Investment with stable yield: Renovated majority share in a residential and commercial building in prime location of Linz-Urfahr

An attractive majority share in the property at Hauptstraße 35, 4040 Linz-Urfahr, is offered for sale.

The owner holds 744 of a total of 1,242 allocated ownership units and therefore owns around 60% of the allocated ownership units in the entire property. The sale includes the economically significant residential and commercial units in the building.

The residential and commercial building has been continuously maintained and renovated in key areas. The units offered for sale are also in well-maintained condition and offer an attractive combination of ongoing income and long-term potential for appreciation.

Units included in the sale

• Commercial unit Top 2
• Apartment Top 3
• Apartment Top 4
• Apartment Top 9
• Apartment Top 10
• Courtyard building
• Attic

Total allocated ownership share: 744 / 1,242 allocated ownership units (approx. 60%)

Income situation

The units are rented out and currently generate an annual net rental income of around € 95,200,–.

• Metric
  • Value
  • Annual net income
  • approx. € 92,500,–
  • Purchase price
  • € 1,750,000,–
  • Initial yield
  • approx. 5.3% p.a.

Investment highlights

• Majority interest with around 60% of the allocated ownership units
• Residential and commercial building in a central location in Linz-Urfahr
• Property and units offered for sale renovated
• Commercial spaces rented out on a long-term basis
• Attractive mix of apartments
• Ongoing net income of around € 92,500 p.a.
• Excellent infrastructure and transport connections
• Solid potential for appreciation in an inner-city location

Property details

• Address: Hauptstraße 35, 4040 Linz
• Plot area: 649 m²
• Year of construction: approx. 1907
• Use: Residential and commercial building
• Units according to the valuation report:
  • 2 commercial premises
  • 8 apartments
  • Courtyard building/office unit
  • Attic
• Energy performance figures:
  • HWB Ref,SK: 120 kWh/m²a
  • fGEE: 2.12

We would be pleased to provide further information, lease documents, detailed income breakdowns and viewing appointments.
Arrange a non-binding consultation and viewing appointment by email at [email protected]

Please note that, in the event of a purchase, the customary local estate agency commission is payable.

Please note that there is a family or economic relationship between the broker and the third party to be brokered.

The broker acts as a dual agent.

Dual agency/relationship
Please be advised that, in accordance with established business practice, we act as a dual agent. We would also like to draw your attention to existing economic and family relationships. An existing economic relationship arises from a regular business connection.

Information on the right of withdrawal and withdrawal rights for distance and off-premises contracts
The interested party is informed that, for a consumer who concludes the brokerage agreement outside the broker’s business premises or exclusively by means of distance selling pursuant to § 11 FAGG, there is a right to withdraw from this agreement within 14 days. The withdrawal period begins on the day the contract is concluded. The notice of withdrawal may be submitted using the withdrawal form provided, but is not subject to any specific form.

If the broker is to act before the expiry of this fourteen-day withdrawal period (e.g. sending detailed information, arranging a viewing appointment), this requires an express request by the interested party, who thereby loses their right of withdrawal if the contract is fully performed within this period.

Due to a differing business practice, the real estate broker’s service is deemed to have been fully performed once the business opportunity has been disclosed, particularly if the interested party does not request or enable any further activities by the broker. In this case, the brokerage agreement can no longer be revoked and forms the basis for a commission claim if a legal transaction is subsequently concluded concerning a business opportunity disclosed by the real estate broker.

In the event of withdrawal pursuant to § 11 FAGG, the consumer undertakes not to make use of the information obtained.