Rental property Birkfeld, 448 m²

For sale is a tenement house in Birkfeld, located in the eastern Styrian hill country, not far from the district capital Weiz.

The property comprises a total of 8 units, consisting of:

• 7 apartments, all currently rented
• 1 workshop, currently not rented

The property offers a solid starting basis for investors with a focus on ongoing income and development potential. In 2023 the apartments were expanded. The facade and also the windows were renovated at that time. Natural wear and tear of the property is however given.

Revenue overview

• Monthly net rental income: EUR 2.656,93 (incl. 10 % VAT) or, for renting the workshop, around EUR 3.016,93 (incl. 10 % VAT)
• Monthly operating costs total: EUR 696,50

Due to the existing tenancy arrangements, a stable cash flow exists. The vacant workshop offers additional potential for income growth.

Location & Infrastructure

• The property is in a good location within Birkfeld, a well-established municipality with functional infrastructure.
• Birkfeld convinces through:

• Proximity to Weiz: about 20–25 minutes' drive to the economically significant region around Weiz
• Local amenities: shopping facilities, schools, medical care and gastronomy are available
• Transport connections: good accessibility to the surrounding towns and municipalities
• Leisure & quality of life: nature-rich surroundings with diverse recreational and leisure opportunities

The combination of rural quiet and proximity to a regional economic center makes the location attractive for tenants in the long term.

Investment Highlights

• Fully rented housing stock
• Ongoing income from day one
• Additional rental option (workshop)
• Attractive micro-location with stable demand
• Development potential present

Conclusion

This tenement house in Birkfeld represents an interesting opportunity for investors looking for an existing property with stable income and additional potential. The location near Weiz as well as the existing tenancy provide a solid foundation for a sustainable capital investment.

We look forward to your inquiry and, upon further interest, are happy to provide additional documents (rent schedule, construction condition report, plans, NW assessment, etc.).

Note:

The stated price is a guide price that may change up or down due to current demand. The price assumption is subject to the approval of the seller.

Information pursuant to legal requirements:

Heating energy demand: 209.2 kWh/(m²a) Heating energy demand class: F Overall energy efficiency factor: 2.2 Overall energy efficiency class: D

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