Notice according to § 12 (2) VermögensanlagengesetzThis investment involves considerable risk and may result in partial or total loss.
The project "Leopoldgasse 6-8" comprises the refurbishment of an existing property dating from the 20th century and the optimization of the letting of the vacant residential and commercial units of the existing building. The property is currently 74% let and has a total of 21 residential units and 5 commercial units with a existing area of around 2,694 m² (total usable area). The property covers a total area of 997 m².
The purchase agreement has been concluded and the issuer is already the owner of the property. The project currently generates around € 140,000 in annual rental income. With regard to the optimization of the rental, initial preliminary negotiations are already underway for new leases, tenant changes and corresponding renovation measures.
The property is located in the middle of the 2nd Viennese district Leopoldstadt. In the immediate vicinity are numerous local amenities such as supermarkets, restaurants and leisure facilities. Due to the proximity to the subway station Taborstraße, the location is excellently connected to the public transport network and the Innere Stadt can be reached within a few minutes. One of the largest green oases in the city of Vienna, the Augarten, is only a few hundred meters away and invites you to linger.
Vienna's 2nd district, Leopoldstadt, has been experiencing a massive upswing for several years, which has been noticeable in many ways: from an economic point of view, a very successful settlement of well-known companies such as Bank Austria, SAP, Samsung, Raiffeisen Bank or OMV has been achieved. In the immediate vicinity, the office location Austria Campus was recently opened, which serves, among other things, as the headquarters for the Vienna Chamber of Commerce and the headquarters of Bank Austria. This increased demand for qualified workers is also increasingly met by the higher educational institutions in the middle of Leopoldstadt. Vienna's 2nd district is characterized above all by its diverse range of local recreation, cultural, educational and leisure facilities.
Nothing is worth more than a good location. The "Leopoldgasse 6-8" project is located in the middle of Vienna's 2nd district, Leo-poldstadt. In the immediate vicinity are numerous local amenities such as supermarkets, restaurants and leisure facilities. Due to the proximity to the subway station Taborstraße, the location is excellently connected to the public transport network and the inner city can be reached within a few minutes. One of the largest green oases in the city of Vienna, the Augarten, is just a few hundred meters away and invites you to linger.
The multicultural Leopoldstadt, Vienna's 2nd district, is separated from the city center by the Danube Canal. In summer, the trendy beach bars along the canal are a popular meeting place here. The two extensive recreational areas Augarten and the Wiener Prater also offer countless opportunities to escape the hustle and bustle of the city. The Jesuit Meadow in the Prater in particular attracts many people and, as a former auland, invites them to relax. Also in the 9 km² Prater area is the Würstelprater, popular with young and old alike, with countless attractions and rides.
The Augarten, with its iconic flying defense tower and the Augarten Palais, is a park open to the public with the oldest baroque gardens in Vienna and offers a well-kept parterre garden with elaborate floral landscapes as well as an extensive area crisscrossed by shady avenues of chestnut, armor, linden, ash and maple trees. The plain concrete tower from World War II located in the park is now closed to visitors, but offers a contrasting beauty to the rest of the well-kept Augarten and has become part of the Viennese cityscape. For the population and for tourists, this offers a space for recreation, but also for sporting activities.
The area of the Vienna Prater, which covers more than 9 km², includes an amusement park called the Würstelprater, several bodies of water and an extensive recreational area. The area belonging to the Prater, once auland of the Danube, is documented since the year 1162. At the end of the 20th century, numerous investments were made in the Prater's infrastructure. The Jesuit Meadow was converted into Vienna's largest playground with a toboggan hill and a winter snow-making system.
For over 100 years, the Vienna Giant Ferris Wheel has been turning at the entrance to the Prater. The Ferris wheel is both a sight and a landmark of Vienna. A curiosity of the Wurstelprater is the Republic of Kugelmugel, whose only inhabitant had proclaimed an own state in 1970, because his house was a sphere, whereby the bearing surface is thereby only a point. However, since a point has no spatial extension, he believed that he was in a state-free space.
Praterstern is home to several subway lines as well as regional trains, making it one of Vienna's most important public transportation hubs. The Praterstern station, which was only rebuilt or largely rebuilt in 2008, is a large multi-lane traffic circle that connects seven streets. For the residents of Vienna's 2nd district, it serves as a public transport link to Vienna's city center and at the same time as a local supplier with countless stores for daily needs.
In summer, the residents of Vienna's 2nd district benefit above all from the proximity to the artificially raised Danube Island, which not only serves as flood protection, but is also one of Vienna's most important local recreation areas. It is an artificial island about 250 meters wide between the Danube and the New Danube and has a lot to offer for people, animals and plants. The Danube Island is a popular cycling route and is ideal for water-related recreational activities, such as the water ski lift. Numerous public lidos can be found along the banks, including the most famous of them all, the Gänsehäufel. Along the old Danube you can also find a variety of sailing schools and boat rentals. The dammed part of the Danube is used extensively by the Viennese in the summer to cool off.
The Karmelitermarkt, one of the oldest markets still in existence in Vienna, comprises 80 market stalls. With 7,500 visitors per week, it is one of the insider tips among Vienna's markets. The range of products on offer is wide: In addition to international cheese specialties and horsemeat, you can buy ripe fruit, crunchy vegetables and various organic delicacies such as smoked meat and various dairy products. The exciting food and young art make the area around the Karmelitermarkt an exciting Viennese neighborhood.
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.