Attractive investment property in South Styria with 5.2% yield: Well rented. Centrally located!

This exceptionally well-maintained investment property in the heart of Ehrenhausen’s town center represents an attractive opportunity for increasing value and a sound capital investment.

The charming corner building is located directly on the main square and offers a wonderful view across the entire square as well as of the historic churches and magnificent buildings in the surrounding area.

The residential building has been carefully maintained over the years and is today in an exceptionally good condition. Comprehensive expansion work was carried out in 1994. In the years that followed, the roof, the utility lines (water and electricity) and the façade were renewed, among other things. The building was also connected to the district heating network. Over time, terraces were added and the apartments were continuously renovated, particularly with regard to floors and bathrooms.

Overall, the property comprises five residential units as well as two commercial spaces and storage areas. All apartments are well rented. Of the commercial spaces located in the basement, an art studio is currently rented, while another space is currently available.

The total usable area of the building is approximately 408 m². The plot itself comprises approx. 338 m² and has an attractive building density of 0.5 to 2.0 in the core area. This creates additional development potential – an expansion of the residential area to up to approximately 520 m² appears possible.

A yield of approximately 5,2% is currently being achieved.

Arrange a non-binding viewing appointment today and see for yourself the quality of this well-maintained property.

(Net purchase price € 475.000,- + 20% VAT)

The broker is acting as a dual agent.