Investment property No commission direct from private seller Center of Gloggnitz Up to 6.3% return

This attractive investment property is located in the best location in the center of Gloggnitz, Niederösterreich. It consists of a commercial space, a hair salon, and a flexibly usable unit that can be used as an apartment or an office. The property has been extensively modernized in recent years, thereby offering excellent investment opportunities.

Investments in recent years:

• New glass canopy at the hairdresser: 2024
• Electrical installations on the upper floor: 2024
• Flat roof renovation: 2024
• Parquet floors in the office: 2023
• Heating renovation: 2023
• Windows: 2020
• Fence and driveway gates

Income and return:

• Net income at full occupancy: around € 70.000,00; return 8%

Highlights:

• Central location in the heart of Gloggnitz
• Extensive modernizations and investments
• Versatile usable units (commercial)
• Attractive return opportunities over the next years
• Long-standing tenants (fashion store and hairdresser for over 20 years)

Contact: For viewings or questions about the object, the owner Mr. Blum is available at 0676/9331514.

Purchase price: 885.000,00

Additional costs:

• Real estate transfer tax: 3,5%
• Land register entry: 1,1%
• Contract drafting