Multi-family house Enns, 2704 m²

Temporarily leased majority with potential for a condominium asset in Enns

Key data:

• Majority in a condominium asset (2298/3066 shares)
• 2.704 m² total usable area, of which about 439 m² living space (development 2015 to 2022) and 2.275m² undeveloped apartments & storage facilities
• 5 residential units with approx. 60 to 130m², 16 storage units and other independent spaces
• Current rent: EUR 72.220 p.a. (7,76 per m² p.m. for living)
• Target rent: approx. EUR 97.000 p.a. (8,00 per m² p.m. for living and 3,00 for storage)
• 6.231 m² total plot area

Description:

The investment property on Steyrer Straße in Enns comprises a former industrial building that was converted into residential and storage units and subdivided into condominium ownership, with the package for sale representing the clear majority of the ownership with 2.298/3.066 shares. The package includes approximately 2.704 m² total usable area, which is divided into five existing residential units (about 439 m²) and 16 storage units. Three additional apartments totaling approximately 443 m² are already approved for conversion and are currently used as storage/dog school. With a current rent of €72,220 per year, the property offers an attractive opportunity for value appreciation for investors through rent development and the significant development potential of the existing spaces.

Net purchase price EUR 1.490.000 plus 20% VAT total EUR 1.788.000.

Non-binding, non-obligatory offer. Information to the best knowledge and belief of the seller — no liability assumed for accuracy. Verbal side agreements to the offered property require written form to be effective. Mistakes, printing errors and changes reserved. In the event of successful mediation, the statutory or indicated commission in the amount of 3,0% of the gross purchase price plus 20% VAT is due for payment. The broker acts as a double broker.