Funded successfully

Fockygasse 50

Vienna

Return

4.25% p.a.

Duration

48 months

Project type

Income

Distribution

Quarterly

Notice according to § 12 (2) Vermögensanlagengesetz

This investment involves considerable risk and may result in partial or total loss.

Project Presentation

The "Fockygasse 50" project is an almost fully rented apartment building with a central location in Vienna Meidling. This impressive apartment building comprises a total of 34 portfolio units with total usable space of roughly 1,300 sqm. The majority of the property is let for a limited period of time. At present, the imposing building has a market value of € 3,250,000.

The Issuer's portfolio of apartment buildings and flats is located almost exclusively in Vienna. In total, the portfolio comprises 33,500 sqm of usable space divided into 625 rentable units. The majority of the portfolio is residential property. The portfolio currently has a market value of approximately € 79,000,000.

The property at "Fockygasse 50" is surrounded by all the important amenities of daily life and is excellently connected to the public transport network due to its proximity to the Meidling traffic junction (underground lines, Badnerbahn, public transport). Matzleinsdorfer Platz can be reached on foot in a few minutes and the shopping mile Meidlinger Hauptstraße is also within walking distance.

Location


Meidling is the 12th district of Vienna. It is located southwest of the inner districts, and reaches almost to the city limits of Vienna. Meidling has a particularly high population growth rate and a high level of construction activity. 1120 Vienna has developed into a real hotspot. Just like the Austrian Federal Chancellor Sebastian Kurz, all other residents and investors appreciate the high quality that the district of Meidling offers. From the existing buildings to the infrastructure .

The first documented mention of "Murlingen" dates back to 1104, when the area was largely the property of Klosterneuburg Abbey. When a sulphur spring was discovered in Meidling, the place became a popular excursion destination for the Viennese. The rapidly growing industry turned Meidling into a typical workers' district, where numerous municipal buildings were erected at the beginning of the 20th century and, after the Second World War, extensive housing estates. The baroque castle of Hetzendorf is of significant cultural value.

Discover the surroundings

The 12th district is located in the south-western part of Vienna, the most liveable city in the world. Where history and cultural diversity come together, the beautiful apartment building is located at Fockygasse 50. The location offers everything that makes living in the city dignified and pleasant and also leaves nothing to be desired in terms of infrastructure. Fockygasse 50 has ideal transport connections, and Meidling train station can be reached on foot in 5 - 10 minutes. The airport can be reached by car in about 25 minutes. The centre of Vienna can be reached in approx. 30 minutes. At the same time, there are green spaces and leisure facilities in the immediate vicinity.

Meidlinger main street

Meidlinger Hauptstraße is not just a shopping street, but rather a meeting place for people who want to enjoy the atmosphere of the district. There is no trace of the hectic pace of the inner districts here. Meidlinger Hauptstraße is the main shopping street of the 12th district of Vienna, Meidling, and today it is mostly a pedestrian zone. The pedestrian zone is wide and spacious and is almost in contrast to the rather low buildings in which the shops are located. The whole thing gives this shopping street a familiar atmosphere and one can still today easily imagine how life in the old Viennese suburb used to be. Many pubs and restaurants provide culinary variety - most of them are chain restaurants but some culinary pearls, from Viennese cuisine to Vietnamese, can be found at the Meidlinger Markt, for example.

Vienna Meidling railway station

The station Wien Meidling is the second most important station in Vienna after the main station. The station Meidling is located about 3 kilometers west of the main station. Further west of Meidling station the long-distance lines branch off to the west and south. All long-distance trains of ÖBB operate between Meidling station and the main station. East of the main station, the long-distance lines branch off to the north and east. Thus, all long-distance trains (except those coming from the east and ending at the main station) can also be boarded at Meidling station.

Schönbrunn Palace

Schönbrunn Palace is the largest palace and one of the most important and most visited cultural assets in Austria. Schönbrunn Palace and its 160-hectare park are part of the UNESCO World Cultural Heritage. Under Empress Maria Theresia, Schönbrunn Palace acquired its present form and served as the summer residence of the Austrian imperial family from the mid-18th century until the end of the First World War. During this period the palace was almost continuously occupied by a royal household of several hundred persons and thus became a cultural and political centre of the Habsburg Empire. During the Austro-Hungarian Monarchy it was also "k.u.k. Lustschloss Schönbrunn". The spacious surrounding park can be used for extensive walks and long runs.

The baroque castle of Hetzendorf

Hetzendorf Palace is a baroque palace at 79 Hetzendorfer Strasse in the 12th district of Meidling, which is the seat of the Fashion School of the City of Vienna. It is located in the southwest of the city not far from the Vienna Hetzendorf S-Bahn station on the Südbahn and has a stop for tram line 62 and bus line 63A. Because of the school's operation it can usually only be visited from the outside.

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Team

We are professionals for everything that has to do with the purchase of apartment buildings, properties and other real estate. We take our job very seriously and offer first-class support, starting with a non-binding initial consultation and ending with a purchase transaction.

As an owner-managed company, our decisions are not dependent on committees or third parties. You communicate directly with the decision-makers - even the purchase is made directly. We do not act as intermediaries, middlemen or similar.

We use all our know-how as a successful and professional local investor and developer on the Vienna real estate market for you - with the focus on your goal, the rapid and profitable sale of your property.

Last but not least - we believe in fair cooperation; we are in friendly contact with many sellers even years after the purchase.

VELUM GmbH

VELUM GmbH