Property with potential for building a detached apartment building

The property, which is available for sale, has an area of approx. 1,537 sqm, is undeveloped and is located at the end of a small residential street in a quiet and sought-after residential area, not far from public parks. On the neighboring properties, there are three identical buildings with cellars, each with approx. 1,178 sqm of rentable living space and 18 to 21 residential units. According to a building permit that expired in 2023 and a binding development plan, the construction of a fourth, identical property was planned. The development of a detached multi-family house with a basement, four full storeys and a penthouse floor would have allowed a gross floor area of approx. 1,490 sqm to be realized. A right of way was already provided for in the preliminary building permit. The property is located in neither a protected nor a redevelopment area, and according to current information there are no contaminated sites. O10435