Well Maintained Investment Property with Underground Parking and District Heating

The Magerweg in Linz-Ebelsberg is one of the sought-after residential locations in the south of the state capital and impresses with its traffic-calmed location as well as excellent infrastructure. Shopping facilities, schools, kindergartens, medical facilities and numerous leisure activities are located in the immediate vicinity. Particularly noteworthy is the very good connection to public transport: The Straßenbahnlinie 2 as well as Linz-Ebelsberg railway station are quickly accessible and ensure a comfortable connection to Linz city centre and the regional transport network. The motorway connections and Wiener Straße are also reachable in a short driving time and ensure a high location attractiveness for prospective tenants.

The fully let apartment building comprises a total of 13 residential units and is located on a property in sole ownership. Self-management enables lean and economical management with short decision-making paths and low administrative effort. The building as well as the entire residential complex present themselves in an extremely well-maintained overall condition. There are currently no known renovation or repair requirements, which makes the property a long-term solid capital investment with predictable management costs.

Another advantage is the well thought-out equipment of the property. Residents have access to an underground car park with seven parking spaces as well as an additional outdoor car parking space. The south-facing communal garden offers additional value and is used as a seating area, children's playground, recreation area or for drying laundry. These communal open spaces increase the quality of living and make an important contribution to long-term tenant retention.

For investors, the property offers interesting development opportunities. The almost exclusively fixed-term tenancy agreements create the possibility of gradually adjusting rental income to the current market level within the framework of the statutory provisions and thus achieving sustainable additional income. In combination with the complete letting, the sole ownership, the self-management and the excellent state of preservation, the property offers an attractive combination of stable ongoing income and long-term value appreciation potential.

Another significant advantage is the connection to the Linz district heating network, which, as a reliable, low-service and maintenance-friendly heating solution, contributes to long-term economical management. In addition, heating costs are billed directly between the tenants and Linz AG, which significantly reduces the administrative effort for the owner and eliminates the need for a complex heating cost statement.

The combination of sought-after residential location, excellent infrastructure, excellent public transport connection, well-maintained building fabric and economically interesting framework conditions makes this apartment building a sustainable investment for investors who value long-term value retention, low maintenance risks and continuous income.

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In accordance with § 5, para. 3 Maklergesetz, we point out that we act as dual agents.

Please note that due to the obligation to provide evidence to the owner, we can only process enquiries with complete details of the address and telephone number.

We point out that all information has been prepared to the best of our knowledge and belief.

We accept no liability for information and details provided to us by the owners and third parties.

This offer is non-binding and subject to change. Interim utilisation, errors, printing errors and changes reserved.

The agent acts as a dual agent.

Infrastructure / distances

• Health
  • Doctor <1.000m
  • Pharmacy <500m
  • Clinic <3.000m
  • Hospital <4.000m
• Children & schools
  • Kindergarten <500m
  • School <500m
  • University <4.500m
  • Secondary school <6.500m
• Local supply
  • Supermarket <500m
  • Bakery <1.000m
  • Shopping centre <2.500m
• Other
  • Bank <500m
  • Cash machine <500m
  • Post office <1.000m
  • Police <1.000m
• Transport
  • Bus <500m
  • Tram <500m
  • Railway station <2.500m
  • Motorway connection <2.000m
  • Airport <5.500m

Distance information as the crow flies / Source: OpenStreetMap