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Macro Location Analysis
EvoEstate Risk rating is of an informative nature only & can not be considered investment advice.
Purpose of the loan
The borrower is the registered owner of the property with the address Dr. Otto-Neurath-Gasse 5, 1220 Vienna. The City of Vienna as anchor tenant ensures an economically sound and good long-term tenant structure. The building consists of three interconnected parts with a total of 11 units and a rentable area of almost 8,100 m² plus 54 parking spaces. The main tenant of this building has been MA48 for 30 years, which has invested large sums in the development of the office space.
The purchase was made in each case with the use of debt and equity and currently generates annual net rent of more than €378,000. The aim of the crowdinvesting campaign is to partially redeem the equity invested.
During the term, the lender receives an annual distribution of 6.25%.
According to the plan, the lender will receive his invested capital back after a maximum of 24 months.
Purchase costs property
Purchase - additional costs
Refurbishment costs (planned)
Total investment costs
Total usable space
Current occupancy rate
Annual net rental income
Rentable parking spaces
The 22nd district in Vienna, also known as "Vienna Danube City," is home to a variety of leisure and recreational areas. Particular hotspots of the district include the Alte Donau, the area around Donau-City and the Seestadt Aspern. Many residents especially appreciate the family-friendly and quiet residential areas of the 22nd district with enough space for family and sports activities.
The Vienna International Centre - more commonly known as "UNO City" - is one of the three official headquarters of the United Nations (UN). Built between 1973 and 1979 according to the plans of Austrian architect Johann Staber, UNO City has become a major economic factor for Vienna. In addition to the approximately 5,000 employees of the UN and its sub-organizations who live here permanently, a considerable number of tourists have come to the city as a result of the regular and numerous conferences. UNO City can generally be seen as a pioneer of the urban development of Danube City; a rather rural area on the outskirts of the city at the time into a metropolitan and international district of Vienna.
Built in 2009, Donauzentrum is a shopping center in Vienna's 22nd district and is within walking distance of Erzherzog-Karl-Strasse. Covering an area of approximately 225,000 m², it houses over 250 commercial, gastronomic and entertainment establishments, making the Donauzentrum (together with the adjoining Donau Plex) the largest shopping center in Vienna. The Donauzentrum is characterized by its extensive shopping offer and is also home to a cinema and numerous restaurants. The shopping center can be easily reached by car and also by public transport - the U1 and various bus and streetcar lines stop directly in front of it.
Donaupark is an approximately 604,000 m² park in Vienna's 22nd district Donaustadt. Donaupark is conveniently located between Wagramer Strasse, the Bruckhaufen housing estate, Arbeiterstrandbadstrasse and Hubertusdamm. Directly adjacent to the Danube Park, which originally extended to Wagramer Strasse, is the UNO City with the Vienna International Centre and the Austria Center Vienna, and to the south of it the Danube City and the Copa Cagrana with the Danube Island to the New Danube. To the north, the Danube Park is bordered by the bathing beaches along the Old Danube.
The 21-kilometer-long Danube Island is not only the most popular recreation area for the Viennese, but also an unforgettable experience for visitors to Vienna. The Danube Island can be reached from the city center in just a few minutes on the U1 and U6 subway lines. An extensive network of paths invites sports enthusiasts to go hiking, jogging, cycling and skating. Water fun is promised by bathing bays with shallow beaches as well as wild bathing areas, a water slide, a surfing school, a water ski lift and a boat rental.
We are professionals for everything that has to do with the purchase of apartment buildings, properties and other real estates. 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.
|20.03.2021||Paid||No||22 March 2021, 11:21|