Funded successfully

Mayssengasse 22



8.5% p.a.


30 months

Project type




Notice according to § 12 (2) Vermögensanlagengesetz

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

Project Presentation

The project "Mayssengasse 22" is a historic apartment building in Vienna's 17th district Hernals, which is being completely renovated and extended by a two-storey attic extension. The property currently has 13 residential units and one commercial unit with an existing floor space of around 687 m2 (total usable floor space). Not only the historical substance and structural characteristics of the existing building are convincing here, but also the excellent location of the project site in terms of transport.

Already in 2019, a crowdinvesting campaign via Rendity was carried out for the project for the purchase and planning phase, which was successfully completed in 2021 and repaid to our investors. In the meantime, the current owner has taken over the half share of the previous co-partner, obtained the building permit and started construction.

As part of the development project in the construction phase, the existing units will be renovated and an additional 579 m2 of usable living space will be created by adding an attic floor, which will increase the total usable floor space to approximately 1,266 m2. The two additional floors are carefully integrated into the historical ensemble of the surrounding existing buildings and form loggias, balconies and roof terraces on the courtyard side. The extension is 100% residential use. Following the completion of the development project, all residential units will be sold individually, and 6 apartments have already been sold.

The purchase agreement has been concluded and the issuer is already the owner of the property. A building permit as well as the contracts for the execution of the construction measures have already been obtained. The construction activities already started as scheduled in the 4th calendar quarter 2022 and are expected to be completed by the 4th calendar quarter 2024.


Welcome to 1170 Vienna

Hernals, Vienna's 17th district, covers a total area of 11.35 km² and is appreciated by its approximately 56,014 residents for its simultaneous proximity to the city center (university and city hall quarters, as well as to the old and new AKH) and to local recreation areas such as Schwarzenbergpark or Schafberg. Like neighboring Ottakring, the district is characterized by its inner-district differences. On the one hand, there is the urban part of the district between Hernalser Hauptstrasse and Elterleinplatz, which is especially popular with the younger target group and is closer to the center. On the other hand, Hernals presents itself as dignified and noble from Alszeile out of town. Here, the 17th borders the Vienna Woods to the northwest with its green hills, hiking trails, picnic areas and views of the city. The districts of Dornbach and Neuwaldegg exude a village atmosphere and, with their villas and exclusive new buildings, are among the city's posh locations.

Micro-location Mayssengasse

Nothing is worth more than a good location. The "Mayssengasse 22" project is located in the southern part of Vienna's 17th district of Hernals, close to the city center. In the immediate vicinity are numerous local amenities such as supermarkets, restaurants as well as local recreation and leisure facilities. Due to the streetcar stop of the same name, which is 150 meters away, the city center can be reached in about 30 minutes. The subway stations "Alser Straße" (U6) and "Ottakring" (U3) are also within a 15-minute walk, which means that the location is very well connected to the public transport network. Local recreation and leisure facilities such as the Congress Park and the Congress Pool invite you to linger and engage in sporting activities.

Discover the surroundings

Hernals, a green district with historic charm - this aptly describes the district and thus the location of the "Mayssengasse 22" project. Large-scale recreational areas and a new subway line are probably the first things that come to mind when one thinks of Hernals. While the U5 will only provide a direct connection between the 17th district and the city center in a few years, residents can already make use of the extensive green areas that Hernals has to offer. The Schwarzenbergpark, for example, offers 80 hectares of extensive avenues that border directly on the Vienna Woods. From there, a half-hour walk will also take you to Neuwaldegg Palace, with its magnificent gardens - one of Austria's most important monuments of garden architecture and a listed building.

Congress Park and Congress Baths

The Congress Park is a popular place for recreation and enjoyment of nature in the district of Hernals. The well-kept lawns provide space for recreational activities such as picnics, ball games or just relaxing. The park also features a charming pond inhabited by water birds and a small bridge that becomes a charming focal point. The adjacent playground is ideal for children to let off steam and play. The Congress Pool, which is part of the Congress Park, offers welcome refreshment on hot days with its spacious outdoor pools, water slides and spacious sunbathing lawns.


Türkenschanzpark is a spacious and scenic park in Vienna's adjacent 18th district of Währing. With its well-kept lawns, shady avenues of trees and flowerbeds in bloom, the park invites visitors to relax and picnic. A highlight of the park is the namesake Türkenschanz monument, which commemorates the liberation of Vienna from the Ottoman siege in the 17th century. The park also offers playgrounds for children, a miniature golf course and numerous walking paths that invite you to spend a relaxing time. In summer, open-air concerts and events are regularly held here, making the park a popular meeting place for locals and visitors.

AKH - Vienna General Hospital

The General Hospital (AKH) in Vienna is one of the largest hospitals in Europe and a major medical center. Located in the adjacent 9th district, AKH consists of several interconnected buildings and offers a comprehensive range of medical services. With over 2,200 beds and numerous specialized departments, AKH is an important focal point for medical care in the city. The hospital is known for its state-of-the-art medical facilities and expertise in a variety of specialties, including oncology, cardiology, neurology and surgery. It also offers a variety of outpatient treatments and specialty clinics. AKH plays an important role in the training of physicians and is also a research center for medical innovation.

Hernals Cemetery

Hernalser Friedhof is a place of historical significance and a place of rest and reflection. Here you will find graves of famous personalities such as the writer Friedrich Torberg and the painter Hans Makart. The well-kept paths lead through peaceful surroundings, flanked by imposing tombstones and gravestones in various styles. The cemetery exudes a special atmosphere and offers visitors the opportunity to immerse themselves in the past and learn about Vienna's unique cemetery culture.

Stadtbahn arches

The Stadtbahn arches in Hernals are a fascinating example of the reuse of architectural structures. The arches were originally built for Vienna's light rail system and later converted into stores, cafes, restaurants and art galleries. Today, the Stadtbahnbögen offer a diverse selection of culinary delights, unique stores and a vibrant nightlife. This lively neighborhood attracts locals and visitors alike who want to soak up the atmosphere, whether it's a leisurely coffee, dinner or a stroll along the boutiques and galleries.



The KVIERREAL group has been active for years in the Viennese real estate market as a project developer and has specialised in the purchase, sale and revitalisation of classic Gründerzeit houses and apartments. The core competence is the development and upgrading of historically grown properties that are aesthetically and economically convincing.

Thanks to sound expertise and the many successfully completed real estate projects, the KVIERREAL group has made a name for itself as a specialist for old buildings.