SCHWINDGASSE 5

VIENNA, AUSTRIA
Historic Mansion with Potential for Repositioning

The property at Schwindgasse 5 in Vienna’s 4th district is part of a historic mansion dating from 1873. Urbanek Real Estate holds a majority stake in the property, which offers approximately 2,500 sqm of usable space distributed across eight residential and office units.

Strategy

Renovation and repositioning of the existing units, followed by individual sale.

The palace is located in the Embassy District, in the immediate vicinity of St. Charles’ Church (Karlskirche), Schwarzenbergplatz, and Belvedere Palace. The historic architecture of the New Viennese Renaissance, the stately facade, and the magnificent vestibule lend the property its distinctive character. One of the units spans four levels as a “house-within-a-house” concept. The penthouse apartments feature spacious rooftop terraces and offer a spectacular view of the Viennese skyline, with St. Charles Church (Karlskirche) and St. Stephen’s Cathedral (Stephansdom) in plain sight.

Address

1040 Vienna, Austria

Construction year

1873

Property use

Residential | Office | Storage

Units

8 residential and office units

Lot area

Approx. 1,219 m²

Usable floor area

Approx. 2,500 m²

Development

The property is currently in the project development phase. The existing spaces are to be comprehensively modernized and upgraded for contemporary use. As part of the ongoing development, plans also call for an optimized division of individual units.

PROJECT STATUS

Project development | In progress

Special features

“House-within-a-house” unit spanning 4 levels | Attic apartments with rooftop terraces overlooking St. Charles Church (Karlskirche) and St. Stephen’s Cathedral (Stephansdom)

Location

Schwindgasse 5,

1040 Vienna, Austria