The project "Pachmüllergasse 19" is a new construction project with a total of 16 residential units and a usable residential area of 931.65 m². The development project is in a good location in the 12th district of Vienna and offers generous terraces and balconies, attractive and contemporary floor plans and a modern facade.
The property is surrounded by all important amenities for daily needs and has excellent connections to the public transportation network due to its proximity to the Meidling traffic junction (underground lines, Badnerbahn, public transportation). Matzleinsdorfer Platz can be reached on foot in a few minutes and the shopping mile Meidlinger Hauptstraße is also within walking distance.
Construction is scheduled to start in mid-August. The demolition of the existing property will take place shortly. At present, 12 of the 16 freehold apartments have already been sold and the contracts for further apartments are currently being coordinated.
For the purpose of partial financing, Entwicklung P19 Immo GmbH, a subsidiary of VMF Capital Invest GmbH, intends to raise qualified subordinated loans of up to € 500,000.
The borrower is the land registry owner of the property with the address Pachmüllergasse 19 in 1120 Vienna. The borrower is a subsidiary of VMF Capital Invest. The property is divided into 16 units (plus balconies, terraces, storage and basement rooms) with a total area of almost 931.65 m². The property has been acquired, the planning phase has been completed and a building permit has already been issued. The start of construction will start shortly. The aim is to sell the apartments individually at market prices. So far 12 purchase contracts have been successfully concluded and more are currently being finalised.
During the term, the lender will receive an annual distribution of 6.50%.
The lender receives its invested capital back after the sale of the apartments. According to the planning, this should take place after a maximum of 24 months.
Meidling is the 12th district of Vienna. It lies southwest of the inner districts, and reaches almost to the city limits of Vienna. Meidling has a particularly high population growth rate and a high level of building activity. 1120 Vienna has developed into a real hotspot. Just like the Austrian Federal Chancellor Sebastian Kurz, all other residents and investors appreciate the high quality that the district of Meidling offers. From the existing buildings to the infrastructure.
The first documented mention of "Murlingen" dates back to 1104, when the area was largely the property of Klosterneuburg Abbey. When a sulphur spring was discovered in Meidling, the place became a popular excursion destination for the Viennese. The rapidly growing industry turned Meidling into a typical workers' district, where numerous municipal buildings were erected at the beginning of the 20th century and, after the Second World War, extensive housing estates. The baroque castle of Hetzendorf is of significant cultural value.
The 12th district is located in the south-western part of Vienna, the most liveable city in the world. Where history and cultural diversity come together, the beautiful new building project Pachmüllergasse 19 is located. The location offers everything that makes living in the city dignified and pleasant and also leaves nothing to be desired in terms of infrastructure. Pachmüllergasse is ideally connected to the transport network, Meidling train station is within 5 - 10 minutes walking distance. The airport can be reached by car in about 25 minutes. The centre of Vienna can be reached in approx. 30 minutes and at the same time there are green spaces and leisure facilities in the immediate vicinity.
Meidlinger Hauptstraße is not just a shopping street, but rather a meeting place for people who want to enjoy the atmosphere of the district. There is no trace of the hectic pace of the inner districts here. Meidlinger Hauptstraße is the main shopping street of the 12th district of Vienna, Meidling, and today it is mostly a pedestrian zone. The pedestrian zone is wide and spacious and is almost in contrast to the rather low buildings in which the shops are located. The whole thing gives this shopping street a familiar atmosphere and one can still today easily imagine how life in the old Viennese suburb used to be. Many pubs and restaurants provide culinary variety - most of them are chain restaurants but some culinary pearls, from Viennese cuisine to Vietnamese, can be found at the Meidlinger Markt, for example.
The station Wien Meidling is the second most important station in Vienna after the main station. The station Meidling is located about 3 kilometers west of the main station. Further west of Meidling station the long-distance lines branch off to the west and south. All long-distance trains of ÖBB operate between Meidling station and the main station. East of the main station, the long-distance lines branch off to the north and east. Thus, all long-distance trains (except those coming from the east and ending at the main station) can also be boarded at Meidling station.
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 acquired 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 royal household of several hundred persons and thus became a cultural and political centre 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.
Hetzendorf Palace is a baroque palace at 79 Hetzendorfer Strasse in the 12th district of Meidling, which is the seat of the Fashion School of the City of Vienna. It is located in the southwest of the city not far from the Vienna Hetzendorf S-Bahn station on the Südbahn and has a stop for tram line 62 and bus line 63A. Because of the school's operation it can usually only be visited from the outside.
|Development Stage||New Construction|
|Track Record||More than € 250 million developed|
|Existing Bank Financing||No|
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".