Investment property in top central location of the district capital

Apartment building for sale on the main square in Mistelbach, featuring a beautifully articulated façade and great potential!

Existing area approx. 320m², of which approx. 200m² are rented

Development potential: plus approx. 100m² of outdoor areas + unfinished attic

Total usable area approx. 320m² plus approx. 30 m² terrace.

• two ground-floor commercial units
• three office units/apartments
• up to six parking spaces at the rear in the courtyard

Units

• Commercial unit 1: net rent € 1.800,00, gross rent € 2.160,00, rented
• Commercial unit 2: net rent € 1.800,00, gross rent € 2.160,00, rented
• Office/apartment approx. 58m²: net rent € 789,17, gross rent € 947,00, rented
• Office/apartment approx. 35m²: net rent € 400,00, gross rent € 480,00, rented
• Office/apartment approx. 127m²: vacant

Monthly gross rent: € 5.747,00
Monthly net rent: € 4.789,17

Purchase price: € 900.000,00

Current net yield 6,4 %

Potential net yield 8,00%

LOCATION
The property is centrally located on the main square, with restaurants, local shops, public transport, schools, doctors and the hospital nearby—a perfect infrastructure for tenants and investors.
Public transport is in the immediate vicinity (bus in front of the house and commuter rail approx. 8 min. on foot).

This exclusive investment property is mostly rented and is being sold as a whole property. The combination of historic charm, top infrastructure and sustainable rental potential makes it a unique opportunity for forward-thinking investors.

As this is a discreet sale, more detailed documents about the property will only be sent after personal details of the prospective buyer or a company register extract have been provided.
Plans, views and the submitted building plan are available on request.

WE WOULD BE HAPPY TO SEND YOU FURTHER INFORMATION, PHOTOS AND PLANS ON REQUEST!

Please note that, due to our obligation to provide proof to the owner, we can only process enquiries that include the complete address and personal details (first and last name, telephone number, email).

Please also note that, since 13.06.2014, due to a new EU directive, we can only send you documents and address details for this property once you confirm that you wish us to begin our work immediately and have been informed of your right of withdrawal. After your enquiry, you will receive an email in which, after clicking the included link, you will be informed of this and must confirm these points. You will then automatically receive the exposé for download. We are required to obtain this confirmation WITHOUT EXCEPTION. Thank you for your understanding!

Viewings are possible with the agent responsible for the property.

All information is provided to the best of our knowledge. Errors and prior sale excepted. This exposé is preliminary information; only the concluded purchase agreement serves as the legal basis. § 15 of the Brokerage Regulation is deemed agreed.

Notice pursuant to the Energy Performance Certificate Submission Act: An energy performance certificate has not yet been provided by the owner or seller, despite our explanation of the generally applicable obligation to provide one and our request that it be prepared. Therefore, at least an overall energy efficiency appropriate to the age and type of the building is deemed agreed. We accept no warranty or liability whatsoever for the actual energy efficiency of the property offered.

We point out that there is a family or economic relationship between the agent and the third party to be brokered.

The agent is acting as a dual agent.

Infrastructure / Distances

Health
Doctor <500m
Pharmacy <500m
Clinic <500m
Hospital <1.000m

Children & Schools
School <500m
Kindergarten <500m

Local amenities
Supermarket <500m
Bakery <500m

Other
Bank <500m
ATM <500m
Police <500m
Post office <500m

Transport
Bus <500m
Train station <500m
Motorway access <4.500m

Distances measured as the crow flies / Source: OpenStreetMap