Income property with 20 furnished apartments near the station
Around 2630 Ternitz- 453 m²
- 20 Rooms
- 16 Baths
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About this investment property
NEW! Apartment building with 20 TOP units in Ternitz – yield hit with 11.3 %!
Attention investors! This apartment building in a central location in Ternitz offers a rare opportunity for investors and operators who value solid returns and sustainable substance. The building was constructed in the year 1912 and put into good condition by a comprehensive renovation in 2025. As part of a roof extension in the year 1975, a spacious apartment of around 145 m² was created, which was converted into 4 apartments during the renovation.
In total, the property comprises 20 fully equipped apartments ranging in size from about 10 to 37 m². All units were fitted with new, high-quality bathrooms and tastefully furnished – ready for immediate use or further rental. All apartments are currently rented. As part of the renovation, fire protection measures and the electrical system were brought up to the latest standard, ensuring worry-free operation.
The property is also economically convincing: at full occupancy, an annual net income of around EUR 85,000,- results (already after deduction of ongoing costs). This generates an attractive yield of about 11.3 % for the property. The average length of stay of the tenants is around 6-12 months; via a waiting list, vacant apartments are offered directly to searching customers after move-out, enabling a seamless transition. The accommodation contracts are concluded monthly, providing flexibility in dealing with tenants. Since the extensive renovation of the property, the apartments have been nearly 100 % occupied, as tenants often stay long-term in the apartments and there is enormous demand from interested parties.
Of course, we will send you all further documents, floor plans and topographies upon request.
Infrastructure / Distances
- Health
- Doctor <500m
- Pharmacy <500m
- Hospital <4.000m
- Clinic <9.000m
- Children & Schools
- Kindergarten <1.000m
- School <500m
- Local supply
- Supermarket <500m
- Bakery <500m
- Shopping center <2.500m
- Other
- Bank <500m
- ATM <500m
- Police <1.500m
- Post <500m
- Transport
- Bus <500m
- Highway access <3.500m
- Train station <500m
Distance information as the crow flies / Source: OpenStreetMap
Around 2630
Ternitz
Key information
Total purchase price
About your broker
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