Apartment building

This well-reconstructed historic building with 15 apartments, 2 non-residential units, and a studio for expanding the usable space with an attic is located in the city center, in close proximity to Wenceslas Square and the National Museum.

Key investment criteria

  • gross floor area 1,796 sq. m.
  • net leaseable area 1,540 sq. m.
  • current yield 3.67% p.a.
  • some units are currently rented short-term, some long-term
  • potential to increase the leasable area by an extension, study to increase by approx. 190 sq. m. the net rentable area
  • sale in the form of a transfer of a property (share deal)


Property description

  • building built in 1920
  • complete reconstruction in 1996–1997, then regular maintenance and partial modifications
  • 4 above-ground floors, basement, and an attic
  • brick structure (wall thickness 45–60 cm), gable roof with dormers and skylights
  • wooden Euro windows
  • stone staircase, exterior sandstone cladding 
  • floors: parquet, tiles, granite
  • basement: cellars, boiler room, office, corridor, cleaning, and storage
  • ground floor: entrance hall, hall, staircase, shop, restaurant, and 2 apartments accessible from the courtyard
  • 1st-5th floors: apartments, corridors, stairs
  • balcony overlooking the southwest-facing paved courtyard with flower beds
  • elevator (capacity 750 kg)
  • apartments on the ground floor boast air-conditioning and underfloor heating
  • central gas heating and DHW heating (2 x Vaillant boilers from 2020)
  • master key, chip access system, thick wooden front door
  • cable and satellite TV distribution, Vodafone Internet

Location
An excellent area right in the center of New Town, on a one-way side street leading to Wenceslas Square. Within a short walking distance is the Muzeum transfer station (lines A and C) or the Karlovo náměstí station (line B), tram stops, the Main Railway Station, and complete civic amenities.

Gross area 1,796 m2, net leaseable area 1,540 m2, built-up area 478 m2, plot 478 m2.

Furnishing

  • Elevator

Overview table

  • Reference number
    102384
  • Sales price
    Price upon request
  • Building's net floor area
    1 540 m²
  • Cellar
    Yes
  • Total gross floor area
    1 796 m²
  • Footprint
    478 m²
  • Plot
    478 m²
  • Building Energy Rating
    G
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The data presented in this listing is purely informative in nature and as such does not give rise to anyone’s entitlement to a contract based on this offer. Svoboda & Williams Slovakia s.r.o. mediates the information gained in good faith from the owner of the property and therefore bears no responsibility for its completeness or accuracy.
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