Townhouse near the opera with building permit for 9 exclusive apartments

GRÜNDERZEITHAUS IN TOP LOCATION NEAR GRAZ OPERA - BUILDING PERMIT FOR 9 LUXURY APARTMENTS

THE SPECIAL FEATURE OF THIS PROPERTY IS CALLED CHARM, AUTHENTICITY, CHARACTER, AND LOCATION, LOCATION, LOCATION!!

GRAZ

Styrian capital city with southern flair and countless cultural, economic, and educational offerings

MANDELLSTRASSE

Beautiful street with green courtyards in the Gründerzeit district of St. Leonhard.

High-quality enclosed block development with representative building fronts and historic facades in Neo-Renaissance styles.

The building is a five-aisle, four-story rental and commercial building with a strictly historic facade.

Architectural elements such as facade divisions, eaves and cornice moldings, wooden portals, window and door frames, grooved plinth zone are characteristic and in historic style.

The business portal next to the entrance dates from the construction period. Protected building according to § 4 GAEG

The house was started in 1872 by Franz Pfeilleck for Josef and Elise Strauß and completed in 1874 by Jakob Bullmann.

Absolutely TOP LOCATION - not only due to the modern architecture combined with this wonderful Gründerzeit house, but also the central location with the variety of Graz attractions which can be reached comfortably on foot or by public transport within a few minutes.

A rental and commercial building with potential and many possibilities, whether business address, private or investor apartment.

Thanks to the TOP LOCATION near the opera, old town, university district, city park, Kaiser-Josef-Market, and Jakominiplatz transportation hub, offers something for everyone. The courtyard - sunny and quiet, with its ownGarden areas and spacious balconies make this small but fine project additionally attractive.

CURRENT AREA 633 m²

The Gründerzeit house has a total current residential and commercial area of

• approx. 633 m² (excluding basement, stairwell corridors)


• 4 above-ground floors each with approx. 165 m² of usable space


• 1 apartment per floor (additional commercial space on the ground floor)


• Attic not developed

CURRENT RENTAL INCOME LISTING


• Ground floor commercial space 37.60 m², rented, total gross rent €348.68


• Ground floor apartment Top 100 m², rented, total gross rent €850.00


• 1st floor apartment Top 2 165 m², rented (unlimited), total gross rent €543.31


• 2nd floor apartment Top 3 165 m², vacant


• 3rd floor apartment Top 4 165 m², rented (unlimited), total gross rent €1,133.91


• Attic not developed

Total monthly: €2,875.90

Total annually: €34,510.80

LEGALLY VALID BUILDING PERMIT FOR EXPANSION INTO


• 9 residential units (approx. 816 m² living space) and 1 commercial unit (approx. 37.60 m²), stairwell approx. 79 m²


• 33.80 m² - 140 m² usable space


• 21 m² - 50 m² garden areas


• 6 m² - 18 m² cellar compartments


• modern interior design + luxurious penthouse, resulting in an additional expansion of approx. 240 m² of usable space

This stylish project offers investors, developers, or private individuals a unique opportunity to acquire an authentic Gründerzeit house, embedded in the centrally located Gründerzeit district with its characteristic large green courtyards.

Architecturally modern adapted floor plans, with great emphasis on potential uses, featuring private gardens and balconies. On 4Each building contains 2 residential units, with ceiling heights of approximately 3.5 meters typical for the time, which give the interior spaces an unparalleled spaciousness, and an exclusive, generously designed penthouse apartment that extends over 2 levels, with a loggia and direct elevator access. The apartments are accessed via a characteristic, spacious staircase as well as a new elevator system.

CALCULATION OF MARKET-BASED RENT ACCORDING TO RENOVATION AND EXPANSION

Annual rent approximately €116,000 (subject to the termination of the 2 indefinite lease agreements).

3.0 %