Investment Property with Core Area Designation - Extension Already Approved - Share Deal Possible

This property is being sold in an open bidding procedure.

Minimum price / lowest bid € 1.500.000,--

This vacant rental house is located in the Welser Bahnhofstraße, around the corner from the Raiffeisenbank at the Welser Kaiser Josef Platz, and is thus in immediate central location.

The property comprises approximately 848m2 of land area on which there is currently an existing building (facade is under monument protection) with 7 residential units and approximately 593,36m2 of usable living space.

With renovation and new construction or extensions, a total of approximately 894,56m2 of usable living space and 10 residential units on 4 floors including the attic can be created (see building-permit approved planning in the attachment).

For a private investor, the monument protection is advantageous in that it can be depreciated over 15 years.

If I have aroused your interest, please contact me via the respective portal; I will gladly send you the remaining documents.

Kind regards

Christoph Pichler

(certified property trustee BT & IM)

General: Please note that due to the obligation to provide evidence to the owner we can only process inquiries with complete information such as name, address and telephone number. We explicitly point out that all information has been prepared to the best of our knowledge. Errors, printing errors and changes excepted.

Purchase costs: Real estate transfer tax 3,5 %, land registry entry fee 1,1 % plus VAT, notary costs, any financing costs (see annex: ancillary costs overview)

Brokerage commission: The success fee for CH Immo GmbH, as an independent cooperation partner of TREND Immotreuhand Gmbh, for the brokerage activity as well as all related activities amounts upon the conclusion of a valid legal transaction to 3 % of the purchase price plus 20 % VAT. The legal bases of the brokerage activity can be found in the annex of the ancillary costs overview. We also point out the function as a dual broker, as well as a close economic relationship with the seller.