2542 Kottingbrunn – Investment property: 9 rented apartments plus expansion to 13 units

A multi-family house completed in 2016 on a plot of approximately 1,150 m² in Kottingbrunn is offered for sale.

The property currently comprises 9 temporarily rented residential units and additionally offers concrete development potential for 4 further small apartments.

Highlights

• 9 existing residential units
• all units temporarily rented
• approximately 451.47 m² of space on the ground floor, upper floor and attic floor
• approximately 157.19 m² of basement space
• garage of approximately 50.96 m²
• pram and bicycle room
• several outdoor parking spaces
• open spaces and garden areas
• plans for 4 additional studio apartments
• thereby approximately 132 m² of additional living space possible
• an additional 4 parking spaces planned
• up to 13 residential units in total after completion

Development potential

Plans are already available for the further development of 4 compact residential units, each with its own outdoor space.

According to the current plans, approximately 132 m² of additional living space can thereby be created. Once implemented, the property would therefore comprise a total of 13 residential units.

This gives the property particular appeal for investors, offering an interesting combination of an existing rented portfolio and additional development potential.

Features

Heating is provided by a central gas heating system. The respective consumption is charged to the individual residential units accordingly.

The property is currently privately owned by a family and has not been legally partitioned.

Purchase price

€ 1,950,000,- free of encumbrances

The complete property documents are currently still being prepared and will be made available shortly.

The energy performance certificate has already been requested and will be presented no later than upon signing of the contract.

For further information or to arrange a viewing appointment, you can reach us at 0650 311 00 02.

We wish to point out that there is a family or economic relationship of close association between the broker and the third party to whom the property is being brokered.

The broker is acting as a dual broker.