#SQ Investment Property Worker Dormitory Directly on the Mur Graz

For sale is a workers' hostel with a total of 55 beds and predominantly guaranteed occupancy. The building lies between the city center and Graz Airport and was built in 1994/95. It is in good construction and maintenance condition and has 3 above-ground floors (ground floor, 1st OG and 2nd OG) as well as a basement.

Key data at a glance:

• Workers' hostel with 55 beds
• Usable floor area: ca. 1.305 m²
• ca. 25 double rooms & ca. 5 single rooms
• Target return: ca, 10,8% at full occupancy

Costs:

• Purchase price: € 2.750.000,-- plus 20% VAT
• Operating costs of approx. € 75.000,--/year
• Commission: 3 % of the purchase price plus 20% VAT

For sale is a workers' hostel with 55 beds in total and predominantly guaranteed tenancy. The building lies between the city center and Graz Airport and was built in 1994/95. It is in good construction and maintenance condition and has 3 above-ground floors (ground floor, 1st OG and 2nd OG) as well as a basement. Annual actual income: The main tenant is a company from the construction industry. In 2024 this construction company generated revenue of approx. € 125.000,--. Further beds are thus still available and would partly be from the current tenants, partly via Booking.com and by other tradesmen. Realistic assumption of €20 / bed / day

AnnualSOLL-Ertrag:EUR373.000,-

Worth knowing: In the immediate vicinity of the property the Murkraftwerk of Energie Steiermark GmbH is currently being built, so one can expect rising demand.

Note pursuant to Energy Certificate Vorlagegesetz: An energy certificate has not yet been submitted by the owner or seller, after our clarification of the generally applicable submission obligation, as well as the request for its preparation. Therefore, at least a total energy efficiency corresponding to the age and type of the building is considered agreed. We make no warranty or liability for the actual energy efficiency of the offered property.

We would like to point out that there is a familial or economic close relationship between the broker and the third party to be mediated.