Project package for developers: Two approved residential construction projects in St. Jakob im Walde

Two approved development projects for sale in St. Jakob im Walde, Austria, together present an attractive investment opportunity. On a centrally located property in the popular recreational and tourism region, a conversion of a former inn into an apartment house with 25 units and a modern new build with 14 apartments are planned. The overall complex offers high development potential – for both tourism and permanent residential use.

The advantages of this project at a glance:

• Two approved development projects with a total of 39 residential units
• Central location in St. Jakob im Walde
• Renovation project: apartment house with 25 units
• New-build project: residential building with 14 units, barrier-free access with a lift
• Both projects with approved submission plans, building descriptions and technical documentation
• Plot area Renovation project: approx. 3,600 m²
• Plot area New-build project: approx. 1,240 m²
• Zoning: general residential area (WA), development density up to 1.4
• Need for housing for young families in the municipality
• Year-round destination: hiking, cycling, cross-country skiing, skiing
• Successful tourist environment

The overall project

• Renovation of Kirchenwirt (Project 1): The former Kirchenwirt will be converted into a modern apartment house with 25 units. Planned are the installation of an elevator, the expansion of the attic, and a comprehensive thermal renovation of the building. Additionally balconies, a wellness area, common rooms and a gastronomy area on the ground floor. An underground garage with 26 parking spaces, a bicycle storage and a waste room are also part of the project.
• New build on former sports area (Project 2): On the directly adjacent property a new building with 14 apartments will be erected. The modern residential complex will be built in reinforced concrete construction with an extensively greened flat roof. Equipment includes an elevator, covered car parking spaces, a bicycle room as well as terraces, balconies and a community garden.

STATUS AND PLANNING STAGE

Both projects are in a state of permitted construction. For the renovation of Kirchenwirt the static, energetic and fire protection requirements are comprehensively documented. The access is via the municipal road and the municipality's district heating supply. The designation of both areas is as a general residential area with high development density. A comprehensive project dossier including submission plans, gross floor area calculation, building description and energy certificates is available.

THE PROPERTY

The project properties are located in a good micro-location directly in the center of St. Jakob im Walde. The access is fully provided (water, electricity, sewer, district heating). The properties are owned by the project company Waldheimat Consulting und Projektentwicklung GmbH, which can also be taken over on request.

The purchase price for both properties including planning documents amounts to EUR 650.000,00. When purchasing through the existing GmbH (including full share capital), the effort is reduced by the elimination of various ancillary costs (land register, contract costs, etc.).

For the execution, the architectural firm ARGE Kaiser Franz is available as a project partner. If there is further interest, a direct connection to the owners can be arranged and more in-depth project documents can be provided.

For answers to further questions and for viewing appointments I am available daily, including weekends, from 08:00 to 22:00.

I look forward to hearing from you,
Wilhelm Rossmair
+43 664 54 24 481
[email protected]

The broker acts as a dual agent.

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