Approx. 72,000 Euro Annual Gross Yield, Attractive Income Property in Graz with 803.86 m² Usable Area and 2 Parking Spaces

Attractive apartment building in 8010 Graz – an investment with prospects

In the heart of Graz, an interesting apartment building with 11 apartments and 2 storage units offers versatile potential. With a total area of 803.86 m², this property provides a compelling foundation for investors looking to invest in a sought-after urban setting. The attic conversion was completed in 2011, so the attic is subject to the partial application of the MRG (free rent); the remaining apartments are subject to the MRG due to the year of construction. It may be worth switching to short-term rentals of the apartments, workers’ accommodation, or monthly rentals to achieve a higher return.

The current target net rent per month is approximately 6000 euros, and most of the units are rented.

The building was constructed using solid brick construction and combines a classic building style with fittings designed for practical use. Tiled and laminate floors provide an easy-care foundation for a range of residential or usage concepts. Heating is provided by gas. Two parking spaces complement the property and are a particularly valued advantage in the city.

The location in 8010 Graz benefits from excellent infrastructure and short everyday journeys. Buses and trams provide convenient connections to Graz’s districts and key destinations. Numerous everyday amenities are also nearby: a supermarket and bakery are just as easily accessible as a doctor, pharmacy, clinic, and hospital. Schools and kindergartens offer an attractive setting for families, while the proximity to the university also makes the location interesting for students and people working in higher education.

The combination of generous space, an urban location, and versatile infrastructure opens up various opportunities for sustainable management. Whether as a long-term investment or a property with development potential, this apartment building offers an exciting opportunity to enter the Graz real estate market or strategically expand an existing portfolio.

Take the opportunity to get to know a spacious income-generating property in a lively and sought-after urban location. This apartment building in 8010 Graz combines an attractive setting, solid construction, and an area with diverse potential.