32 Hormayrgasse, 1170 Vienna

Hormayrgasse 32, 1170 Wien Austria

Object description

PROPERTY DESCRIPTION:
The property is a Gründerzeit house built in 1906 in Hormayrgasse in Vienna's 17th district. 

The property is divided into a street wing with the following floors: a basement, a mezzanine, three upper floors and an undeveloped attic. Furthermore, there is a vacant courtyard building in the courtyard that has high development potential. The building currently comprises 6 residential units in the street wing and storage space in the courtyard wing. 

The facade is smooth and in good condition. The windows are wooden box-type windows in very good condition. Access to the building is via a double-leaf wooden gate, which serves as an entrance gate. The entrance area has a stone floor, the walls are painted and decorated with stucco. The floor in the staircase is covered with a stylish patterned tile floor. The stairs are spiral stone staircases with cast iron banisters and wooden handrails. 

POTENTIAL:
The development plan of the property provides for a two-storey attic conversion in which 3 flats are to be accommodated. With the restructuring of the existing residential units, an additional 2 residential units can be created. The courtyard wing can be converted into 3 townhouses by the development and thus create luxurious living space. To the right of the existing staircase, a lift is to be built that extends from the courtyard to the first attic level and thus reaches all flats. 

The vacancy rate in the house is 75%.
LOCATION:
The property in question is located in Hormayrgasse. In the vicinity are, among others, the District Museum Hernals, the District Court Hernals, the Lidlpark, the Pezzlpark and the Catholic Church St. Severin. Public transport connections are provided by the "Blumengasse" stop with connections to tram lines 9 and 42. The stop "Elterleinplatz" with stations of the lines 9, 42, 43, 1 and N43 can be reached in 5 minutes on foot. The tram line 43 can reach the Hernals station with connection to the S45 out of town and the underground station "Alser Straße" with connection to the U6 in town within 10 minutes. Vienna's city centre can be reached within 15-20 minutes by tram line 43. The connection to individual traffic is given in particular by the proximity to the Vienna Gürtel. The Südosttangente with connections to the A2, A21 and S1 can be reached within about 30 minutes by car. The A22 can be reached in about 20 minutes and the A1 in about 15 minutes. Vienna's city centre can be reached within 15 minutes via Hernalser Hauptstraße and, as an extension, via Kinderspitalgasse and Alser Straße. The property is well connected to all infrastructural facilities as well as work and shopping opportunities.

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Overview

Nutzfläche
489.36 m2
Fair Value
€2,800,000.00