Notice according to § 12 (2) VermögensanlagengesetzThis investment involves considerable risk and may result in partial or total loss.
The project "Brünner Straße 33" is an extensive attic storey extension in the 21st district of Vienna. A 3rd floor and two new attics will be built. With good transport connections and close to the newly built Hospital North, 21 residential units with a floor space of 1,665 m² are being built here. The residential units will be built with a special focus on modern and comfortable construction. Special attention will be paid to the use of high-quality materials.
For the purpose of partial financing, Brünner Straße 33 Beta Immobilienentwicklungs GmbH & Co KG intends to take up qualified subordinated loans of a maximum of € 600,000.
The borrower is the land registry owner of the property EZ 26 KG 01607 Großjedlersdorf II, Brünnerstraße 33, 1210 Vienna. In total, a third floor and two new attics will be built, so that 21 additional residential units will be created by extending the unfinished attic, as well as adding the gap between the buildings and the inner courtyard. The property has already been acquired and planning activities are in full swing. The aim is to sell the apartments individually at market prices.
During the term, the lender will receive an annual distribution of 7.50%.
The lender receives its invested capital back after the sale of the apartments. According to the plan, this is to take place after 36 months.
The 21st district or also called "Floridsdorf" is a district in the north of Vienna and borders in the south and east on the district Donaustadt and in the west on the Danube.
About 158,712 inhabitants live on a size of 44.52 km², which makes Floridsdorf the most populous district after Favoriten and Donaustadt. Floridsdorf, the 21st district of Vienna, is appreciated by its inhabitants because of its good accessibility to the city centre as well as its proximity to local recreation areas, such as the Danube Island and the Old Danube. Despite its large population, Floridsdorf is located in the lower quarter of Vienna in terms of population density. This means that Floridsdorf still has room for redensification and the creation of affordable housing.
Brünner Straße 33 is well developed in the middle of the 21st district of Floridsdorf in Vienna, in the centre of a residential area with all amenities for daily needs. The proximity to local recreation areas such as the old Danube or the Donaupark, means that this location offers both recreation through green spaces and local recreation areas and the advantages of a modern district with extensive social, educational, cultural and sports facilities and various possibilities of local supply. Local suppliers are also in the immediate vicinity: supermarkets, pharmacies and banks are only a few minutes away. The Floridsdorf market, which can be reached on foot from Brünner Straße 33, is also worthy of special mention. By car you can reach the Shopping Center North (SCN) with a variety of shops within a few minutes. The tram lines 30 and 31 stop in front of the door and go directly to Schottenring in the city centre. It takes 10 minutes on foot to the U6 station Floridsdorf including the rapid transit connection (S1, S2, S3, S4, S7) and long-distance trains.
The Krankenhaus Nord - also known as Klinik Floridsdorf - was built on a former ÖBB site and opened for test operation in early April 2019. Full operation will start in the summer of 2019 and, according to current planning, will be 800 beds have a capacity for up to 40,000 inpatient admissions, 250,000 outpatient frequencies and about 16,000 surgical procedures. It will occupy a central location in the Vienna hospital landscape.
The Alte Donau is an oxbow lake of the Danube in Vienna. It is located northeast of the New Danube, which accompanies the Danube's main stream, but has no direct connection with it or with the Danube itself. The Alte Donau is an important recreational and bathing area, which is close to the city centre thanks to the underground. Several very popular public lidos can be found along the banks, including the most famous of them, the Goose Pond. The Old Danube is ideal for water-related recreational activities and on summer days is often used for windsurfing and boating. Along the Old Danube you will find a large number of sailing schools and boat rentals.
The Shopping Center Nord - also known as SCN in Vienna and the surrounding area - is a shopping centre with 36,000 m2 of usable space and various shops for daily needs. It is currently undergoing renovation work to better meet the needs of tomorrow's shoppers.
The Donaupark is a park of about 604,000 m2 in the 22nd district of Vienna Donaustadt. The Donaupark lies conveniently situated between Wagramer Straße, the Bruckhaufen housing estate, Arbeiterstrandbadstraße and Hubertus dam. Directly adjacent to the Donaupark, which originally reached as far as Wagramer Strasse, is the UNOCity with the Vienna International Centre and the Austria Center Vienna, to the south of which is the Danube City and then the Copa Cagrana with the Danube Island to the New Danube. In the north, the Danube Park with the lidos along the Old Danube its boundaries.
|Track Record||€50-249 million developed|
|Duration||36 months or more|
|Existing Bank Financing||Yes|
The KVIERREAL group has been active for years in the Viennese real estate market as a project developer and has specialised in the purchase, sale and revitalisation of classic Gründerzeit houses and apartments. The core competence is the development and upgrading of historically grown properties that are aesthetically and economically convincing.
Thanks to sound expertise and the many successfully completed real estate projects, the KVIERREAL group has made a name for itself as a specialist for old buildings.