Charming 1-room apartment with kitchen in central location to Eggenberg Palace & FH Joanneum

This approximately 32 m² one-room apartment with a separate kitchen is located in the popular Graz district of Eggenberg, in Georgigasse, on the raised ground floor, in a very good location directly by the Fachhochschule Joanneum and Eggenberg Palace.

It consists of an entrance hall, a large living/sleeping area with a separate kitchen, and a bathroom with WC. The apartment is particularly distinguished by its ideal layout. The courtyard of the building is available for shared use by the residents.

The apartment is currently rented on a fixed-term basis until 30.04.2027 and generates a net rent of approx. € 280.35 p.m. (equivalent to approx. € 3,364.20 p.a.) and generates a return of approx. 3.40%. When re-let, a net rent of approx. € 384,- p.m. (corresponding to approx. € 4,608,- p.a.) and a return of approx. 4.65% can be achieved. This makes the property ideally suited as a secure and high-yield investment.

The operating costs currently amount to net € 67.20 per month. The heating costs currently amount to net € 32,-. The unit is comfortably heated by means of central gas heating.

Short-term rental via Airbnb etc. is expressly permitted in the WEG contract.

In addition, a car garage directly at the property must be purchased for gross € 25,000,-. There are sufficient parking spaces in the Green Zone in front of the property.

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There is an opportunity to purchase several apartments as a package.