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Profitable investments in real estate in Lower Austria

890,000 €
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Total area: 1,445 m² Yield: 8.0%
  • Absolute return: 67,152 €
  • 2-floor building

High income — a promising investment. Commercial property without encumbrances.


It is proposed well maintained building with a patio in Gloggnitz. Property is located in a beautiful location near the river Schwartz.

The property consists of residential and commercial premises.

Retail space

On the ground floor business premises occupy about 110 square meters. Area leased to a large company.

On the second floor there are commercial premises with an area of 290 m² trade plus 115 square meters of additional space. Square delivered at 03/01/2015.

Residential apartments

Additional space includes 3 apartments and a storage room and boiler room.

The apartment is on the ground floor area of 75 m² and offers 100 m² on the west side of the garden. Flat area of 83 square meters with balcony (10m²). The third apartment has 48 square meters of living space.

Facilities and equipment

The building has central heating. In 2012 he was overhauled (including roof repairs).

The building is equipped with an alarm system and air conditioning.

You can set the freight elevator, refrigerator. And on the road, and the entrance from the yard alarmed.


In the courtyard there are parking spaces

In the main building there is an opportunity to expand the attic and get more useful area of 250 m².

Location and infrastructure

The property is situated in a prime location Gloggnitz, commercial town in the valley Schwartz. Schwarzadal comes to selling property.

The entire infrastructure — schools, shops, doctors'offices are located in walking distance from the building.

Here well developed transport links (local bus routes and the South branch of the railway). 5 minutes is the freeway.

In Gloggnitz many beautiful places for leisure and recreation: a beautiful outdoor pool with a natural swimming pond and slides for children, tennis courts, an ice rink.

Purchase costs regulated by law

  • Transfer tax 3.5%
  • Agent commission 3.6% (incl. VAT), for buy-to-let investors 3%
  • Registration fee 1.1%
  • Legal fees 1.2–2.4% (incl. VAT), for buy-to-let investors 1–2%

Location and nearby objects

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Cafe and restaurants
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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Lower Austria
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