Tenement with 4.05% return & potential

The early modern Bürgerhaus built around 1600 was originally used as a magazine and was part of the neighboring Salzstadels. The round arch belonging to the property spans Salzamtgasse. The property is under monument protection, which essentially is limited to the façade of the building. The building does not have a basement.

In Salzamtgasse there is a car parking space on private ground, as about half of the alley (northern part) belongs to the property.

Areas:

The roughly 450 m² corner building is currently divided as follows:

Ground floor

• 77,9 m² apartment
• 65,6 m² storage/garage Steiner Landstrasse
• 59,6 m² garage Steiner Donaulände

Upper floor

• 129 m² apartment Steiner Donaulände
• 115 m² apartment Steiner Landstrasse

All area specifications were calculated from existing plans.

Current yield: 4,05% p.a. net

The property is currently fully leased and can be made vacant on relatively short notice.

Condition and Potential:

The property has always been well maintained and all repairs have always been carried out promptly, so the condition is very well preserved. Therefore there is no immediate renovation work required. Since the ceilings largely lie on the exterior walls, the layouts could be adapted almost arbitrarily. The areas currently used only as storage or garage would be suitable for additional living space or also as commercial or practice rooms. An attic conversion also represents an option after consultation with the BDA and the building authority. Given the very central location, a generally tourist rental would also be plausible, as is already the case with one of the units.

Note pursuant to the Energy Certificate Vorlage Act: An energy certificate has not yet been submitted by the owner or seller, after our clarification about the generally applicable submission requirement, as well as the request for its preparation. Therefore, at least a total energy efficiency corresponding to the building's age and type is considered agreed. We assume no warranty or liability for the actual energy efficiency of the offered property.

The broker acts as a dual agent.