Gründerzeithaus near the opera with building permit Apartment

Gründerzeithaus in top location near Graz Opera - building permit for 9 luxury apartments

The special thing about this property is called charm, authenticity, character and location, location, location!!

Graz

Styrian state capital with a southern flair and countless cultural, economic and educational offerings

Mandellstraße

Beautiful street with green courtyards in the Gründerzeit district of the St. Leonhard district.

High-quality closed perimeter block development with representative building fronts and historic facades in neo-Renaissance forms.

The building is a five-axis, four-story rental and commercial building with a strictly historical facade.

The architectural elements such as facade divisions, eaves and cord cornice, wooden portals, window and door surrounds, grooved plinth zone are ensemble-defining and in historical characteristic.

The commercial portal next to the entrance dates from the time of construction. Protected-worthy building according to § 4 GAEG

The house was started in 1872 by Franz Pfeilleck for Josef and Elise Strauß and completed in 1874 by Jakob Bullmann.

Absolute top location - not only because of the modern architecture in combination with this wonderful Gründerzeit house, but also the central location with the variety of Graz attractions which can be reached on foot or by public transport in a few minutes.

A rental and commercial building with potential and many possibilities, whether business address, private or investor apartment.

Due to the top location close to the old town, university quarter, Stadtpark, Kaiser-Josef-Markt, transport hub Jakominiplatz, each interested party will find something suitable. The courtyard - sunny and quiet, through its own garden areas and generous balconies makes the small but fine project additionally attractive.

Existing area 633 m²

The Gründerzeit house currently has a total usable residential area with commercial area of

• approx. 633 m² (exclusive basement floor, stairwell corridors)
• 4 above-ground floors with approx. 165 m² usable area each
• 1 apartment per floor (in the ground floor additionally 1 commercial area)
• attic not developed

Current rent listing

• Ground floor commercial area 37.60 m², rented, total rent gross 348.68 €
• Ground floor apartment Top 100 m², rented, total rent gross 850.00 €
• 1st floor apartment Top 2 165 m², rented (indefinite), total rent gross 543.31 €
• 2nd floor apartment Top 3 165 m², vacancy
• 3rd floor apartment Top 4 165 m², rented (indefinite), total rent gross 1,133.91 €
• attic not developed

Total monthly: 2,875.90 €

Total yearly: 34,510.80 €

Legally binding building permit for conversion into

• 9 residential units (approx. 816 m² living area) and 1 commercial unit (approx. 37.60 m²), stairwell approx. 79 m²
• 33.80 m² - 140 m² usable areas
• 21 m² - 50 m² garden areas
• 6 m² - 18 m² cellar compartments
• modern interior finishing + luxurious penthouse resulting in an additional expansion of approx. 240 m² usable area

With this stylish project, investors, developers or private buyers are offered the unique opportunity to acquire an authentic Gründerzeit house, embedded in the near-city Gründerzeit district with the typical large green courtyards.

Architecturally modern adapted floor plans, the design of which placed great value on possible uses, with private gardens and balconies. On 4 floors 2 residential units each, with room heights of approx. 3.5 m typical for that time which give the interiors an incomparable

generosity and an exclusive, very spaciously designed penthouse apartment that extends over 2 levels, with loggia and direct lift access. Access to the apartments via a characteristic spacious stairwell as well as a new lift system.

Calculation of market rent after alteration and conversion

Rent annually approx. 116,000 € (subject to the termination of the 2 indefinite tenancy agreements).