Bürofabrik - Davidgasse 95
Return
6.5% p.a.
Duration
24 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 "Office Factory" project is a co-working space at Davidgasse 95 in 1100 Vienna. The office factory is located on the ground floor of a renovated apartment building and was completed this summer. On a usable area of 400m² there is a modern CoWorking-Space with a total of 50 workstations. The joint office impresses with its stylish and at the same time functional design concept as well as its flexible and start-up-friendly pricing.
With the help of the crowd investing campaign, a part of the borrower's own funds already invested is to be redeemed prematurely. As the letting progresses, the aim is to achieve an annual net rent of approximately €120,000, on the basis of which long-term refinancing with a bank will be sought in order to redeem the crowd investors at maturity.
CoWorking is an international trend for the use of office properties, which is also very popular in Vienna. Above all, start-ups and self-employed people from various professions take advantage of the opportunity to rent seats quickly and flexibly and use amenities such as kitchen, meeting room, high-performance printers and scanners, and also to exchange and network internally due to the physical proximity. Co-Working is also characterised by its all-inclusive character, as factors such as heating, Internet, security system and amenities such as coffee are included in a monthly flat rate.
Location
The favourite is the 10th district of Vienna. It is located south of the inner districts, extends to the southern city limits and is a district with strong population growth and high construction activity. Early on, the district enjoyed rapid population growth due to the large number of resident industrial companies. Already at the beginning of the First World War, the district's population was just under 160,000. Even after the Second World War, the population in Favoriten - in contrast to many other districts of Vienna - quickly returned to its pre-war level due to extensive land reserves. Today, Favoriten is the most populous district of the city with about 200,000 inhabitants and is home to about 10% of all Vienna's residents. Historically, Favoriten has always been perceived as a working class district, but this has changed considerably in recent years.
The 10th district of Vienna has experienced a special upswing in recent years due to the newly built Vienna Central Station. In the last decade, not only the most modern and largest railway station in Austria with a daily passenger frequency of approx. 145,000 people was built here, but also large-scale urban development projects. Under the efforts of local and international real estate developers and the city's political authorities, residential space for tens of thousands of people and state-of-the-art office space for local and international companies has been created here. In no other district in Vienna is development activity as high as in Favoriten, which makes it a hotspot for many domestic and international investors. Among the largest development projects around the main railway station are First Campus, QBC, ICON, Signa 'The Icon Vienna', Living at Schweizergarten.
Explore the surroundings
The office factory is well connected to the public transport network with the tram line "1". In a few years, the U2 station "Gussriegelstraße" will open in a distance of about 100 metres, which will take you to the city centre within a few stations. In the immediate vicinity there are shops and also the culinary offer for the lunch break for users of the CoWorking Space is not neglected. In the last few years, the following hotspots have, by the way, provided strong growth for the entire district and thus created many jobs and demand for office real estate, as well as CoWorking Spaces.
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 traffic, the complex also offers a shopping centre with more than 20,000m², which is not only used by travellers and employees in the surrounding area, but also by residents and visitors.
In the immediate vicinity of the central station, a new 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 directly next to the main station a few years ago and, fittingly enough, the headquarters of the Austrian Federal Railways are now also located at the new main station. With the central station, not only was an important traffic junction created, but also a whole district was shaped positively and lastingly.
Wienerberg City
The Wienerberg City is a district in Favorites and forms the largest skyscraper cluster in Vienna next to the Donau-City. The former headquarters of Philips Austria were initially built on the site of the former brickworks. Little by little, more skyscrapers were built, so that today it is seen as a district in its own right. In total, the modern district has approx. 230,000 sqm of total usable space, of which approx. 130,000 sqm is office and retail space. Of the 8 buildings in Wienerberg City, 3 are over 100m high. A cinema, a shopping centre, a hotel and educational facilities round off the offer.
Recreation area Wienerberg
The Wienerberg recreation area in Vienna is a large green space on a former brickworks site on the southern slope of the Wienberg. It is located in the south of the city, in the 10th district (Favoriten), between Triester Straße in the west, Raxstraße in the north, Neilreichgasse in the east and Otto-Probst-Straße and Friedrich-Adler-Weg in the south. It is one of the most important streets in the city since 1955
Team
We are professionals for everything that has to do with the purchase of apartment buildings, properties and other real estate. We take our job very seriously and offer first-class support, starting with a non-binding initial consultation and ending with a purchase transaction.
As an owner-managed company, our decisions are not dependent on committees or third parties. You communicate directly with the decision-makers - even the purchase is made directly. We do not act as intermediaries, middlemen or similar.
We use all our know-how as a successful and professional local investor and developer on the Vienna real estate market for you - with the focus on your goal, the rapid and profitable sale of your property.
Last but not least - we believe in fair cooperation; we are in friendly contact with many sellers even years after the purchase.
