Well-maintained small rental building near the castle with charming vaulted cellar and beautiful terraces

For sale is a very well maintained, recently renovated rental building in a good location of Eisenstadt.

The property convinces with stable rental income, a well thought-out layout and additional development potential.

A comprehensive renovation took place in 2020, bringing the property into a contemporary condition.

The building is partly basemented and has a living area of 300,33 m² (Wohnungen top:1-4), (Wohnung teilsaniert) top 5: 33,51m2 and 180m2 cellar space.

Layout as follows:

• Top 1: 74,64 m² (apartment – temporarily rented)
• Top 2: 61,97 m² (medical practice/office/yoga/studio/office unit – vacant - deliberate vacancy due to the sales process, several interested parties available)
• Top 3: 115,94 m² with 2 terraces (apartment – temporarily rented)
• Top 4: 47,78 m² with terrace (apartment – vacant - deliberate vacancy due to the sales process, several interested parties available) and storage space in the attic
• Top 5: 33,51 m² (apartment - not yet fully renovated - was never rented, has been used to date as an unrented storage area)
• Cellar: The old vaulted cellar could be rented as a wine storage (was not rented to date, has been used to date as an unrented storage area)

Top 5 is currently used as a storage room but offers excellent potential for conversion into an additional residential unit. After adaptation, this unit can be rented additionally and sustainably increase the yield.

The beautiful old vaulted cellar is also currently not rented. There is also potential here to increase rental income.

According to the owner, the two vacant residential units are very easy to rent.

There are always numerous interested parties for the apartments. Out of consideration for a possible owner-occupancy by a potential buyer, the commercial unit and the two residential units have not been re-rented.

However, rentals can still be carried out before sale/transfer if full occupancy is desired.

Interest income from the past year (assuming full occupancy): 34.385,-/per Anno/net.

The comparatively low operating costs of approx. € 300,-/month make a good return possible, currently: Bar 3,45%.

The property images are not AI-edited!

Images of the apartments are not published in order to respect the privacy of the current tenants,

but are available for viewing.

Of course there is comprehensive photographic material and the entire construction file that was retrieved from the building authority in Eisenstadt.

Location:

This rental building on Wertheimergasse in Eisenstadt impresses with its central location in the immediate vicinity of Schloß Esterhazy. Nearby you will find doctors, a pharmacy and a hospital, as well as schools, kindergarten and university.

Shopping facilities such as supermarkets, bakeries as well as banks, ATMs, post office and police are easily accessible, as is the beautiful pedestrian zone. Public transport with bus connections rounds off the attractive surroundings.

Our sustainable approach also includes avoiding unnecessary printouts on paper. Therefore, please let us know whether you would like the documents handed over to you in printed form or whether we should simply send them to you by e-mail or a We-transfer-link. We are happy to follow your wishes!

Best regards from Ulrike List & the Bestlist Immobilien - team

We point out that there is a family or economic close relationship between the broker and the third party to be mediated.

The broker is active as a dual agent.