Profitable Tenement Building (Residential and Commercial Building) with Further Rent Adjustment Potential

Key details & overview

• Property type: Residential and commercial building / investment property with passenger lift

• Total usable floor area: 762,03 m² (plus loggias/balconies and full basement)

  • Commercial / business areas (ground floor): 144,85 m²

  • Residential areas (1st to 3rd upper floors + converted attic): 617,18 m²

• Current net rental income (status September 2026):

  • Building rental income (Units 1–11): EUR 7.133,85 net per month / EUR 85.606,20 net per year

  • Special asset – A1 mobile communications transmitter: EUR 487,50 net per month / EUR 5.850,00 net per year

  • Total income (current): EUR 7.621,35 net per month / EUR 91.456,20 net per year

• Current initial yield: approx. 5,08 % p.a. (based on the market value of EUR 1.800.000,– stated in an expert valuation)

• Year built / condition: approx. 1912/1913, attic conversion approx. 1993, passenger lift in the courtyard, solid and well-maintained structural and general condition

Investment highlights

• Special asset – A1 mobile communications mast:

  An established transmitter location of A1 is situated on the roof of the property. It provides reliable, inflation-protected net income of EUR 5.850,– per year (EUR 7.020,– gross per year), completely independent of residential vacancies or tenant turnover.

• Increased income base & full occupancy:

  Compared with the original valuation status (EUR 82.617,12 net per year), rental income from the building increased through new lettings and adjustments to EUR 85.606,20 net per year. Including the mobile communications mast, current total income amounts to EUR 91.456,20 net per year. For Apartment 8 in the attic, the subsequent tenant has already been confirmed at an increased rent of EUR 8,56/m² net.

• Further rental and value appreciation potential:

  A significant portion of the residential inventory (in particular the large units of over 100 m² each as well as Apartment 5) is still at a moderate level, with net rents between EUR 6,21 and EUR 7,69 / m². Through tenant turnover and gradual adjustments to the Linz market level (approx. EUR 9,50 to EUR 11,00/m² net), there is considerable scope to increase the annual income above the threshold of EUR 100.000,– in the medium term

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M.A. LANSKY - YOUR REAL ESTATE AGENT IN LINZ / WELS / STEYR

We point out that a family or economic relationship exists between the broker and the third party to be brokered.

The broker is acting as a dual agent.