Apartment block - Rheintal investment property

Description of the

Click here: "WENET AG - Image Film - YouTube" Fully let capital investment This apartment block with 6 units was extensively renovated and extended around 1988. The property has been continuously maintained and is in good condition. A total of 6 residential units and workshop/storage area: 1x 2.5-room flats 2x 3.5-room flats 1x 4.5-room flat 2x 5.5-room flats, without balconies. Interior fittings with conventional finishing standards and low-maintenance materials - some newer and refreshed, some older and demodded. Facts + 7 parking spaces, 4 car garages + Fully let + Good condition Usual in-house infrastructure areas with central laundry room, bicycle room, vaulted cellar and cellar compartments. Surrounding area with landscaped and paved areas. Excellent car park with 7 outdoor parking spaces and 4 car garages. A solid, sustainable investment that always meets with healthy tenant demand. Quiet and family-friendly residential area within an intact residential neighbourhood. Partly attractive views. Access via well-developed neighbourhood roads with low traffic volume. Spacious, polygonal plot with terrain sloping slightly to the south, allocated to the two-storey core zone [K2]. Certain legal and actual expansion reserves available. Local infrastructure mostly within short to medium distances. Existing building: 4-family house with 4 garages and 2-family house with workshop built together. Solid, partly historic basic structure.SennwaldThis spacious property is located in the centre of Sennwald, yet in a quiet, sunny location. Benefit from the attractive, quiet and well-developed location with short distances to schools, public facilities and local recreation areas. Sennwald itself is located in a rural area surrounded by unique natural scenery. Predominantly a residential location with local businesses as well as certain well-known larger industrial companies along the motorway with an attractive range of jobs. Partly orientated towards Buchs or the Principality of Liechtenstein. Development potential thanks to proximity to the Principality of Liechtenstein. Local infrastructure such as schools, shopping, leisure activities available within the usual framework. Salez SBB railway connection. Motorway access to the A13 in Sennwald and Haag. Very attractive shopping centre with major retailers in the Haag district. 9466 Sennwald is located in the Werdenberg electoral district, in the canton of St. Gallen. The population in the political municipality of Sennwald has changed by an average of +1.8% per year over the last five years to 5,665 inhabitants (as at 31 Dec. 2019). The tax burden is 11.1% (canton: 12.4%). Over the last five years, the municipality has recorded an average annual residential construction activity of 2.4%, while the vacancy rate is currently 1.1% (as at 1 Jun. 2021).

Location

This modern property in mint condition is located in the idyllic municipality of Sennwald in the canton of St. Gallen. The quiet location on the edge of the village and the surrounding nature are ideal for relaxing walks and bike rides. The nearby Rhine also offers a wide range of leisure activities. The nearest larger towns are Buchs and Altstätten, which are both around 10 minutes away by car. There you will find all the important shops and services as well as public transport connections. The Swiss Alps can be reached in around an hour's drive and offer a wide range of leisure activities at any time of year. The proximity to Liechtenstein and Austria also opens up further excursion possibilities.