Investment property no commission from private seller center of Gloggnitz up to 6.3% return

This attractive investment property is located in a prime location in the center of Gloggnitz, Lower Austria. It consists of a commercial premises, a hair salon, and a flexibly usable unit that can be used as a dwelling or an office. The property has been extensively modernized in recent years, thereby offering excellent investment opportunities.

Investments in recent years:

• New glass canopy at the hair salon: 2024
• Electrical installations on the upper floor: 2024
• Flat-roof renewal: 2024
• Parquet floors in the office: 2023
• Heating renewal: 2023
• Windows: 2020
• Fence and driveway gates

Income and return:

• Net income at full occupancy: around € 70.000,00; return 8%

Highlights:

• Central location in the heart of Gloggnitz
• Extensive modernization and investments
• Versatile units (commercial)
• Attractive return opportunities over the coming years
• Long-term tenants (fashion store and hairdresser for over 20 years)

Contact: For viewings or questions about the Objetk, the owner Mr. Blum is available at 0676/9331514.

Purchase price: 885.000,00

Additional costs:

• Real estate transfer tax: 3,5%
• Land register entry: 1,1%
• Contract drafting