Graz City Center: 217m² Historic Income Property

Introduction

In the heart of Graz city center, a rare opportunity for long-term investors: Two adjacent, indefinitely rented historic apartments on the 1st floor totaling 217 m² living space. The Gründerzeit building features exceptional room height of 3.42 m, classic substance, and well-maintained condition. The smaller 65 m² unit includes a central hallway, shower, WC, dining room, kitchen with pass-through, living room, and bedroom. The larger 152 m² unit offers five generous rooms with parquet flooring, high double doors, fireplace, modern kitchen, bathtub, separate WC, and balcony to quiet courtyard. Both heated by gas boiler and combinable into one representative floor. Modernized in 2015.

Highlights

• Elevator available
• Fitted kitchen in both units
• Parquet, tiles, and carpet flooring
• Gas heating via gas boiler
• Balcony to quiet courtyard (east-facing)
• Fireplace for classic living character
• Solid construction with high ceilings
• Indefinitely rented for stable yield

Location & Surroundings

The location in Graz city center is central yet quiet on a well-kept residential street. Supermarket, bakery, doctor, pharmacy, school, and kindergarten within less than 250 m. Bus and tram under 250 m, train station under 1 km, city park within walking distance. Courts, law firms, and authorities nearby. University and secondary schools under 750 m. Established infrastructure with high density.

Additional Information

• Purchase price: EUR 500,000 (both units together, discount of EUR 47,000)
• Indefinitely rented, own use currently excluded
• Energy certificate: Heating demand 101.5 kWh/m²a (Class D), FGE 3.03 kg CO₂/m²a (Class E), valid until 2027
• Modernization: 2015