENT PROPERTY WITH DEVELOPMENT POTENTIAL
An attractive income-generating property, currently used as an adult entertainment venue, is available for sale with a potential return of approx. 8%. Conversion for short-term rentals (e.g., serviced apartments) is also possible, subject to regulatory approval. Furthermore, the property offers significant development potential as a builder's project. The building, constructed in 2010, is well-maintained.
The building has a ground floor and an upper floor with a functional layout. The rooms are appropriately equipped and feature modern sanitary facilities. The property is fully monitored by video surveillance and meets the requirements of a professional operation.
The construction includes insulated exterior walls, double-glazed plastic windows, aluminum entrance doors with insulating glass, and a flat roof. The entrance area is covered and barrier-free accessible. An intercom system at the reception ensures discreet and controlled access.
Usage Options
The property offers versatile usage prospects:
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Continued operation as an adult entertainment venue with an attractive return of approx. 8%
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Conversion into an apartment house or short-term rental (e.g., Airbnb), subject to regulatory approval
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Use as an office or commercial space (e.g., services, office, trade)
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Demolition and new construction of a commercial project within a development plan. Non-binding project studies are already available and consider both the currently permitted construction class II and possible expansion to construction class III.
Highlights
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Immediate income possible with continued operation
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Attractive return of approx. 8%
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Very good location and transportation connections
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Developer's property with development potential
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Flexible usage or new construction possible
I am happy to assist you with any further questions at any time!
Mr. Iles Hakimov
+436765103357
ih@crownconsulting.at
Only inquiries with full name, a telephone number, and an email address can be processed from our side. The information provided by us is based on details from the seller. We cannot guarantee the accuracy and completeness of the information. Subject to change!
Note according to energy certificate draft law: An energy performance certificate has not yet been submitted by the seller or owner, after being informed of the obligation to provide one. Therefore, the energy performance of a building of similar construction type and age is considered. We assume no responsibility or liability for the actual energy efficiency of the property offered.
Please note that there is a close familial or economic relationship between the broker and the client.
The agent acts as a double broker.
The property is located on the outskirts of Vienna with excellent transport connections. Proximity to the Baden–Vienna local railway, several bus lines, as well as the A2, A21, and S1 motorways ensures optimal accessibility.
