Approx. 145,000 Euro current annual gross income, like-new income property with 19 apartments & 19 parking spaces

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Located in an attractive area of Graz district 8051, this nearly new apartment building comprises 19 apartments. 18 apartments and 18 covered parking spaces are currently rented out for 3 or 5 years, generating an annual gross rental income of approx. 145.000 Euro. If fully rented, an annual gross rental income of approx. 153.000 Euro would be possible. An opportunity for investors and landlords seeking a high-quality investment property with a wide range of features.

With a generous total living area of around 951,71 m², the property offers an appealing package for a sustainable investment. The apartments have gardens, terraces or balconies. The photos in the listing show the entire development, comprising 2 apartment buildings, one of which is being offered for sale.

The nearly new condition underscores the building’s well-maintained, contemporary character. High-quality flooring, such as tiles and oak parquet, creates a pleasant living environment for tenants, while the central heating and a modern air-source heat pump provide contemporary comfort. A passenger elevator provides barrier-free access to the individual floors and makes the building practical for everyday use.

The practical features are also impressive: 19 parking spaces in total, although one outdoor parking space has not yet been built, provide convenient parking. A dedicated bicycle room complements the offering and caters to the needs of modern residents. Cable or satellite TV is also available for the development. The garden and children’s playground create an attractive outdoor area and provide additional space to relax.

Bus connections make it easy to get around and link the location to the Graz urban area. Residents therefore benefit from practical everyday infrastructure and good connections to key destinations.

This nearly new apartment building combines generous areas, practical features and good transport connections in an attractive overall offering for discerning investors. A property with compelling potential and an appealing range of features—ideal for adding a high-quality property in Graz to your investment portfolio.