General Information

  • IRR%: 7.5
  • CoC%: -
  • Minimum: 0 EUR
  • Type: -
  • Asset: -
  • Investors: 0
  • Start Date: 2019-01-03
  • End Date: -
  • Target: 100k EUR
  • Completed: 100%

Additional Information

  • Hietzinger Hauptstraße
  • Vienna
  • Vienna
  • Austria

Project Presentation We are delighted to present our first investment opportunity in one of Vienna’s most beautiful neighborhoods, Hietzing. The real property has a surface area of 620 sqm and consists of three separate building units totaling 577 m² usable surface area: main building (corner building Hietzinger Hauptstraße – St.-Veit Gasse), spacious garage (including a workshop) and a “garden house”. The property was purchased at significant discount from the market value and is now tastefully being renovated and extended in accordance with local building regulations. In doing so the usable surface area can doubled. After completion of the works the residential units will be sold. The surface area of the main building will be increased by 400 sqm. Current zoning allows for a building height of 10.5 sqm (eaves). This means that an entire floor and attic penthouse can be constructed. The ground floor of the main building consists of newly renovated a commercial premise, which is rented out until 2030. The high end stores sells electronics from German manufacturer “Loewe” and coffee machines from Swiss maker „Jura“. In the first floor there is a residential unit (125 sqm), which was completely renovated in 2004 and is in an excellent condition. After a swift “brush-up” the unit will be sold quickly. DocumentsFunded successfullyInvestors can view the contract documents in their dashboard.Loan contractFact sheet

Project offered by

Rendity

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