Attractive investment property with development potential in St. Gallen

At Waldsteig 6 in the popular Heiligkreuz district, this apartment building with 5 units is for sale. The property was built in 1970 and has 3 floors. With approximately 400 m² of net living space, around 215 m² of usable space, and a spacious plot of 1,414.77 m², the property offers a solid foundation for investors.

The property is located in the W2 residential zone and, according to the available information, has project and expansion potential. This connects the apartment building to ongoing rental income with interesting perspectives for long-term development. The existing use can serve as a starting point for a gradual upgrade or a more extensive construction review.

The building includes 2 separate garages and 2 parking spaces. Garden, seating areas, and terraces complement the offer and create an attractive outdoor area for residents. The house does not have an elevator.

Heating is provided by a gas heating system, and heat distribution is via radiators. The existing building structure and the simple to standard expansion standard offer opportunities to embed modernization measures in a long-term investment strategy.

Highlights:

• Apartment building with 5 units
• Approx. 400 m² of net living space and approx. 215 m² of usable space
• Spacious plot with 1,414.77 m²
• W2 residential zone with project and expansion potential
• Year of construction 1970, 3 floors
• 2 garages and 2 parking spaces
• Garden area as well as seating areas and terraces

The location in St. Gallen-Heiligkreuz convinces with its proximity to shopping facilities, schools, and public transport. St. Gallen St. Fiden train station, bus connections, and the A1 highway are easily accessible. At the same time, the property benefits from the quiet environment near the municipal border with Wittenbach.