Centrally located, representative old villa in one of the most popular Graz districts St. Peter

This highly representative old building villa is located very centrally in the popular, attractive Graz district of St. Peter. The investment property with a total area of around 320 m² is divided into 3 floors over 4 units with apartment sizes of 45 m² to 124 m², as well as 2 to 3 car parking spaces in the inner courtyard. Due to the good location and the best rental potential of the properties, this investment property is particularly attractive. The property comprises an area of around 423 m² and is designated KG (Kerngebiet) with a maximum building density of 0,5 - 1,0. The property has been continuously renovated and maintained and is therefore in a very good condition and is very well maintained. The fully basemented property is particularly attractive due to the central location and the immediate proximity to the city center, resulting in excellent rental potential for the properties. The net rental income currently amounts to € 672,50,- per month (€ 8.070,- per year). The achievable rental income at full occupancy amounts to € 2.464,- per month (€ 29.580,- per year), yielding a return of just under 3 %.