Income property on the main square of St. Veit: top yield in prime location

Rental building at the main square of St. Veit: Top return in a prime location

This spacious residential and commercial building with courtyard and ancillary building is situated on a plot of approx. 950 m² in a first-class central location directly on the historic main square in the city centre of St. Veit and is perfectly suited for investors, investment companies or entrepreneurs. There are up to eight parking spaces in the courtyard that belong to the property.

The listed building, constructed around 1899, offers a total usable area of approx. 1,069 m², distributed over the ground floor, 1st and 2nd upper floors. All usable areas are rented, for which a benchmark rent is set by the State of Carinthia. The current annual net rental income for all areas amounts to around € 75,000.

Areas:

• Ground floor:
  • Commercial area 1: approx. 103 m²
  • Commercial area 2: approx. 122 m²
• 1st upper floor:
  • Office 1: approx. 156 m²
  • Office 2: approx. 141 m²
  • Office 3: approx. 26 m²
• 2nd upper floor:
  • Apartment 1: approx. 129 m²
  • Apartment 2: approx. 154 m²
• Ancillary building:
  • Storage areas ground floor: approx. 140 m²
  • Storage areas 1st upper floor: approx. 98 m²

The house has a partial basement of approx. 79.52 m² (area according to the floor plan) and is divided into a cellar room and the heating cellar. The high attic of the main building also provides additional space.

Areas in the courtyard:

The 8 parking spaces in the courtyard of the property can be accessed directly via the driveway through Bräuhausgasse.

Location:

The property is centrally located on the main square of St. Veit an der Glan. The immediate surroundings offer very good infrastructure with local suppliers, banks, doctors, pharmacies and restaurants. Public facilities and service businesses are within walking distance.

The old-town location provides stable footfall through retail, gastronomy and service businesses and makes the location particularly attractive for both residential and commercial purposes. The state capital Klagenfurt, Klagenfurt Airport and Lake Wörthersee can be reached by car in approx. 20 minutes.

The property is suitable for various commercial uses, including as an office, medical practice, studio or service area. Due to its location and flexibility of use, the property is suitable both for owner-occupation and for letting.

The rental building impresses with its top location on the main square in a lively, well-connected and economically stable district capital. The combination of central accessibility, high-quality infrastructure, historic identity and active city life makes this location a preferred address for residential and commercial purposes in the heart of Carinthia.

Whether as a high-yield rental property (approx. 5 % return despite a life annuity agreement), for partial owner-occupation or as a long-term investment – this property combines solid substance, a central location and versatile development potential.

We would be pleased to personally present the property to you as part of a viewing.

We look forward to your enquiry!

Do you need support with financing the property? We cooperate with selected, independent financing providers and would be pleased to put you in contact with them so that you can quickly, easily and without obligation receive financing proposals.

We are available to provide further information or arrange viewings at any time. We ask for your understanding that we can only conduct viewings if you provide your complete contact details, as we are required to provide proof to the seller.

The information contained in this exposé, in particular regarding areas, floor plans and plot size, is based exclusively on the documents and information provided by the seller or third parties - errors excepted. The broker has not carried out an independent inspection or remeasurement.

The stated residential, usable and plot areas are therefore to be understood as non-binding guide values. It is expressly pointed out that the floor plans shown may not be to scale and may differ from the actual conditions and dimensions on site.

Liability of the broker for the accuracy, completeness and currency of this information is excluded to the extent legally permissible.

Ancillary costs of the purchase agreement:

• 3.5 % real estate transfer tax
• 1.1 % land register registration fee
• Preparation of the purchase agreement and escrow administration according to the tariff schedule of the agreement drafter
• Commission 3 % of the purchase price plus VAT.

This offer is non-binding, subject to change, and subject to prior sale.

The broker acts as a dual agent.