High-quality income property with 7 apartments, medical practice and gastronomy € 134,500 annual net yield

High-quality fully refurbished investment property with 9 apartments, medical practice & catering business

Attractive investment property with a versatile mix of uses, high-quality fittings and long-term development potential

For sale is a high-quality investment property, fully refurbished in 2018, on a spacious plot of around 2,400 m². The property impresses with a balanced mix of uses comprising apartments, a medical practice and a catering business, as well as comprehensive technical and structural fittings.

A total of 7 apartments with around 522 m² of living space, a medical practice newly built in 2023 and a catering business with a total of around 466 m² of usable space are available. The offering is complemented by around 212 m² of basement space, 11 carports, numerous visitor parking spaces and generously designed outdoor areas.

The key facts

• Plot area: approx. 2,400 m²
• 7 apartments with balcony and basement room - all rented
• Total living space: approx. 522 m²
• Medical practice – newly built in 2023 - rented
• 150 m² catering business - currently rent-free - can be converted into an apartment
• Basement space: approx. 212 m²
• 11 carports
• Numerous visitor parking spaces
• 20 kWp photovoltaic system
• Lift
• Barrier-free construction
• Underfloor heating and radiators in some areas
• High-quality floor coverings
• External roller shutters
• Terraces or balconies for all apartments

High-quality refurbishment & sustainable fittings

The building was comprehensively refurbished in 2018 and modernised in accordance with the funding guidelines of the Province of Styria.

Particular emphasis was placed on quality, comfort and energy efficiency in the fittings. High-quality floor coverings, pleasant underfloor heating, external roller shutters and a lift provide contemporary living and usage comfort.

The excellent energy-efficiency value underlines the quality of the refurbishment. In addition, a powerful 20-kWp photovoltaic system was installed, making a further contribution to the sustainable operation of the property.

The existing property management company handles all matters as well as the letting.

Comfortable living

The 9 apartments in total offer a pleasant and modern living environment. Each apartment has its own terrace or balcony as well as its own basement replacement room.

Residents particularly appreciate the quiet surroundings, pleasant indoor climate and high-quality fittings of the complex.

The entire property was designed with reduced barriers and also features a lift, making it suitable for different generations and user groups.

Attractive outdoor area

Great importance was also attached to a high quality of stay in the outdoor area.

The spacious complex has its own children’s playground, numerous visitor parking spaces and 11 carports.

A special detail: The site also features a magnificent fountain operated by the municipality, giving the outdoor area a distinctive character.

Interesting mix of uses for investors

The combination of residential use, medical use and catering provides interesting diversification within a single property.

The property therefore offers an attractive basis for investors who value a broadly diversified mix of uses, modern building substance and sustainable fittings.

Due to the comprehensive refurbishment, high-quality fittings, photovoltaic system and generous outdoor and parking areas, the property presents itself as a long-term investment of interest with a wide range of possible uses.

A complete package with particular potential

9 apartments | Medical practice | Catering, currently available to rent I 2,400 m² plot | 11 carports | 20 kWp PV system | Lift | accessible

An exceptional opportunity for capital investors and investors seeking an already comprehensively modernised property with several pillars of use and high-quality fittings.

I would highlight this information in the listing as a separate investment and income block. It is important to present the figures clearly and seriously and not merely hide them in the continuous text.

Attractive income situation

The property currently offers total annual net rent of around € 134.500,- and thus represents an interesting basis for a sustainable real estate investment.

The current income situation is composed as follows:

• Annual net rental income: approx. € 102.000,-
• Provincial subsidy: approx. € 32.500,- annually - term until 31.01.2034
• Total annual net rent: approx. € 134.500,-

The current net rent is € 6,347/m². This rent applies during the term of the existing subsidy, currently until 31.01.2034.

Note: The stated net rent does not apply to the letting of car parking spaces, carports and kitchens.

The property therefore has an attractive ongoing income situation and combines stable rental income with a comprehensively refurbished and technically high-quality property.

Energy & heating

The property also presents itself at a very good level in terms of energy.

• Heating demand (HWB): 34,85 kWh/m²/year
• Central building heating system
• Pellet heating
• Underfloor heating
• 20 kWp photovoltaic system

The combination of comprehensive refurbishment, modern building services, underfloor heating and photovoltaic system ensures a contemporary and energy-efficient building standard.