Renovated tenement house with up to 6% yield, residential and commercial building near Neunkirchen train station

Renovated residential and commercial building with attractive income structure in Neunkirchen

A well-maintained and versatile residential and commercial building in a central location in Neunkirchen is offered for sale. It is particularly aimed at investors who value ongoing rental income, a balanced mix of uses and long-term potential for appreciation.

The building, originally constructed in 1978, was extensively renovated in 2023. Among other things, the façade was renewed as part of the renovation measures. The roof was already re-covered in 2011. As a result, the property now presents itself in a very well-maintained and attractive overall condition.

The property has a total of six existing units, consisting of four apartments and two commercial premises. This combination of residential and commercial use ensures balanced diversification of the tenant structure and provides an interesting basis for sustainable income.

The four residential units have usable floor areas between approx. 48 m² and 73 m² and comprise a total of around 240 m² of usable floor area.

The offer is complemented by two commercial units of approx. 120 m² and 150 m², which together have a usable floor area of around 270 m².

Overall, approx. 510 m² of rentable usable floor area is therefore available.

Existing units

• 4 apartments with a total of approx. 240 m² of usable floor area
• 2 commercial premises with a total of approx. 270 m² of usable floor area
• Total usable floor area: approx. 510 m²

Key financial data

• Monthly rental income: approx. € 4.200
• Annual rental income: approx. € 50.000
• Yield: approx. 6 % gross before taxes

The combination of several independent existing units, ongoing rental income and the mix of residential and commercial areas makes this property a particularly interesting investment opportunity.

Thanks to the renovation measures already carried out and the solid income structure, the property offers attractive conditions for investors looking for a sustainably rentable property with ongoing cash flow and long-term development potential.

We naturally have both the plans and the operating costs available. We will be happy to provide these to interested parties upon more specific interest and request.

An interesting investment opportunity for investors who value stable income, a diversified tenant structure and a property that retains its value over the long term.

We look forward to your enquiry.

Mr Anic will be happy to assist you with any questions or a request for a viewing at short notice at +43 664 391 2827!

For further unique and special properties, visit us at http://landaa.at

Notice pursuant to the Energy Performance Certificate Submission Act: An energy performance certificate has not yet been submitted by the owner or seller, despite our informing them of the generally applicable obligation to submit one and requesting that it be prepared. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is deemed to have been agreed. We assume 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 acts as a dual agent.

Infrastructure / distances

• Health
  • Doctor <500m
  • Pharmacy <1.000m
  • Hospital <1.000m
• Children & schools
  • School <500m
  • Kindergarten <500m
• Local amenities
  • Supermarket <500m
  • Bakery <1.000m
  • Shopping centre <1.000m
• Other
  • Bank <500m
  • ATM <500m
  • Police <1.000m
  • Post office <1.500m
• Transport
  • Bus <500m
  • Train station <500m
  • Motorway access <3.000m

Distances as the crow flies / source: OpenStreetMap