6,2% Rendite Historisches Zinshaus Im Herzen Der Stadt

Investment Property with 4 Apartments, Storage Spaces, and Ongoing Rental Income

Located in the heart of Mistelbach, this exceptional historic rental building with four apartments, several storage areas, garages, and a rented advertising space is now for sale.

The property combines a very central location with existing rental income, multiple independent units, and additional rental potential.

The building is one of the oldest houses in Mistelbach. The medieval core was first documented in 1568 and is now a protected historic monument.

Especially interesting for investors: The apartments and most of the ancillary spaces are already rented. The buyer thus takes over an existing investment property with ongoing income.

THE INVESTMENT AT A GLANCE

• Purchase Price: €575,000


• Net Annual Rent: approx. €35,800 (excluding operating costs and VAT)


• Gross Rental Yield: approx. 6.2% based on the purchase price


• Land Area: approx. 427 m² freehold


• Living Area: approx. 227 m²


• Apartments: 4 units


• Storage Spaces: 5 units


• Additional Income: rented advertising space


• Additional Potential: Storage 5 with approx. 34.57 m² currently vacant


• Lease Agreements: value-secured according to CPI 2020


• Location: directly in the center of Mistelbach


• Train Station: approx. 450 m


• Regional Hospital: approx. 600 m

WHY THIS INVESTMENT?

The property offers an interesting combination of ongoing income, central location, and manageable size.

With four apartments, several storage spaces, and an advertising area, the income is diversified across multiple leases.

Additionally, the currently vacant storage room offers further rental potential.

The central location is particularly attractive for sustainable rental demand: local amenities, doctors, pharmacy, public transport, and numerous daily necessities are all within immediate reach.

Mistelbach train station is only about 450 meters away, and the Mistelbach-Gänserndorf regional hospital is around 600 meters.

This makes the property suitable both for experienced real estate investors and for those looking to take the next step from individual condominiums to owning their own rental building.

RENTAL INCOME

Four apartments and four of the five storage spaces are currently rented.

Apartments

• Unit 1 – Ground Floor
  approx. 45 m² | 2 rooms with vaulted ceiling
  Rent: €620 per month including operating costs
  Lease term until 05/2031


• Unit 2 – Ground Floor
  approx. 35 m² | 1 room | renovated in 2026
  Rent: €620 per month including operating costs
  Lease term until 04/2031


• Unit 3 – Upper Floor
  approx. 107 m² | 5.5 rooms | four separate bedrooms
  Rent: €1,200 per month including operating costs
  Fixed-term lease


• Unit 4 – Upper Floor
  approx. 39 m² | 2 rooms | includes parking space
  Rent: €620 per month including operating costs
  Fixed-term lease

Storage Spaces

• Storage 1: approx. 19.5 m² | €145/month


• Storage 2: approx. 20 m² | €100/month


• Storage 3: approx. 15.5 m² | €70/month


• Storage 4: approx. 26 m² | €170/month


• Storage 5: approx. 34.57 m² | currently vacant

Additional Income

• Advertising space on the facade: €100/month net

All existing leases are value-secured according to CPI 2020.

The four apartments fall under the full application of the Tenancy Act (MRG) with reference rents, while the storage rooms are rented under the General Civil Code (ABGB).

A detailed rent list and existing lease agreements are available to interested parties in the data room.

INCOME & RETURN

The current monthly billing at full occupancy is approximately €3,645 including operating costs.

For yield calculation, the net annual rent excluding operating costs and VAT of around €35,800 is relevant.

Based on the purchase price of €575,000, this corresponds to a gross rental yield of about 6.2% before purchase incidental costs and non-recoverable expenses.

The currently vacant storage room of approx. 34.57 m² is not yet included in this net annual rent and thus offers additional income potential.

CENTRAL LOCATION IN MISTELBACH

Kreuzgasse 3 is located directly in the center of the district capital Mistelbach.

The combination of downtown location, public transport connections, local amenities, and proximity to the regional hospital creates excellent conditions for long-term rental.

Many daily necessities are within easy walking distance:

• Doctor: approx. 75 m


• Supermarket: approx. 75 m


• Bakery: approx. 75 m


• Pharmacy: approx. 200 m


• Bank: approx. 200 m


• Post Office: approx. 200 m


• Bus: approx. 75 m


• Mistelbach Train Station: approx. 450 m


• Regional Hospital: approx. 600 m

As a district capital, Mistelbach offers extensive educational, healthcare, shopping, and leisure infrastructure and has direct rail connections to Vienna.

HISTORIC SUBSTANCE WITH CHARACTER

This property is not an ordinary investment object.

The medieval core was first documented in 1568. The ground floor includes an original cross-ribbed vault and a barrel-vaulted entrance with groin vaults.

The building is continuously in use and is regularly maintained. Unit 2 was renovated in 2026.

Inside the property is a quiet courtyard with seating, which can be used communally by the apartment tenants.

Heating for Units 1, 2, and 4 is provided by gas convectors. Unit 3 has a gas central heating system.

MONUMENT PROTECTION & TAX BENEFITS

The property is under monument protection due to its historical significance.

Certain structural changes must be coordinated with the Federal Monuments Office.

At the same time, owners may benefit from tax advantages through favorable depreciation of renovation expenses when carrying out appropriate restoration work.

The specific tax treatment depends on the buyer’s personal and tax situation as well as the measures taken and should be clarified with their own tax advisor.

AN INTERESTING RENTAL BUILDING FOR THE NEXT INVESTMENT STEP

Four apartments, several storage spaces, existing leases, value-secured contracts, and a central location—all in a property size that remains manageable for a private real estate investor.

This makes Kreuzgasse 3 particularly attractive for investors who have experience with individual apartments and now want to take the step to owning their own rental building.

It also offers experienced portfolio holders an interesting opportunity to expand an existing portfolio with a historic investment property in a central location.

• Purchase Price: €575,000


• Net Annual Rent: approx. €35,800


• Gross Rental Yield: approx. 6.2%


• Additional Rental Potential Available

We are happy to provide detailed rent lists, lease agreements, and further property documents to serious interested parties.

We look forward to your inquiry and a personal viewing of the property.

Please note that there is a familial or economic close relationship between the broker and the third party to be brokered.

The broker acts as a dual agent.