Notice according to § 12 (2) VermögensanlagengesetzThis investment involves considerable risk and may result in partial or total loss.
The project "Hackengasse 30" is a new construction project with a total of 35 residential units and a usable residential area of 2,128 m². The development project is in a good location in the 15th district of Vienna and offers generous terraces and balconies. Characteristic for the project are carefully selected design elements and materials with efficient and flexible apartment typologies, ensuring generous floor plans with optimal room quality.
The property is surrounded by all important amenities for daily needs and is excellently connected to the public transportation network due to its proximity to the Westbahnhof junction (U-3, public transportation). The Wiener Stadthalle is only a few minutes' walk away and the shopping mile Mariahilfer Strasse is also within walking distance.
Construction work is scheduled to start in November 2020. The completion of the condominiums is planned for the 4th quarter 2022. Pre-utilization of the units has already started.
The borrower is the land registry owner of the property with the property address Hackengasse 30 in 1150 Vienna. The building consists of two interconnected building sections with a total of 35 apartments, a street section and a courtyard section. On the street side, the residential building by the architects Malek Herbst is characterized by a simple, reduced and detailed structuring of the facade. On the courtyard side, all apartments are extended by room-high windows, as well as generous open spaces and private gardens.
The property has been acquired, the planning phase has been completed and the building permit has already been issued. Construction work already began in November 2020, meaning that it is expected to be completed by the 4th quarter of 2022. The sale of the residential units has also begun.
During the term, the lender will receive an annual distribution of 5.50%.
The lender receives its invested capital back after the sale and transfer of the apartments. According to planning, this is to take place after a maximum of 24 months.
The 15th district in Vienna, also known as the Rudolfsheim-Fünfhaus, is located west of the city center of Vienna and is characterized above all by its proximity to the center. The 15th district has an excellent infrastructure with numerous local suppliers, shopping streets and transport connections, and the Westbahnhof (West Railway Station) and the Stadthalle are also located here. The underground station Schweglerstraße can be reached in a few minutes on foot. To the south-east, Vienna's Schwechat Airport is only a 30-minute drive away, and to the north, numerous recreational areas including vineyards and wine taverns can be reached.
The outermost part of Vienna's probably most famous shopping street, Mariahilfer Strasse, is located in the 15th district and serves as a direct connection from the Westbahnhof train station to the city center. As the longest shopping street in Europe, Mariahilfer Strasse stretches for almost 4 kilometers, on which many international brand stores can be found and which is also dedicated in sections as a pedestrian zone. The inner Mariahilfer Straße has already been used as a special shopping street by the k.u.k. Monarchy and even today it is still home to these local suppliers. In the meantime, it has established itself as the center of Vienna's young and hip scene.
The Wiener Stadthalle is the largest event center in Austria and among the leading event locations in Europe. In total, the Wiener Stadthalle comprises six event venues and a large sports area including a swimming pool and ice rink. More than 300 events are held here every year; from international top acts, the ATP tour stop "Erste Bank Open", to cabaret and musicals, there is something for every taste.
The Westbahnhof is an important traffic junction from which the Westbahn runs to numerous provinces and cities in Austria. Numerous subway and streetcar lines also stop here. Underground there is a shopping center with restaurants, above ground the Mariahilfer Straße, which runs in a west-east direction in front of the station building, provides a direct connection to the city center.
Schönbrunn Palace is the largest castle 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 attained 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 court consisting of several hundred persons and became a cultural and political center 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.
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 attained 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 court consisting of several hundred persons and became a cultural and political center 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.
|Development Stage||New Construction|
|Track Record||More than € 250 million developed|
|Existing Bank Financing||Yes|
JP Immobilien Group was founded more than 25 years ago by business partners Daniel Jelitzka and Reza Akhavan. It is one of the most active and successful market players in the Austrian real estate industry with a focus on Vienna. It is still owner-managed and therefore completely independent. According to the principle "Real Estate Business is People Business" all customers are personally attended to. The many years of experience, the know-how and the competence of our colleagues stand for sustainable real estate specific solutions for the benefit of our customers. Regardless of whether it is a matter of satisfying a residential need or optimizing the earnings of an entire real estate portfolio.