Wiedner Hauptstraße 140
Return
6.25% p.a.
Duration
36 months
Project type
Growth
Distribution
Yearly
Notice according to § 12 (2) Vermögensanlagengesetz
This investment involves considerable risk and may result in partial or total loss.Project Presentation
The project "Wiedner Hauptstraße 140" is the construction of a real estate project with 57 flats which will be realised by the successful developer JP Immobilien. In this project, special attention is being paid to sustainability. The roofs of the project are greened and equipped with photovoltaic systems. The central heating and space heating systems are fed from the public supply network and the central cooling supply is provided by a heat pump in the basement.
The project is being realised by JP-Immobilien. The issuer is already the owner of the property. **A building permit and contracts for the implementation of the construction measures have been obtained. Construction will start in the first calendar quarter of 2023 and completion is planned for the fourth calendar quarter of 2024. The sales launch has already taken place and the sales phase is in full swing.
This real estate project is a modern residential complex with a total of 56 residential units and one commercial unit. The plot area of the property comprises 1,718m² and the total size of the property is expected to be around 3,904m² after completion.
The property is located in the 5th district of Vienna, which is one of the so-called inner districts of Vienna. From the property, the most popular sights of Vienna can be discovered on foot. Wiedner Hautstraße is considered a lively shopping street in Vienna. Local amenities of all kinds can be reached in a very short time.
Location
Discover the surroundings
Margareten is the district where culture and architecture meet Viennese charm. Bruno Kreisky, Falco and Hans Moser have already lived here and it's no wonder, because hardly any other district embodies the versatility of Vienna as much as the 5th district.
Matzleinsdorferplatz
Matzleinsdorfer Platz is an important transportation hub in Vienna, serving as a stop for streetcars, commuter trains and regional trains. With the connection to the subway network by the extension of the subway line U2 until 2026, Matzleinsdorfer will gain even more importance and connect the 10th district directly with the city center.
Leopold Rister Park
Leopold Rister Park was named after Leopold Rister (1873 to 1934), who was the district head of Margareten from 1921 to 1934. For several years, the park has been child-friendly and handicapped accessible. Among locals the park is also called "Körnerhofpark" or "Hochhauspark".
Vienna Central Station
Around the area of the main station, more than 30,000 new residential units have been built in recent years. The main station has thus had a strong influence on the cityscape of Vienna. Since the complete opening of the main station in 2015, more than 145,000 passengers pass through here every day, which is why it is considered the busiest station in Austria. In addition to long-distance trains to all of Europe, public transport is also seamlessly integrated into the infrastructure of the main station. Both the U1 subway and commuter trains and streetcars come together at this transportation hub. In addition to local and long-distance transportation, the facility also offers a shopping center with more than 20,000m², which is used not only by travelers and employees in the area, but also by residents and visitors.
In the immediate vicinity of the main station, a new urban district has also been created, in which several thousand apartments have been built and many jobs have been created by the settlement of many large domestic and international companies. Erste Bank, for example, opened its new campus a few years ago right next to the main station and, appropriately enough, the corporate headquarters of the Austrian Federal Railway are now also located at the new main station. The central station has not only created an important transportation hub, but has also had a lasting positive impact on an entire city district.
Belvedere Palace
The Belvedere is not only a magnificent Baroque palace, but also houses one of the most valuable art collections in Austria - with major works by Gustav Klimt, Egon Schiele and Oskar Kokoschka. Prince Eugene of Savoy (1663-1736), a successful general and art lover, had the Belvedere Garden Palace built by Johann Lukas von Hildebrandt as his summer residence - at that time just outside the city. The baroque synthesis of the arts consists of two palaces, the Upper and Lower Belvedere, and today houses Austrian art from the Middle Ages to the present.
Palace Square
Tucked away in the historic core of the 5th district, and less than a 2-minute walk from Margaretenplatz, is the Schlossquadrat, a complex of buildings with history dating back to the 14th century. Today, the former estate invites you to enjoy and linger. You can quickly escape the hustle and bustle of the city here, through the idyllic Schanigärten of the Schlossquadrat, with a rich offer of culinary delights.
Team
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.
