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Funded successfully

Guglgasse 6

Vienna

Return

7.25% p.a.

Duration

36 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

Within the project "Guglgasse 6", first-class office space in Gasometer A, one of the four revitalized gas tanks of a former gas works in Vienna's 11th district, is being optimized in its leasing as well as remodeled. The total of 6 units are currently almost 100% leased to well-known companies and have an existing floor space of around 5,868 m² (total usable floor space). Not only the excellent transport connections through the Gasometer subway station of the same name (U3), but also the significance of the gasometers as characteristic landmarks of the district are convincing.

In addition, the interior of Gasometer A bears the signature of the French star architect Jean Nouvel: a light-flooded and lightness radiating construction made of glass and reflecting steel. The living and office area, which is divided into nine bay window segments at a height of 30 meters, captures the sunlight perfectly. A huge porthole separates it from the three-story local shopping center below as a window onto the courtyard.

The purchase agreement has been concluded and the issuer already owns the property. The project currently generates around € 1,100,000 in annual rental income. The optimization of the rental has already begun and the first contracts regarding tenant changes as well as the resulting conversion measures are already in place. In the course of this, higher rental income can be achieved.

Location


Welcome to 1110 Vienna

The 11th district, also known as "Simmering", is located at the southern end of Vienna and borders directly on the Danube Canal. Unique for Vienna is the very high proportion of grassland of almost 45%, which is largely used for growing vegetables. Due to the proximity to the Danube Canal as well as the location at the city border, many traditional industrial companies such as Siemens, Steyr and other companies have settled in Simmering. The rural character of the 11th district is particularly noticeable at the southern edge of the district to Lower Austria and changes quite quickly the closer one gets to the center in the northern direction. Despite its location and periphery, Simmering is perfectly connected to the city center thanks to the many important transport links across the district. The proximity to Schwechat Airport is also a plus - from the S-Bahn stations in the district, you can reach both Schwechat and Wien Mitte in no time at all, making the Eleventh a popular residential district for commuters and frequent flyers.

Microlocation Guglgasse

Nothing is worth more than a good location. The "Guglgasse 6" project is located in the northern area of Vienna's 11th district, Simmering, close to the city. In the immediate vicinity are numerous local amenities such as supermarkets, medical practices and recreational facilities. Due to the directly adjacent subway station Gasometer (U3) as well as the railroad station Wien Mitte, which can be reached within 10 minutes, the location is excellently connected to the public transport network and the city center can be reached within 15 minutes. The connection to the south-east tangent (A23) is also given by the junction Sankt Marx. The Wiener Prater as well as the Hyblerpark are within walking distance and invite you to linger.

Discover the surroundings

Rural-urban residential area meets industry - the project "Guglgasse 6" convinces with its status as a well-known landmark of the 11th district of Vienna as well as excellent transport connections and combines the advantages of the district at one location. Among Vienna's districts, Simmering has long been known as the classic workers' and industrial district and has been strongly characterized by social housing until now. In recent years, the picture has changed, as many private developers dedicated to the development of privately financed housing have discovered Simmering for themselves. Accordingly, there has been an increasing amount of new construction activity. After all, it is above all the already good and growing infrastructure and the high availability of vacant land that speak for the district's potential.

Vienna Prater

The Wiener Prater is a spacious public park and one of the oldest amusement parks in the world. It covers an area of about 9 square kilometers and thus offers plenty of space for leisure activities and recreation. In addition to the famous attractions such as the Ferris wheel and the Würstelprater, the Prater also has extensive green spaces, meadows and avenues that invite you to walk, picnic and play sports. The park is a popular destination for locals and tourists alike who want to enjoy nature and escape the hustle and bustle of the city. The expansive park area provides space for a variety of recreational activities and invites visitors of all ages to linger.

Central Cemetery

Vienna's Central Cemetery is one of the largest and most famous cemeteries in Europe. It was opened in 1874 and covers an area of around 2.5 square kilometers. The cemetery is home to the graves of many prominent figures, including musicians such as Ludwig van Beethoven, Johann Strauss and Franz Schubert. In addition to the impressive gravesites, the Central Cemetery also features impressive monuments, chapels and a variety of sculptures. The cemetery is not only a final resting place, but also a place of rest and remembrance, appreciated by visitors from all over the world.

Simmeringer Haide

The former pastureland and topographically rather inconspicuous Simmeringer Haide today contributes significantly to the landscape of the 11th district. Since the Simmeringer Haide has been intensively farmed by farmers for vegetable and grain cultivation, glass houses stretch for kilometers and provide the Viennese and residents of Simmering with fresh vegetables. Today, the former Haide is also home to Vienna's main sewage treatment plant operated by the Simmering waste management company, the Simmeringer Haide hazardous waste and sewage sludge incineration plant operated by Fernwärme Wien, the main workshop (formerly the central workshop) of the Vienna Transport Authority, the Vienna Gas and Electric Works and numerous private companies. In addition, several small settlements with a rural character can be found here.

Neugebäude Palace

Neugebäude Palace is an impressive Renaissance palace in Vienna's 11th district, Simmering. It was built in the 16th century and once served as a hunting lodge for the Habsburgs. Today it is a popular cultural center where events, concerts and exhibitions are held. The castle impresses with its architectural beauty, magnificent interiors and idyllic castle park. Visitors can tour the castle, discover its history and enjoy the peaceful atmosphere of the surrounding park. Neugebäude Palace is a cultural pearl in the middle of the Simmering district.

Bohemian Prater

Bohemian Prater is a small amusement park in the adjacent 10th district of Vienna, Favoriten. It is a traditional alternative to the better known Wiener Prater and offers a charming atmosphere. The park includes a selection of carousels, games and gastronomic establishments. Bohemian Prater is especially popular with families as it offers a friendly and relaxed environment. The park invites you to have fun, relax and enjoy yourself and is a cozy destination for an entertaining day out.

Photo Gasometer: C.Stadler/Bwag

location-Map_Guglgasse_6_37524307dd

Team

We purchase real estate primarily in the residential sector in order to develop or revitalize it. For you as a seller we offer: Many years of experience with complex legal situations - Direct, simple and straightforward decision making - Efficient processes that allow us to invest in projects that are more difficult for others to achieve.

Behind Trinitas is an innovative team that sees three times more potential in your property. Our purchasing profile includes land, apartments, houses, apartment buildings and demolition properties. We always pay fair prices and guarantee fast and reliable processing. We have been valuing real estate for more than 10 years. We use various recognized valuation methods to ensure the greatest possible transparency for you as the seller.

Trinitas Immobilien

Trinitas Immobilien