Flat for sale 2 bedroom • 64 m² without real estateJohann-Wilhelm-Klein-Straße Linz Katzbach Oberösterreich 4040

Investment Apartment with Future Potential – Indefinitely Rented!

The apartment is currently rented on an indefinite basis and, due to an existing older rental contract, generates a very low rent of €2.96 per m². This offers investors attractive future potential.

Due to the tenant’s advanced age, the termination of the rental agreement can be expected in the coming years. After that, the apartment will be available for new rental, owner-occupied use, or redevelopment.

Ideal for investors who want to buy at an attractive price today and benefit long-term from a significant increase in value and income.

The apartment is presented in a very well-maintained condition and was comprehensively renovated just a few years ago.

Living area: approx. 64 m² + loggia approx. 5 m²

Layout: Living room, bedroom, kitchen, bathroom, WC, storage room, entrance hall

Floor: 4th floor with elevator

Heating: Central heating with district heating

Windows: Nearly new, double-glazed with shutters

Basement: Spacious storage compartment

Parking: Sufficient parking spaces available in front of the residential building

Room Layout:

• Light-filled living room with access to the loggia & breathtaking distant views

• Large bedroom

• Spacious kitchen with window

• Large storage room

• Bathroom with shower & window

• Separate WC

• Inviting entrance hall with wardrobe

Building & Common Areas:

• Well-maintained residential complex (first occupancy in 1972)

• Common areas: Bicycle storage, laundry room, green spaces, park

• Very good energy certificate available. HWB 40 = Class B

• The building has been continuously renovated, resulting in a very good state of preservation; a roof renovation has been approved (cost per apartment approx. €6,500)

• Very pleasant neighborhood

Prime Location Right Next to JKU

This apartment is situated in an extremely desirable and quiet residential area with a park-like setting and in direct proximity to the university in the popular Dornach district.

Despite its tranquil location, it is very well connected:

• Tram and bus within walking distance, freeway access via the A7

• JKU, Science Park, schools, and kindergartens in the immediate vicinity

• Shopping, pharmacy, doctors, and leisure facilities in the immediate area

• Danube riverside for walks and sports activities reachable within minutes

• Pleschinger Lake reachable in minutes by car or bicycle

Conclusion:

This attractive apartment combines urban living with a nature-oriented, family-friendly environment. The excellent infrastructure, proximity to the university, and high quality of life make it an appealing property for investors.

Terms:

Purchase Price: €199,000

Operating Costs including elevator, reserves, and heating costs: €283 net

Repair Reserve Balance: €770,000

No commission for the buyer, no broker fee!