In the project "Bahnhofstraße 11-13", a residential project with a total of 70 residential units and a weighted usable living space of approx. 3,500 m² is being built. The development project is located in an excellent location in Vienna's 14th district and offers spacious terraces, balconies or gardens for all residential units. Likewise, 34 parking spaces will be built in the basement.
The property is surrounded by all important amenities of the daily needs and is excellently connected to the transport network due to the proximity to Linzerstraße (individual traffic), subway station Hütteldorf (U4) as well as the train station Vienna - Hütteldorf. The nearby streetcar line 52 connects the property directly with the Westbahnhof, which offers many other transport connections.
The project will be realized by BC Holding GmbH, which has already successfully obtained the building permit after the successful purchase of the land and is responsible for the planning of the project. Construction will start shortly and the planning is already well advanced. The project is characterized by an environment with high development potential and very experienced project developers with an excellent network.
For the purpose of partial financing, BC Projektentwicklung GmbH, a subsidiary of BC Capital GmbH, intends to raise qualified subordinated loans in the maximum amount of € 1,000,000.
The borrower is the registered owner of the property with the address Bahnhofsstraße 11-13, 1140 in Vienna. The building consists of two interconnected building parts with a total of 70 residential units, a street wing and a courtyard wing with a usable living space of 3,500 m². In addition, 34 parking spaces will be built in the basement.
The property has been acquired, the planning phase has been completed and the building permit has already been issued. Construction is scheduled to start in the 3rd quarter of 2021. The sale of the apartments is planned as a sale to end users after condominium establishment.
During the term, the lender will receive an annual distribution of 7.00%.
The lender will receive its invested capital back after the apartments are sold. According to the planning, this is to take place after a maximum of 30 months.
The property is located in Penzing the 14th district of Vienna in a good location near the train station Wien-Hütteldorf. Penzing ranks third among Vienna's districts with approx. 63% green space. The nearby Vienna Woods offer residents ample local recreational opportunities. Although public transport links (U4 and S-Bahn) are already in place, the 14th district still has plenty of development potential.
Close to the property are the Hütteldorfer Bad and the Dehnepark with a forest playground for children. It takes about 20 minutes to get to the Technical Museum by streetcar line 52, which connects the property directly to the Westbahnhof station, which offers many other transportation links. The U4 station Hütteldorf can be reached in three minutes on foot. Due to the proximity to Hütteldorfer Straße and Linzer Straße, all important local suppliers are in the direct vicinity. The Hütteldorf train station (S-Bahn) as well as stops of the streetcar lines 49 and 52 can be reached quickly and easily on foot.
Otto Wagner had the building he designed built from 1886 to 1888 as a summer residence on the edge of the Vienna Woods. The construction and design of the villa, which was threatened with decay for a long time, can be traced back to Otto Wagner. Until the death of Ernst Fuchs in November 2015, the villa was owned by the Austrian artist, who is considered a key founder and representative of Fantastic Realism. The impressive private museum is located on the second floor of the premises and delights with a diverse cross-section of Fuchs' art. The Adolf Böhm Hall is also a special centerpiece of the museum. The latter was once commissioned by Otto Wagner to create the designs for the large Tiffany glass windows. They depict the Vienna Woods through the seasons and are the largest secular Art Nouveau windows known in Austria. The museum is open from Tuesday to Sunday from 10 a.m. to 4 p.m. and tickets are available for 11 euros or reduced for 6 euros.
The Technical Museum Vienna was initiated in 1908 - at that time still as the "Technical Museum for Industry and Trade". The occasion was the 60th anniversary of Emperor Franz Joseph I's accession to the throne. The foundation stone of the state museum was laid on June 20, 1909, and it was not opened until nine years later on May 6, 1918. Covering an area of 22,000 square meters, it inspires visitors with extraordinary insights into the world of technology. Separate areas for children, laboratories for experimenting, guided tours on specific topics and lots of exhibits to touch and try out guarantee an exciting stay for the whole family.
The former Waldbad Penzing is a popular meeting place in the 14th district for all water rats all year round. Thus, the actual indoor pool also spoils visitors with numerous attractions in the summer. In addition to the sports pool, there are adventure areas with a current channel, whirlpool and waterfall. Not to forget: The neck shower, which wonderfully loosens up cramped muscles after a long day at work or at the university. Younger bathers are also in good hands at Hütteldorf Bad, as there is a large water slide, water cannons, a play stream and a non-swimmers' pool. Those who prefer it cozy can retreat to the sauna or relax in the rest area. You can check online when slots are still available.
The Jubiläumswarte is a lookout point on the Gallitzinberg on the western outskirts of Vienna. It is located at Johann-Staud-Strasse 80 on the Vogeltennwiese in Vienna's 16th district of Ottakring at an elevation of 449 meters above sea level. The viewing platform of the Jubiläumswarte is freely accessible, but it is closed during the winter months.
The Allianz Stadium can accommodate 28,600 visitors, 24,000 of whom are seated. As once designed by Gerhard Hanappi, the new stadium was built rotated by 90 degrees: Thus, the new main stand is located in the west; the home fans' stand is now situated in the south. The visitors' section is located on part of the north stand and can be reached via its own bus access. In contrast to the Hanappi Stadium, the corners of the Allianz Stadium are closed, which should ensure a higher spectator capacity and less noise pollution for local residents. The 90-degree turn means that the distance to the neighbors can be maintained and even increased on the east side. The integration of the floodlights into the stadium roof also ensures a reduced light impact on the surrounding properties.
|Development Stage||New Construction|
|Track Record||More than € 250 million developed|
|Existing Bank Financing||Yes|
BC Capital GmbH, based in Vienna, is the parent company of ambitious and future-oriented project companies, whose goal as an Austrian project developer is to create living space, whether through loft conversions or new construction projects in Austria with a focus on Vienna and Lower Austria. Property acquisition, financing organization, but also project management, control and management can be optimally implemented by our team.
Managing Director Bettina Eder, MA has been working as a senior project manager in the Vienna and Lower Austria area for several years. After graduating with a bachelor's degree in real estate management to qualify as a real estate agent, she also completed a master's degree in real estate management, which enabled her to work independently as a property developer. Apart from being able to optimally combine two of the three real estate trustee professions, she also acquired extensive knowledge in controlling and was also able to successfully complete first the bachelor's and then the master's degree program in Tax Management.