Notice according to § 12 (2) VermögensanlagengesetzThis investment involves considerable risk and may result in partial or total loss.
The project "Erzherzog-Karl-Straße 74" is a stylish residential project with subordinate commercial use in the idyllic 22nd district of Vienna Donaustadt. The ensemble of two different structures comprises a total of 34 high-quality apartments, which are divided into different apartment types and sizes. Situated in the immediate vicinity of the popular Alte Donau leisure and recreation area, the project site impresses with its combination of local recreation, urban lifestyle and very good transport links.
As part of the development project, a total of approximately 2,243 m² of usable space will be created here with 95% residential and 5% commercial use. The residential units have optional balconies, loggias and private garden areas. Following completion of the project, all residential and commercial units will be sold individually.
The purchase agreement has been concluded and the issuer is already the owner of the property. A building permit as well as the contracts for the execution of the construction measures have been obtained. The construction activities already started as scheduled in 2nd calendar quarter 2022 and are expected to be completed by 1st calendar quarter 2024.
The 22nd district, Donaustadt, is Vienna's largest district in terms of area and, like the other outlying districts, is characterized by strong contrasts. Here you can find city and country, urbanity as well as agriculture and untouched nature. While the Vienna skyline and the UNO-City represent the urban and business hustle and bustle of Donaustadt, other parts of the district with their wide fields and small settlements give a more rural impression. There is a reason why Donaustadt is a popular excursion and residential district. With almost 64 percent green space and unparalleled access to the water, the natural paradise is practically on your doorstep. Freely accessible bathing areas on the Old Danube, a large selection of outdoor pools or the Lobau nature paradise in the Donau-Auen National Park leave nothing to be desired in terms of local recreation and leisure activities.
Nothing is worth more than a good location. The "Erzherzog-Karl-Straße 74" project is located in the middle of Vienna's 22nd district of Donaustadt in the Stadlau district. In the immediate vicinity are numerous local amenities of all kinds, retail and a variety of recreational opportunities on the Old Danube. With a bus and streetcar stop directly in front of the property and the U1 Kagran station 5 minutes away, the location is very well connected to the public transport network. The recreational area Alte Donau attracts with extensive green spaces and the sports facility Stadlau with climbing hall is also within walking distance and invites to sports activities.
The property is located in the middle of Vienna's 22nd district, Donaustadt, in the district of Stadlau, which was still an independent municipality in 1904 and is now a district of Donaustadt and one of Vienna's 89 cadastral municipalities. Donaustadt is home to a variety of recreational and leisure areas. Special hotspots of the district are the Alte Donau, the area around the Donau-City as well as the Seestadt Aspern. Many residents especially appreciate the family-friendly and quiet residential areas of the 22nd district with enough space for family and sports activities. Several other urban and neighborhood development concepts are already in the planning stage, suggesting that Donaustadt will continue to expand its pioneering role in terms of future-oriented urban development in the coming years.
The Alte Donau is an old arm of the Danube in Vienna. Only seven subway stops away from Stephansplatz is the recreational area "Alte Donau". A variety of popular public lidos can be found along its banks, including the most famous of them all, the Gänsehäufel. The Old Danube is ideal for water sports and recreational activities and is popular for windsurfing and boating on summer days. Along the Old Danube you will find a variety of sailing schools and boat rental facilities. Around one million visitors are attracted to the Old Danube every year.
In summer, the residents of Vienna's 2nd district benefit above all from the proximity to the artificially raised Danube Island, which not only serves as flood protection, but is also one of Vienna's most important local recreation areas. It is an artificial island about 250 meters wide between the Danube and the New Danube and has a lot to offer for people, animals and plants. The Danube Island is a popular cycling route and is ideal for water-related recreational activities, such as the water ski lift. Numerous public lidos can be found along the banks, including the most famous of them all, the Gänsehäufel. Along the old Danube you can also find a variety of sailing schools and boat rentals. The dammed part of the Danube is used extensively by the Viennese for cooling off in the summer.
Built in 2009, Donauzentrum is a shopping center in Vienna's 22nd district and is located within walking distance of Erzherzog-Karl-Strasse. Covering an area of approximately 225,000 m², it houses over 250 commercial, gastronomic and entertainment establishments, making the Donauzentrum (together with the adjoining Donau Plex) the largest shopping center in Vienna. The Donauzentrum is characterized by its extensive shopping offer and is also home to a cinema and numerous restaurants. The shopping center can be easily reached by car and also by public transport - the U1 and various bus and streetcar lines stop directly in front of it.
Donau City is a newly built district in Vienna's 22nd district, Donaustadt, starting in 1996. It is characterized by numerous high-rise buildings, some of which are among the tallest in Austria. The buildings are mainly used for offices and apartments. An important place is occupied by the Vienna International Center - more commonly known as "UNO City" - which is one of the three official headquarters of the United Nations (UN). Built between 1973 and 1979 according to the plans of Austrian architect Johann Staber, the UNO City has become a major economic factor for Vienna. UNO-City can generally be seen as a precursor to the urban development of Donau-City, a rather rural area on the outskirts of the city at the time, into a metropolitan and international district of Vienna.
In Vienna's dynamic 22nd district, one of the largest urban development areas in Europe is being built by 2030. Here, a sustainable urban district is being realized that offers a high quality of life and dynamic economic power. In Seestadt, high-quality open and green spaces and large usable areas will be created. Seestadt offers urbanity and deceleration. The Seestadt subway station provides a perfect connection to Vienna's city center, making it possible to reach the city center in just 20 minutes. With the "Am Seebogen" quarter, the development of Seestadt Aspern is currently continuing at full speed.
The Realtrade Immobilien Group has been successfully active on the Austrian real estate market for two decades, developing a wide range of properties. High-quality architecture and prime locations are our focus. We accompany all phases of our construction projects from the planning stage to the handover of the property.
Our properties have always stood for stable value and offer solid investments in the best locations in Vienna. Our company has already renovated and built more than 100,000m² of residential space and another 50,000m² are currently in planning and renovation or under construction. Due to constant growth, we now employ over 30 people in our already enlarged offices in the 1st district.
Our core competences are, besides the purchase of real estate and the renovation or construction, professional project management, as well as the procurement and marketing of our real estate/end products. The total volume of all properties currently owned, planned and built amounts to approximately EUR 600 million.