Notice according to § 12 (2) VermögensanlagengesetzThis investment involves considerable risk and may result in partial or total loss.
In the project "Endresstraße 108", an apartment building in an exclusive construction method with a total of 17 privately financed owner-occupied apartments between 39 m² and 117 m² with a weighted residential floor space of 1,346 m² is being built. The residents of the building have 11 car parking spaces in the basement, as well as a lift for barrier-free access to the apartment.
Special emphasis was placed on sustainable construction and well thought-out floor plans. During the planning stage, residential units for a wide range of target groups were created and the room layout was adapted to a wide variety of living situations. The residential units are implemented with special consideration of contemporary and comfortable construction methods. All apartments have open spaces such as loggias, balconies, terraces or gardens.
For the purpose of partial financing, ES 108 Wohnbau GmbH intends to take out qualified subordinated loans in the maximum amount of € 600,000.
The borrower is the registered owner of the property with the address Endresstraße 108 in 1230 Vienna. A total of 17 residential units with a weighted usable floor space of 1,346 m² and 11 underground parking spaces will be realised. The acquisition of the properties has already taken place, the planning phase has been completed and construction activities are already in full swing. It is expected that the construction activities will be completed by Q4 2022. Sales of the flats will start shortly.
During the term, the lender will receive an annual distribution of 6.50%.
The lender will receive its invested capital back after realisation of the flats. According to the planning, this is to take place after 27 months.
The 23rd district, also called "Liesing", is located in the southwest of Vienna and borders with the southern district border on Lower Austria. Liesing has a population of about 106,000, and the number of inhabitants has almost tripled since 1960. The inhabitants of Liesing have more than 100 km² of green space at their disposal on 320 km². This high proportion of green spaces and local recreation areas, such as the Mauerer Wald and the proximity to the Lainzer Tiergarten, make Liesing a sought-after district for living. In addition to the popular residential areas, Liesing is also home to the important industrial center Inzersdorf, which extends into the district of Siebenhirten. Resident companies include the well-known truck manufacturer Rheinmetall MAN, the Austrian State Printing Office and several logistics centres, which take advantage of the excellent location near the A21 motorway and the city centre of Vienna.
Historically, the 23rd district in its present form with its 8 districts was created in 1954 from parts of the former 25th district. Today Liesing is one of the most popular districts of Vienna, because the city centre is easily accessible by the good public infrastructure like the underground line U6 or several rapid transit lines and offers its inhabitants many recreational areas to escape the stress of everyday life.
The 23rd district in Vienna, also known as Liesing, is home to parts of the largest local recreation area in Vienna, the Lainzer Tiergarten. In addition to the many leisure and recreation areas, the district is home to one of the largest industrial hotspots in Vienna. Many inhabitants appreciate above all the family-friendly and quiet residential areas of the 23rd district with sufficient space for family and sports activities.
The Lainzer Tiergarten is accessible through the more than 4 km² large excursion area of the Maurer Wald and is part of the European protected area "Wienerwald-Thermenregion". Via the Gütenbachtor in Liesing the nature reserve of the Lainzer Tiergarten is accessible to the public. The Lainzer Tiergarten is a zoo with wildlife in an extensive forest area. The Lainzer Tiergarten is mostly located in the west of Vienna, with a small part in the Lower Austrian community of Laab im Walde. The 245 km² large Lainzer Tiergarten is surrounded by a wall with a length of approx. 22 kilometres, which encloses the game population. The Lainzer Tiergarten is mainly known for its large population of wild boars, but also accommodates deer, roe deer, fallow deer and European moufflons. Nowadays the Lainzer Tiergarten is a popular destination for excursions and offers hikers and joggers a huge and paved network of paths.
Between 2008 and 2012, more than 450 apartments were built on the site of the former Liesing brewery, and the Riverside shopping centre with more than 55 shops and a wide range of restaurants was opened. Thanks to the shopping center's central location in the 23rd district and its easy accessibility, both by car and by public transportation, Liesing residents can complete all important errands and daily shopping here.
With the founding of the plant of the brick manufacturer "Wienerberger", Inzersdorf and large parts of Liesing became an important industrial center. Inzersdorf is also home to the Vienna Wholesale Market on a 3 km² site. The Vienna Wholesale Market, formerly called Großgrünmarkt Wien-Inzersdorf, is the most important wholesale location for food in Austria. In addition to fruit and vegetables, flowers, meat and fish are sold on 3 km². Approximately 70% of the total Austrian turnover of fruit and vegetables takes place at the Vienna wholesale market. The industrial area extends from Inzersdorf to the area of Siebenhirten and from there to the adjacent industrial areas in the districts of Liesing, Erlaa and Atzgersdorf and is bordered by the southern railway line and the Liesingbach. Among the best-known companies with their headquarters in the 23rd district are the Austrian State Printing Office and the tool manufacturer Hilti Austria.
Probably one of the most important economic factors in Liesing are the winegrowers living in Mauer and their viticulture, which has existed since the late Middle Ages. Nowadays, most of the Maurer winegrowers are located in today's Maurer Lange Gasse and are mainly known for offering their home-made wines in their own Heurigen pubs. In contrast to many Heurigen establishments in northern Vienna such as Grinzing and Neustift am Walde, the Heurigen in Mauer are hardly frequented by tourists and are considered an insider tip among the inhabitants of Liesing.
|Development Stage||New Construction|
|Track Record||More than € 250 million developed|
|Existing Bank Financing||Yes|
VMF Immo Group is a family business from Brunn am Gebirge / Lower Austria with tradition. Over the past few years, the Voithofer family has earned a reputation as a partner in real estate projects with handshake quality through VMF Immobilien. Several successfully completed projects and a network of long-standing, renowned partners and companies speak for continuity and trust.
"We attach great importance to high-quality architecture in the best locations. Modernity and functionality are the main focus. We accompany all our construction projects from the planning stage through the construction phase to the turnkey handover".