Central Townhouse in Linz

This townhouse from around 1850 is centrally located in Linz city center and offers a net floor area of 882 m². It comprises 17 residential units, almost fully rented out. The property has significant expansion potential, particularly in the attic with panoramic views over the Danube. Ground floor and partially first floor apartments are fully renovated, including bathrooms, floors, and some underfloor heating. All windows have been replaced in recent years, except in the stairwell. Expansion and attic conversion could increase the living space to approx. 1,200 m².

Highlights

• 17 units, almost fully rented (15 fixed-term, 2 indefinite)
• Net floor area 882 m², expansion potential to 1,200 m²
• Central location with good visibility and connectivity
• Renovated in ground floor and partially upper floor (bathrooms, floors, underfloor heating)
• New windows throughout the building
• 4-6 parking spaces in courtyard
• No heritage protection
• Yield approx. 4.73 %

Location & Surroundings

The townhouse is in the core area of Linz city center, just 2 minutes to the main square. The Danube embankment is approx. 100 m away, Lentos Art Museum approx. 80 m. The train station is approx. 2.5 km away. Linz, with approx. 214,000 inhabitants, is Austria's third-largest city and features growing infrastructure. Salzburg is approx. 130 km and Vienna approx. 180 km away.

Additional Information

• Purchase price: EUR 2.25 million plus ancillary costs
• Heating demand: 141 kWh/(m²a), class D
• Yield: approx. 4.73 %
• No elevator present