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08 April 2021

Christie & Co sells hostel with significant development potential

The hostel in Vienna's 15th district was purchased by a local developer.

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The property is located in Vienna's 15th district directly next to the Westbahnhof railway station and Vienna's largest shopping street. Although the 15th district is officially considered an outer district, various culturally diverse gastronomic offers can be found.  It also benefits from good transport connections to the city centre by underground and tram.
A total of 67 hostel rooms and two commercial spaces were for sale. An expansion of the hostel, but also a conversion are possibilities for the new owner.