Apartment central Leoben needs renovation

For sale is a renovation‑needs apartment on the 1st floor of a charming city villa at Badgasse 11. The net living area is approximately 72,0 m² and is distributed across a large living kitchen, two bedrooms and utility rooms. High ceiling heights of about 3,1 m to 3,2 m emphasize the typical old-building character and offer great potential for an appealing renovation. The apartment is in a condition that is easy but clearly in need of modernization, making it ideal for buyers who want to design their new home according to their own ideas or who want to use the renovated property as an investment after renovation. Due to its location on the 1st floor, the unit is easily accessible while offering a comfortable distance from the street.

The apartment Top 2 has the following room layout and areas:

• A spacious kitchen with living area with approx. 23,6 m², which lends itself ideally as a central living and communication space.
• A large bedroom with approx. 19,8 m², which can serve as a master bedroom with ample space for wardrobes and storage.
• A further bedroom with approx. 12,8 m², ideal as a child’s room, guest room or home office.
• A bathroom with approx. 3,9 m².
• A separate WC with approx. 1,1 m².
• Two hallways/anterooms with a combined approx. 5,9 m², which ensure access to the rooms.
• A practical storage room with approx. 5,1 m², providing additional storage space within the apartment.

In total, the net living area amounts to approx. 72,0 m². The layout is functional and allows for various usage concepts, for example as a generous 3-room apartment with a large living area and two separately accessible bedrooms. On the property there is also a carport and a courtyard building which are currently unused. In the basement there is a assigned cellar compartment.

The apartment shows the typical character of an older stock object and is renovation‑needed. The extent and type of modernization depend on the buyer’s preferences, but can be expected to include adaptations in the following areas:

• Renovation of surfaces such as floors, wall and ceiling surfaces.
• Modernization of sanitary areas (bath and WC).
• Adaptation of the electrical installation to current standards.
• Depending on the existing stock and technical state, possible renewal of the heating system or adaptation to individual needs.

Concrete information on the existing heating system, the energy certificate and the detailed technical condition are not yet available and must be clarified by the buyer during the visit and further checks. The high room heights allow various design possibilities, such as the installation of ceiling spotlights, stucco elements or suspended ceilings with modern lighting.

Legally, the property is not condominium ownership, but rather simple co‑ownership with a usage regulation. The object holds a majority ownership position of 5/8 in the overall property.

• According to the usage regulation, the apartment on the 1st floor (Top 2) is intended exclusively for use by the buyer. This clarifies actual use, even though there is no condominium ownership in the land registry sense.
• With the purchase of the majority stake, the rental income from Top 1 (ground-floor apartment) amounting to 5/8 is attributable.
• The leased Top 1 apartment has been rented on an unlimited basis since 1978. The rental income for the entire property amounts to currently about € 2.511,60 net per year, of which about € 1.569,75 net per year falls to the 5/8 co‑ownership share.
• Details on rent level, operating costs and other conditions will be disclosed on request or within the framework of the purchase agreement preparation.
• Any operating costs, reserves or other ongoing costs for the property are to be coordinated with the other co-owners and depend on the respective co-ownership ratio and the agreements reached.

This property offers a rare combination of a characterful, renovation‑needed old building apartment in a central Leoben location and a majority ownership in the overall property including ongoing rental income from another unit. The apartment on the 1st floor provides with its approx. 72,0 m² and high rooms an ideal base to realize a customized living concept. At the same time, the current rental income of about € 1.569,75 net per year from the 5/8 share of Top 1 contributes to a steady income base, even though due to the rental contract from 1978 it is a classic old estate with accordingly moderate rent.

The property is suitable for both end users who appreciate the charm of an old building city villa and are ready to invest in a comprehensive renovation, and for investors who are looking for a combination of majority stake, rental income and development potential. Further details on the technical condition, the legal agreements and the existing tenancy will be explained during a personal viewing and through examination of the documents (usage agreement, land register, contracts).

Key data and highlights:

• Address: Badgasse 11 Top 2, 8700 Leoben
• Property type: Old building apartment in a city villa
• Location: 1st floor
• Living area: approx. 72,0 m² (Net living area, excluding stairwell, balconies or terraces)
• Rooms: 3 (large living kitchen + 2 bedrooms)
• Auxiliary rooms: bathroom, separated WC, 2 hallways, storage
• Ceiling height: approx. 3,1 m to 3,2 m, typical old building character
• Condition: renovation‑needed, comprehensive modernization required
• Legal form: simple co‑ownership with usage regulation
• Usage right: exclusive use of the apartment on the 1st floor by the buyer
• Co‑ownership share: majority ownership with 5/8 share in the total property
• Total rental income: approx. € 2.511,60 net per year from Top 1
• Rental income share 5/8: approx. € 1.569,75 net per year
• Existing tenancy Top 1: since 1978 rented on an unlimited basis
• Usage potential: owner-occupancy after renovation or future rental of the renovated apartment (subject to legal framework)
• Special features: old building city villa, high ceilings, central location in Leoben

Haben wir Ihr Interesse an dieser besonderen Immobilie geweckt? Dann überzeugen Sie sich am besten persönlich vor Ort und vereinbaren Sie einen unverbindlichen Besichtigungstermin. Herr Weikl steht Ihnen unter 0660/47 40 573 gerne für weitere Auskünfte zur Verfügung!

Hinweis gemäß Energieausweisvorlagegesetz: Ein Energieausweis wurde vom Eigentümer bzw. Verkäufer, nach unserer Aufklärung über die generell geltende Vorlagepflicht, sowie Aufforderung zu seiner Erstellung noch nicht vorgelegt. Daher gilt zumindest eine dem Alter und der Art des Gebäudes entsprechende Gesamtenergieeffizienz als vereinbart. Wir übernehmen keinerlei Gewähr oder Haftung für die tatsächliche Energieeffizienz der angebotenen Immobilie.

Wir weisen darauf hin, dass zwischen dem Vermittler und dem zu vermittelnden Dritten ein familiäres oder wirtschaftliches Naheverhältnis besteht.

Der Vermittler ist als Doppelmakler tätig.

Infrastruktur / Entfernungen

• Gesundheit
  • Arzt <150m
  • Apotheke <175m
  • Krankenhaus <675m
• Kinder & Schulen
  • Schule <400m
  • Kindergarten <250m
  • Universität <450m
  • Höhere Schule <575m
• Nahversorgung
  • Supermarkt <375m
  • Bäckerei <375m
  • Einkaufszentrum <550m
• Sonstige
  • Bank <325m
  • Geldautomat <325m
  • Post <425m
  • Polizei <450m
• Verkehr
  • Bus <125m
  • Autobahnanschluss <2.475m
  • Bahnhof <1.050m
  • Flughafen <9.725m
• Angaben Entfernung Luftlinie / Quelle: OpenStreetMap