Around 8020 Graz-Gries

Approx. 62,500 Euro per year yield potential with income house in central location

1,340,000€
3,034€/m²
  • 441 m²

More details

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New build · Constructed in 1972

About this investment property

Please submit inquiries in writing by email only.

Only inquiries that include the full name, complete residential address or company address, email address and telephone number will be processed.

For financing questions, our financing adviser will be happy to provide advice at no obligation and free of charge! The seller will accept only binding purchase offers accompanied by proof of financing.

The old apartment building was partially demolished in the 1950s and rebuilt and extended from the 1970s onward. The building has a total of 13 units, of which 11 are apartments and 2 units, with approx. 248 m², are Self Storage facilities on the ground floor. An annual gross yield of approx. 62.500 Euro can be achieved; the current annual gross yield is approx. 54.500 Euro. Most of the apartments are rented on fixed-term leases until 2027 and 2028 and can therefore be rented out again soon.

An attractive apartment building awaits you in 8020 Graz, impressing with its generous area of around 689,81 m² and its versatile possibilities. The property offers an interesting opportunity for investors looking to expand their portfolio and invest in a sought-after urban location.

The building is constructed of brick and heated with gas via central heating. Its solid construction and central heating provide a good basis for sustainable management. Whether as a long-term investment or as a starting point for a well-planned development concept, this investment property offers a range of prospects. The specific use and design can be assessed individually within the framework of the applicable building regulations.

The location also speaks for itself: Excellent connections to buses, trams and the railway station ensure convenient access within Graz and beyond. This makes the property attractive to residents as well as working professionals and students.

Numerous everyday amenities are located nearby. A doctor, pharmacy and clinic ensure good medical care. Schools, a kindergarten, a secondary school and a university underscore the family- and education-friendly infrastructure of the location. A supermarket, bakery and shopping centre offer convenient shopping options and complement the urban surroundings.

The combination of generous space, a central location and comprehensive infrastructure makes this apartment building an interesting investment opportunity in Graz. Discover this property’s potential and lay the foundation for sustainable appreciation in a vibrant district.

Around 8020

Graz-Gries

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Key information

Size
344 m² Plot Area · 441,6 m² living area · 689,8 m² usable area

Total purchase price

1,340,000€
3,034€/m²
Agent commission
3% des Kaufpreises zzgl. 20% USt.

About your broker

Peter Schlager
Peter Schlager
Schlager Real Estate GmbH
30Listings on Lystio
3Months on Lystio

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