Renovated tenement house with 6 residential units

Hard Facts:

Living area: approx. 254 m²

Residential units: 6

Rental status: Fully rented

Condition: Renovated (attic converted in 2019)

Renovated apartment building with 6 residential units:

This renovated and fully rented apartment building in Graz offers everything required for a good investment property: ongoing rental income and additional development potential. A total of six residential units are distributed over approx. 254 m² of living area and are currently fully rented.

The property has been continuously upgraded, with the attic in particular having been converted and renovated. As part of this, balconies have already been constructed in the attic, significantly increasing the residential value of the units concerned. Particularly interesting for future owners: Further balconies have already been approved and can still be implemented if required, creating additional potential and an increase in value..

Due to its renovated condition, full occupancy and the existing and approved expansion options, the property is ideally suited to investors looking for an existing income-generating property with additional development scope in Graz. The gross rental income currently amounts to approx. 3.000€ p.m.

Further documents and the current rent schedule can be provided upon request.

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Notice pursuant to the Energy Performance Certificate Submission Act: An energy performance certificate has not yet been provided by the owner or seller, despite our informing them about the generally applicable obligation to submit one and requesting its preparation. 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.

The broker is acting as a dual agent.