Newly renovated and rented investment apartment in Eggenberg – 3 rooms with balcony for 11,100 € annual rent

Renovated investment apartment with balcony & conservatory, rented on a fixed term until 2031!

Property address: Gaswerkstraße 48, Top 08, 8020 Graz

This large 3-room apartment in Eggenberg has been comprehensively renovated and is rented for 5 years from 01.12.2026. You are acquiring an investment apartment with ongoing rental income, no current vacancy risk and no current need for renovation. The purchaser assumes the existing tenancy agreement.

Investment key figures

• Purchase price: €249,000 (approx. €3,230/m²)
• Total rent: €925.00 per month (excluding operating costs)
• Annual rent: €11,100.00
• Gross rental yield: approx. 4.46% (annual rent in relation to the purchase price, before purchase costs)
• Lease start: 01.12.2026
• Lease term: fixed term of 5 years (until 30.11.2031)
• Living area: approx. 77.11 m² according to NWG plus balcony/conservatory (just under 4 m² combined)
• Condition: comprehensively renovated, electrical wiring and sanitary facilities renewed, new fitted kitchen

Rental income

Operating costs are added to the total rent of €925.00 per month; as pass-through costs, they are not included in the yield calculation.

The seller rents out the property as a company charging VAT. The tenancy agreement contains a clause for a sale to a landlord who is not liable for VAT or has not opted to charge VAT (e.g. private investors qualifying as small businesses under § 6 Abs 1 Z 27 UStG). In this case, VAT is included in the total rent, and the landlord retains the full €925.00. The tax assessment is the responsibility of the purchaser.

Property details

The apartment is on the 3rd floor (no lift) and has a functional layout. This makes it easier to re-let:

• Layout: three separately accessible rooms, which can flexibly be used as bedrooms, children’s rooms, a study or a living room
• Kitchen: separate cooking area with a modern fitted kitchen
• Bathroom: level-access walk-in shower, underfloor heating
• Features: parquet flooring, recessed LED spotlights, renewed electrical wiring and sanitary facilities
• Outdoor areas: courtyard-facing balcony (west) and street-facing conservatory (east)
• Cellar: associated cellar compartment

Note on visual presentation: Some living-space examples in this exposé were created using AI. They are intended as visual inspiration and are marked in the respective photos as “AI-generated living-space example”.

The residential building: ongoing upgrades

The building has been undergoing gradual modernization since 2025, supporting its long-term value:

• Systems: building systems already updated
• Stairwell: currently being renovated (at the seller’s expense)
• Facade: currently being renovated (at the seller’s expense)
• Inner courtyard: well-maintained, landscaped courtyard for all residents

Location: Eggenberg

Gaswerkstraße combines urban infrastructure with a high quality of living. This points to stable demand and low rental risks:

• Education & leisure: FH Joanneum, Auster Sport & Wellnessbad and Eggenberg Palace in the immediate vicinity
• Mobility: tram and bus within walking distance
• Local amenities: supermarkets, restaurants and everyday shops a short distance away

Conclusion

A renovated, rented 3-room apartment in a sought-after district of Graz: annual rent of €11,100 at a purchase price of €249,000, five years of rental security and an increase in property value through the ongoing modernization of the building. Suitable for investors seeking a turnkey investment apartment without any personal effort.

I would be happy to send you further documents upon request.

Commission: 3% of the purchase price plus 20% VAT pursuant to §17 MaklerG
Disclosure of a close relationship pursuant to §6 MaklerG

Disclaimer: All information in the exposé has been prepared to the best of our knowledge and belief. However, no guarantee can be given as to its accuracy, completeness or currency. Subject to changes, errors and typos.

We wish to point out that a familial or business relationship exists between the agent and the third party to be brokered.

The agent is acting as a dual agent.