In the project "Guntramsdorferstraße 9", a residential complex with a total of 12 freehold apartments and a weighted living space plus gardens & terraces of 1,163.56 m² is being built. The new building project in Vienna's coveted high-density belt offers generous terraces and balconies, a corresponding and contemporary architecture and a modern facade. In addition, a total of 18 parking spaces will be built.
The good location of the project is characterised by good public transport connections to the nearby Mödling railway station and proximity to the largest shopping centre in Austria, Shopping City Süd. The transport connection for cars is provided by the A2 motorway access road, which means that the higher-level traffic junction Vösendorf can be reached quickly. The city centre of Vienna can thus be reached within a few minutes.
Construction work is already well advanced and work is currently underway on the façade and outdoor facilities. The raw installations and the interior fittings are almost completely finished. The completion of the condominiums is planned for Q4 2020. At present, 6 of 12 condominiums have already been sold and the contract for the 7th apartment is currently being negotiated.
For the purpose of partial financing, Guntramsdorferstraße 9 Immo GmbH intends to take up qualified subordinated loans of up to € 300,000.
The borrower is the land registry owner of the property Guntramsdorferstraße 9, 2340 Mödling. A total of 12 residential units with a living space of between 34 m² and 95 m² on 3 floors plus open spaces such as roof terraces, patios and gardens are being built.
The property has already been acquired, planning activities have been completed and construction is in full swing. The aim is to sell the apartments individually at market prices. So far 6 purchase contracts have been successfully concluded and another one is in the process of being finalised.
Annual distributions: During the term of the loan, the lender receives an annual interest rate of 6%.
Short term: The lender receives his invested capital back after the sale of the apartments. According to the plan, this should take place after a maximum of 12 months.
Mödling lies in the sought-after bacon belt of Vienna. Located in the south of Vienna, the city limits can be reached within a few minutes by car as well as by public transport. Both the nearby A2 motorway and Mödling railway station offer first-class transport connections for commuters or short trips to Vienna. In addition to numerous green spaces, swimming ponds, pedestrian zones and local recreation areas, which make up a large part of the total area of Mödling, the well-known Shopping City Süd is also in the immediate vicinity.
Historically, finds from around 5,000 BC prove the origins of Mödling. However, Mödling was first mentioned in the middle of the 9th century, although the addition of the name Mödling was only added in the early 19th century to simplify postal delivery. In 1849 the railway station Mödling was completed to improve the connection to the federal capital Vienna and is still in existence today. Today, Mödling is a sought-after place to live due to its proximity to Vienna. As part of the Viennese Speckgürtel, Mödling offers its inhabitants good infrastructural connections and a rich selection of Heurigen, restaurants and local suppliers.
The municipality of Mödling, located in the sought-after bacon belt of Vienna, is home to a diverse range of leisure and recreation areas as well as various local suppliers for daily needs. For a shopping trip, the largest shopping centre in Austria, the Shopping City Süd or also called SCS, can be reached in a few minutes by car. Due to the good connection to the railway station in Mödling, which can be easily reached from Guntramsdorferstraße 9, the main railway station in Vienna can be reached in about 30 minutes, and the city limits in only 10 minutes by car.
The largest shopping centre in Austria has been in existence since 1976 and is also one of the largest shopping centres in Europe. With more than 192,500 m² of retail space, the SCS offers space for more than 300 commercial, gastronomy and entertainment businesses and also houses its own cinema. With 10,000 parking spaces, the SCS is primarily geared to car traffic and enjoys great popularity even beyond the borders of Germany. Every year more than 23 million visitors from Austria to Hungary and Slovakia visit the SCS and it offers a unique brand selection and shopping experience.
Liechtenstein Castle, the ancestral seat of the Princes of Liechtenstein, situated on the edge of the southern Vienna Woods, is not a museum in the traditional sense, but a place steeped in history, yet at the same time a very lively place that attracts thousands of visitors from all over the world every year. Besides essential parts of the Romanesque castle complex dating from 1130, numerous furnishings such as weapons, furniture and beamed ceilings, reliefs and the castle chapel, as well as one of the most beautiful views over Vienna, make the castle an attractive cultural institution all year round.
The HTL Mödling is a vocational secondary school (Höhere technische Lehranstalt) with an affiliated experimental institute (HTBLuVA) in Mödling, which was founded from the k.u.k. Technische Militärakademie Mödling and with about 3,500 students is one of the largest schools in Europe.
In summer, the residents of Wiener Neudorf benefit from numerous possibilities for sports and leisure activities in the market town. In the immediate vicinity of Schillerstraße 6-8 is the Kahrteich, which is used as a swimming pond in summer. In addition to swimming, the pond also invites for fishing and diving. For culture enthusiasts, the Migazzi Haus offers numerous events, concerts and lectures. In addition to entertainment, the Migazzi Haus also houses the municipal archive and library. The nearby monastery park offers young and old a local recreation area with all amenities, such as a playground for the children and nearby wine taverns for refreshment after a family outing.
|Development Stage||New Construction|
|Track Record||More than € 250 million developed|
|Duration||Up to 18 months|
|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".