Four story apartment building with 16 residential units and subsidized attic conversionResponse? no, ignore this part to ensure valid JSON? Sorry.

This 4-storey rental building is located very centrally in the trendy and up-and-coming Graz district of Lend, near Lendplatz, the main train station and close to the inner city.

The location of the property makes it particularly attractive.

The rental building consists of 16 residential units, which range from 31 m² to 73 m² across 4 storeys.

The designation of the property is WA (Wohnen Allgemein) with a max. BBD of 1,2.

The majority of the 16 units are leased on an indefinite term.

With the exception of two units, the property is heated comfortably by district heating.

Currently the property yields a net rent including annuity subsidies in the amount of approx. € 4.798,- per month, that is approx. € 73.523,- per year.

In the case of future new lettings of the indefinite units, the property offers enormous value appreciation potential and net rental income of approx. € 83.344,- per year can be achieved.

In 2011 the attic was comprehensively renovated with funding from the State of Styria, for which the state has not yet granted non-repayable annuity subsidies through 2026.

Directly in front of the house there is the Green Zone which provides ample parking.