RESIDENTIAL AND COMMERCIAL BUILDING IN PRIME CENTRAL LOCATION OF WALLSEE – 8 UNITS WITH ATTRACTIVE FEATURES

Property description

In a central location in Wallsee-Sindelburg, directly on the historic market square, this attractive residential and commercial property presents an interesting investment opportunity.

The building combines traditional architecture with modern living comfort and offers a total of eight units across three above-ground floors, comprising seven apartments and one medical practice.

According to the valuation report, the total usable area is approximately 644,90 m².

The residential units impress with well-designed floor plans, spacious living and dining areas, and contemporary fittings. Parquet floors, modern bathrooms, and functional kitchens create a pleasant living environment.

Special highlights include the ground-floor apartment with a private garden and terrace, as well as the two attic apartments with spacious roof terraces.

A passenger lift connects the floors and provides convenient access to the individual units.

The central heat pump heating system ensures a modern heat supply.

With its combination of different apartment sizes and a medical practice, the property offers a versatile range of uses and is particularly suitable for long-term-oriented real estate investors.

Features

The property offers numerous features:

• Seven apartments and one medical practice
• Approximately 644,90 m² total usable area
• Passenger lift
• Central air-to-water heat pump heating system
• Parquet floors in the living areas
• Modern bathrooms
• Fitted kitchens
• Garden apartment with private terrace
• Two attic apartments with spacious terraces
• Basement storage units
• Bicycle room
• Seven parking spaces according to the valuation report
• Attractive architecture
• Central location immediately beside the market square

Investor information

The property has an existing rental structure with ongoing rental income.

The financial key figures according to the rental schedule provided:

Monthly net rental income: € 7.267,08

Annual net rental income: € 87.204,96

Asking price: € 2.400.000,–

Gross rental yield: approx. 3,63 %

Price-to-rent multiplier: approx. 27,52

The stated gross rental yield is based on the specified annual net rental income and is before acquisition costs, maintenance expenses, non-recoverable operating costs, rental losses, and taxes.

A detailed rent schedule and further property documents can be provided upon serious interest.

Overview of the units

• Top 1 – Medical practice – 142,47 m²
• Top 2 – Apartment with garden – 99,57 m²
• Top 3 – Apartment – 62,47 m²
• Top 4 – Apartment – 62,88 m²
• Top 5 – Apartment – 58,29 m²
• Top 6 – Apartment – 47,37 m²
• Top 7 – Attic apartment – 94,53 m²
• Top 8 – Attic apartment – 77,32 m²

Areas according to the valuation report dated 05.10.2017. The total of the individually listed units is 644,90 m².

Other information

The property is divided into condominium units.

A valuation report from 2017 and floor plans of the individual units are available.

The apartment sizes range from approximately 47 m² to approximately 100 m². The offering is complemented by a medical practice area of approximately 142 m².

The various apartment sizes make it possible to appeal to different tenant groups.

The property therefore offers an interesting combination of ongoing rental income, versatile use, and long-term real estate investment.

Purchase price: € 2.400.000,–

We will be happy to provide further information, send additional documents, or arrange a viewing appointment.

The agent is acting as a dual agent.