Investment property with approved planning in Steyr for sale!

Property with 2 apartment blocks and land reserve/approved planning for sale in Steyr.

The property offered here has a plot size of approximately 4,797m² and is located in an idyllic setting in Steyr.

Divided into 2 houses (built in 1951 & 1962), you have the unique opportunity to acquire 9 apartments with sizes ranging from approximately 44m² to 73m².

Furthermore, 5 garage parking spaces are included in the purchase price.

The total usable living space amounts to approximately 552m².

Key data of the existing property

• 2x apartment blocks with a total of 9 apartments (4 apartments were renovated in 2020 and 2023)
• 5x garage spaces
• Air heat pump & full thermal insulation

Rental income and terms

• 4x apartments are currently rented on a fixed-term basis until May 31, 2027, with an average net rent of only approximately € 7.64/m²
• 3x apartments are rented on an open-ended basis, with an average net rent of approximately € 3.84/m²
• 2x apartments currently vacant, the target rent for these is approximately net € 6.60/m² and approximately net € 8.02/m²
• Income from 2x garage spaces net € 77.24/month, 3x garage spaces currently vacant.

Current total net rent per month: € 3,141.87 (as of January 2026) plus vacant apartments of approximately 72m² and approximately 55m² and 3x garage spaces.

The current average net rent for the apartments is € 6.22/m², there is still significant potential available!

Purchase price of the existing property

• € 900,000.00
• Furthermore, the property includes a land reserve of approximately 2,783m².
• For the construction of 4 semi-detached houses (8 residential units), there is an approved building permit.

Planning for semi-detached houses

• 4 semi-detached houses - 8 residential units
• Usable living space of approximately 120m² per unit
• 3 stories
• Generous outdoor spaces (terrace and garden)
• 1 garage per unit

Purchase price for the land reserve

• € 500,000.00

Total purchase price

• € 1.4 million.
• Zoning: Residential area
• If interested, I will gladly send you more detailed documents about the property!

Non-binding, without obligation offer. Information provided to the best of knowledge and belief from the seller - no liability is assumed for correctness. Oral side agreements regarding the offered property require written form to be effective.

The buyer is responsible for all official approvals and requirements. Errors, typographical errors, and changes reserved. Viewings and consultations are free of charge; only in the event of a successful brokerage activity is the statutory or stated commission of 3% of the gross purchase price plus 20% VAT due for payment. There is an economic close relationship between the broker and the seller. The broker acts as a dual agent.

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