Already refunded

Bräuhausgasse 7-9

Vienna

Return

4% p.a.

Duration

48 months

Project type

Income

Distribution

Quarterly

Notice according to § 12 (2) Vermögensanlagengesetz

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

Project Presentation

The project is a fully let double interest house with the addresses Bräuhausgasse 7-9 and Margaretenstrasse 98 in the middle of the 5th district of Vienna. It is centrally located, close to the Pilgramgasse underground station and all important amenities for daily needs.

The original apartment building from the Wilhelminian period was extended by a new building in 1972 and has a total lettable area of 3,740 m² divided into 16 tops (plus storage and cellar rooms). Including the 43 car parking spaces, an annual net rent of around €450,000 is currently achieved.

Location


Apartment building Bräuhausgasse 7-9 / Margartenstraße 98

The property in question is located in the middle of the 5th district of Vienna with good public transport connections. The property is a central property and extends from Margaretenstraße to Bräuhausgasse and comprises two buildings. The existing building overlooking the Margaretenstraße from the Wilhelminian period comprises 8 tops with a rentable area of 675 m². In 1972, the existing building was extended by a secondary building with a total of 3,065 m² rentable area divided into 8 tops (plus basement and warehouse) and 43 car parking spaces.

In total, the existing building now comprises 3,740 m² of lettable space and is let mainly to commercial tenants as well as some residential tenants. The entire building is currently let and generates a net rent of more than €450,000 per year, and the commercial tenants include a municipal transport company with excellent credit ratings.

Margareten is the district where culture and architecture meet the charm of Vienna. Bruno Kreisky, Falco and Hans Moser have already lived here and it is no wonder because hardly any other district embodies the versatility of Vienna as much as the 5th district. In the immediate vicinity of the "Obere Amtshausgasse" are numerous parks such as the Haydnpark, the Einsiedlerpark or the Leopold Rister Park. Vienna's main train station, which is considered a traffic hub for transport both inside and outside the city, can be reached within a few minutes by bus.

Explore the surroundings

Nibbling market

The Naschmarkt is considered the largest inner city market in Vienna. The Viennese Naschmarkt owes its special flair to its mixture of market stalls and pubs, which join together in a snake shape in the middle of the left and right Wienzeile. The Naschmarkt is a well-known Viennese sight and, from a culinary point of view, should not be missed on any exploratory tour.

Castle Square

Tucked away in the historical core of the 5th district, and less than 2 minutes' walk from Margaretenplatz, is the Schlossquadrat, a building complex with a history that goes 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 selection of culinary delights.

Scheupark

The Scheupark is a 3,100 m² park in Margareten and fulfils a local supply function for the surrounding residential area and its inhabitants. For residents, the park is not only a children's play area, but also an important communication and meeting place. It was only in 2003 that the park was extended by a further 1,500 m² as "Margareten City Wilderness" by purchasing private plots of land.

Schönburg Palace

After the unsuccessful attempt to use the Palais Schönburg commercially as a hotel, the palace was completely renovated a few years ago. Especially the architecture and the extensive garden made the Palais, which was built at the beginning of the 18th century by the architect Johann Lukas von Hildebrandt, popular as an event location. Today the baroque jewel shines through its proximity to the centre, surrounded by its magnificent park.

Central Station

More than 30,000 new residential units have been built around the area of the central station in recent years. The central station has thus had a strong influence on the cityscape of Vienna. Since the complete opening of the central station in 2015, more than 145,000 passengers have been travelling here daily, making it the most frequented station in Austria. In addition to long-distance trains to all of Europe, local public transport is also seamlessly integrated into the infrastructure of the central station. Both the U1 underground and the S-Bahn and tram lines converge at this transport hub. In addition to local and long-distance transport, the complex also offers a shopping centre with more than 20,000 m².

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Team

WINEGG stands for architecture, aesthetics, quality, solidity, sustainability and safety. The company thinks long-term and designs top-class quality properties in the best locations, so that future generations can leave more behind.

WINEGG Realitäten GmbH was founded in Vienna in 1998. Since then, the company has made a name for itself as a forward-looking investor, developer and quality-conscious property developer that is widely respected. The company's vision: to keep an eye on reality and yet plan for the long term. So that future generations can also build their lives on a secure foundation.

From the very beginning, one of the company's specialities has been increasing the value of old buildings. Good substance and best location are the selection criteria.

Today, WINEGG has also gained a top position in the field of revitalizing old buildings, loft conversions & new building development. And has extended its commitment not only to Vienna and Austria but also to Germany (including Berlin, Leipzig & Dresden): Numerous properties, both in the area of old building development and in the area of new housing developments, have already been successfully completed.

WINEGG Realitäten GmbH

WINEGG Realitäten GmbH