Central attic development potential apartment

The apartment building on Dametzstraße, built around 1850, has a total usable area of approximately 690 m², distributed across two commercial units and six apartments with areas between approximately 50 and 130 m². The building has already been surveyed, and current survey plans are available. The property is situated on a 739 m² plot and has a well-maintained garden in the inner courtyard. In addition, the attic, with an area of approximately 400 m², offers considerable potential for expansion; an initial concept by a renowned architect is already available.

Current rental income amounts to approximately EUR 35.467 net per year, corresponding to an average rent of around EUR 8,64 net per m² per month for the rented area. One apartment is rented on a fixed-term basis until September 2031, and one apartments is rented on an open-ended basis (tenant's age 82). The other residential units are deliberately vacant at present. Renting out the vacant units and future re-lettings can sustainably increase ongoing income; a more comprehensive development concept or a new build also offers further potential. There is already an interested party for renting the vacant apartments (provider of corporate apartments).

The location on Dametzstraße stands out for its excellent transport connections and the Linz city centre being within walking distance. Local shops, schools, doctors, Landstraße and tram stops are all in the immediate vicinity, ensuring a high-quality location for both residential and commercial use.

For questions or to arrange an appointment, Mr Andreas Landerl will be happy to assist you at any time: by phone on 0664 / 1277 033 or by email at [email protected]

Non-binding offer, subject to change. Information received from the seller to the best of their knowledge and belief; no liability is accepted for its accuracy. Verbal ancillary agreements relating to the offered property must be made in writing to be effective. Errors, typographical errors and changes excepted. In the event of a successful brokerage, the statutory or stated commission of 3,0% of the gross sale price plus 20% VAT is payable. The agent acts as a dual agent.