8010 Graz - St. Leonhard
Apartment house jewel in top location
TOP LOCATION NEAR CITY PARK / OLD TU | 1200 SQM USABLE SPACE
TEMPORARY FULL RENTAL | ROOF TERRACE | COURTYARD
Highlights
+ Beautifully preserved Gründerzeit-interest house with very good renting thanks to top location
+ Profitable leasing mix with students and commercial - fully leased since time immemorial
+ 150 m2 large roof terrace, accessible by elevator, with 360° panoramic view of Graz
+ Potential: 1-2 penthouse apartments on DG/4th floor with roof terrace above
Photos
Key data
Building: load-free Gründerzeit-interest house from approx. 1890; effective area: 1,216 m2; 80cm solid brick exterior walls; gas floor heating; energy certificate in progress
Units: 4 stores (ground floor), 4 shared apartments with 26 separately accessible rooms, 3 x 2-ZI apartments, one 1-ZI apartment
Equipment: 3m room heights, apartments with partly as good as new kitchens, real wood parquet, elevator from basement to roof terrace, 150m2 roof terrace with all-round view over Graz; courtyard driveway with 2 car parking spaces as well as bicycle parking spaces.
Condition: very good condition; no immediate need for renovation
Top location: City center, city park and universities (University of Graz, TU, Art University) as well as local suppliers within walking distance.
Letting: temporary full letting, no old leases, long-term tenants in stores as well as shared flats fully let for decades; expert opinion for location surcharge
Rental income: approx. 148,000 euros per year; yield (depending on purchase price) 2.5 to 3.0%.
Potential: Construction of 1-2 penthouse apartments on the 4th floor with terrace above.
Price