Update from the developer:
16 of 17 apartments have already been sold. Currently, only the corner house with the 600 square meter garden and 2 underground parking spaces is available. The construction progress is according to plan and the top floor work is already beginning on the front house track. In the rear wing, the installation work and the interior work have already started, as well as the roof windows.
New pictures with the current progress have been added.
In the project 'Endresstrasse 108', an apartment building in an exclusive construction method with a total of 17 privately financed owner-occupied apartments between 39 m² and 117 m² with a weighted living area of 1,346 m² is being built. The residents of the building have 11 parking spaces in the basement, as well as a lift for barrier-free access to the apartment.
Special emphasis was placed on sustainable construction and well-thought-out floor plans. During the planning stage, residential units for a wide range of target groups were created and the room layout was adapted to a wide variety of living situations. The residential units are implemented with special attention to contemporary and comfortable construction methods. All apartments have open spaces such as loggias, balconies, terraces or gardens.
Investors receive an annual interest rate of 6.50% on their invested capital. The interest is distributed to the investors every year. The invested capital is repaid to the investors at the end of the 27-month term.
After the purchase of the property, the building permit was successfully obtained and construction work began. The sale will start shortly.
Liability in the form of a hard letter of comfort in the amount of the loan amount issued by the parent company VMF Capital Invest GmbH.
Investors receive instant interest from the time they pay in their investment, which is paid out after the subscription period has expired. With the Rendity Sofortzin, investors receive interest for their invested capital not only for the loan term, but also for the time before. This means that investors also receive interest on their investment during the subscription period. The immediate yield is paid out to the Wallet after the end of the subscription period.
The 23rd district in Vienna, also known as 'Liesing', offers its residents over 1,000 hectares of green space, which makes up more than 30% of the total district area. Situated in the southwest of Vienna, Liesing borders directly on the extensive forest area of the Vienna Woods. Numerous industrial companies have settled between the old and now merged town centers.
Apartment buildings according to the most modern standard
The project involves the construction of a total of 17 exclusive residential units with a weighted living area of 1,346 m² in a new building in which great importance was attached to both the architecture and the floor plans during the planning stage.
For the purpose of partial financing, ES 108 Wohnbau GmbH intends to raise qualified subordinated loans of up to € 600,000.
The Borrower is the owner of the property with the address Endresstraße 108 in 1230 Vienna. A total of 17 residential units with 1,346 sqm of weighted usable residential space and 11 underground parking spaces will be realised. The properties have already been acquired, the planning phase has been completed and construction is already in full swing. Construction is expected to be completed by Q4 2022. Sales of the apartments will start shortly.
During the term, the lender receives of 6.50% per year.
The lender receives his invested capital back after the sale of the apartments. According to the plan, this should take place after 27 months at the latest.
The 23rd district, also called 'Liesing', is located in the southwest of Vienna and borders on Lower Austria with the southern district border. Approximately 106,000 inhabitants live in Liesing, whereby the population of the district has almost tripled since 1960. On 320 km², the inhabitants of Liesing have more than 100 km² of green space at their disposal. This high proportion of green spaces and local recreation areas, such as the Mauerer Wald and the proximity to the Lainzer Tiergarten, make Liesing a sought-after district for living. In addition to the popular residential areas, Liesing is also home to the important industrial center Inzersdorf, which extends into the district of Siebenhirten. Resident companies include the well-known truck manufacturer Rheinmetall MAN, the Austrian State Printing Office and several logistics centres, which take advantage of the excellent location near the A21 motorway and the city centre of Vienna.
Historically, the 23rd district in its present form with its 8 districts was created in 1954 from parts of the former 25th district. Today Liesing is one of the most popular districts of Vienna, because the city centre is easily accessible by the good public infrastructure like the underground line U6 or several rapid transit lines and offers its inhabitants many recreational areas to escape from everyday stress.
The 23rd district in Vienna, also called Liesing, is home to parts of the largest local recreation area in Vienna, the Lainzer Tiergarten. In addition to the many leisure and recreation areas, the district is home to one of Vienna's largest industrial hotspots. Many residents especially appreciate the family-friendly and quiet residential areas of the 23rd district with enough space for family and sports activities.
The Lainzer Tiergarten is accessible through the more than 4 km² large excursion area of the Maurer Wald and is part of the European nature reserve 'Wienerwald-Thermenregion'. Via the Gütenbachtor in Liesing the nature reserve of the Lainzer Tiergarten is open to the public. The Lainzer Tiergarten is a zoo with wildlife in an extensive forest area. The Lainzer Tiergarten is mostly located in the west of Vienna, with a small part in the Lower Austrian community of Laab im Walde. The 245 km² large Lainzer Tiergarten is surrounded by a wall with a length of approx. 22 km, which encloses the game population. The Lainzer Tiergarten is mainly known for its large population of wild boars, but also accommodates deer, roe deer, fallow deer and European mouflons. Nowadays the Lainzer Tiergarten is a popular destination for excursions and offers hikers and joggers a huge and paved network of paths.
Between 2008 and 2012, more than 450 apartments were built on the site of the former Liesing brewery, and the Riverside shopping centre with more than 55 shops and a wide range of restaurants was opened. Thanks to the shopping center's central location in the 23rd district and its easy accessibility, both by car and public transportation, Liesing residents can complete all their important errands and daily shopping here.
The founding of the 'Wienerberger' brick factory has made Inzersdorf and large parts of Liesing an important industrial center. Inzersdorf is also home to the Vienna wholesale market on a 3 km² site. The Vienna Wholesale Market, formerly known as Großgrünmarkt Wien-Inzersdorf, is the most important food wholesale location in Austria. On 3 km², flowers, meat and fish are sold in addition to fruit and vegetables. Approximately 70% of the total Austrian turnover of fruit and vegetables takes place at the Vienna wholesale market. The industrial area extends further from Inzersdorf to the area of Siebenhirten and from there to the adjacent industrial areas in the districts of Liesing, Erlaa and Atzgersdorf and is bordered by the southern railway line and the Liesingbach. Among the best-known companies that have their headquarters in the 23rd district are the Austrian State Printing Office and the tool manufacturer Hilti Austria.
Probably one of the most important economic factors in Liesing are the wine-growers living in Mauer and their viticulture, which has existed since the late Middle Ages. Today, most of the Maurer winegrowers are located in today's Maurer Lange Gasse and are especially known for offering their self-produced wines in their own Heurigen pubs. In contrast to many Heurigen establishments in northern Vienna such as Grinzing and Neustift am Walde, the Heurigen in Mauer are hardly frequented by tourists and are considered an insider tip among the inhabitants of Liesing.
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