Listed investment apartment near riverside promenade with parking

The Andritzer Mauthaus is located approximately 3,0 km north of the city center of Graz in the III. district Geidorf at the intersection Grabenstraße - Andritzer Reichsstraße - Körösistraße.

The building stock consists of a listed tenement house (typical broad-based gabled house with hipped gable from the 17th century). In 1995 the house was converted and renovated in compliance with all monument protection regulations.

• The property consists of a basement main building, an outbuilding and an extension in which four offices are located, which are fully let.
• The main building contains 12 residential units - 11 of 12 apartments are rented. Only 1 vacancy! (Office Top 3)

There are a total of 8 car parking spaces in the courtyard.

The sustainable annual net income of the property achievable with proper management thus amounts to approximately € 65.648,--

• The gross initial yield (gross income / market value) is approximately 6,81%
• The net initial yield (net income / market value) is approximately 5,48%

The building is heated by gas central heating.

Videotour available!

If our offer appeals to you, we will be happy to send you a link to the video tour of the apartments on request. The marketing of this property is carried out by JLB Projects GmbH. For reasons of maximum transparency, it is pointed out that there is an economic as well as familial close relationship to the seller. JLB Projects GmbH acts as a dual agent. In the event of a successful conclusion of the contract, the brokerage fee payable by the buyer is 3 % of the purchase price plus 20 % VAT.