Ertragsobjekt mit Entwicklungspotential in Wels/Zentrum

This investment property in 4600 Wels stands out due to its central location near the main square. All important facilities such as doctor, pharmacy, clinic, school, kindergarten, university of applied sciences, supermarket, bakery, bank, ATM, post office, police, bus and train station are within walking distance. Perfect for a secure and attractive return on investment in Upper Austria.

Land area approx. 987 m²

• leased net usable area approx. 1200 m² (38 dormitory rooms as well as offices)
• full basement approx. 400 m² - of which approx. 100 m² rented as storage
• 9 outdoor parking spaces
• 9 underground parking spaces

The roof, heating, sanitary facilities, windows, facade, electrical installations, floors, tiles, painting work and interior doors have been improved. The building is thus in an average condition, a photovoltaic system has been installed. The central and sought-after residential and commercial location in the center of Wels – TRAUNGASSE 16 - speak for themselves. Purchase price € 2,7 Mio plus 20 % VAT. A monthly net rental income of approx. € 11.500,-- thus yields a return of approx. 5%.

The existing full occupancy can, according to the owner, be terminated in the near future, which will not prevent a conversion into apartments with accompanying full renovation. The sale price has now been reduced and remains as a basis for negotiation.

For a viewing, Paul Füreder can be reached at +436765545081.

The broker acts as a dual agent.