Exclusive investment opportunity in Graz – Fully let residential building in prime location

Residential building in top location

We are pleased to present a first-class investment property in the provincial capital of Graz. This outstanding residential complex is located in one of the best locations in the city, in absolute proximity to the renowned and largest university in Graz, the Karl-Franzens-University, as well as to the medical university, the MED-Uni Graz, and the state hospital in Graz, the LKH Graz.

Location and surroundings

• Top location: The property is located in one of the most attractive districts of Graz, with first-class public transport connections and extensive shopping facilities in the immediate vicinity.
• Educational institutions: The University of Graz is only a few minutes away (approx. 550m). The MED University Graz (approx. 1.4km) and the LKH Graz (approx. 1.3km) are also within walking distance.
• Infrastructure: The attractiveness of the location is enhanced by a very good infrastructure in the surrounding area, such as doctors, pharmacies, grocery stores, restaurants, as well as sports and leisure facilities, such as the university sports center (USI Rosenhain).

Property details

• Fully let: The residential complex with residential units ranging from approx. 31m² to approx. 63m², all of which have generous open spaces, is fully let and thus offers immediate and steady rental income.
• Attractive architecture: The building is characterized by a modern design and very good floor plans.
• Furnishings: Each residential unit is furnished in a contemporary style and offers appropriate living comfort. Balconies, terraces and green spaces provide additional quality of life. Each residential unit also has its own cellar compartment.
• Parking facilities: There are covered car parking spaces on the property, as well as a private, locked bicycle and two-wheeler parking space.
• Profitability: Thanks to the prime location and the high demand for living space near the university in Graz, this property is a secure and profitable investment.
• State of maintenance: The building is in very good condition and has no maintenance or repair backlog.

Investment highlights

• Attractive yield: An attractive yield is guaranteed thanks to full occupancy and the high demand in this prime location.
• Appreciation potential: The location in one of the most up-and-coming districts of Graz, as well as the generally increasing demand for rental apartments, especially near the university in the city of Graz, promises a continuous increase in value.
• Stable rental income: Fixed-term rental agreements, as well as high demand when tenants change, ensure planning security and stable income that tends to rise.
• Current rental income: The property currently generates a net rent of around EUR 99,100 per year (excl. operating costs, net).

Transaction process

The sales process is divided into two phases.

• Phase 1: Transmission of general information on location and profitability, as well as a confidentiality agreement.
• Phase 2: After returning the confidentiality agreement, potential interested parties are given access to a detailed data room.

After reviewing all documents, potential interested parties are invited to submit offers at standard market conditions.

Seize the opportunity to invest in a premium property in one of Austria's most dynamic cities. For further information and to arrange a viewing appointment, please contact us at any time.

NOTE

The information provided by us is based on information and details provided by third parties, in particular by the sellers, and is therefore without guarantee.