Income building in Andritz/Geidorf with sustainable yield

This charming, four-storey turn-of-the-century building was built in 1905 and combines historic flair with modern living comfort. The 13 residential units at Lindengasse 6 are located on the border of two of Graz's most sought-after residential districts, Andritz and Geidorf. This excellent location guarantees a perfect infrastructure: all facilities for daily needs are in the immediate vicinity. The property also impresses with excellent transport connections, whether by car or by public transport.

City life and nature in harmony: A particular advantage of this residential location is the ideal balance of vibrant city life and peaceful nature. You benefit both from the short distance to the center of Graz (bus stop directly in front of the building) and from the proximity to the beautiful local recreation areas and attractive excursion destinations in the Graz surroundings.

Very good floor plans - 12 apartments with an area of around 29 m² and around 55 m², 1 apartment on the ground floor with around 89 m² - promise a high quality of living for singles and families. Especially attractive: the light-flooded attic apartments. The cellars assigned to each unit and the green parking zone in front of the house also fulfill all wishes regarding sufficient storage and parking space.

• 12 apartments with an area of around 29 m² and around 55 m²
• 1 apartment on the ground floor with around 89 m²

The investment property also impresses with a very good occupancy rate of 96% (observation period since 2023). Vacancies were almost exclusively due to renovations after tenants. Currently only one apartment is not rented because it is currently being extensively renovated. All other units are rented and provide stable and very constant rental income with a sustainable return of around 4%.