Funded successfully

Hetzendorfer Straße 189-191

Vienna

Return

9% p.a.

Duration

36 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 "Hetzendorfer Straße 189-191" comprises the refurbishment and optimization of the rental of the residential and commercial units of an existing property in an excellent location in 1130 Vienna. The property is currently 89% rented and has a total of 6 residential and 5 commercial units with a total usable area of around 868 m². Of the total usable space, around 41% is thus attributable to residential use and around 59% to commercial use. The residential and commercial building is in extremely well-maintained condition.

Currently, the project is generating rent income of around € 136,000 p.a. The optimization of the rental has already begun and the first significant contracts regarding tenant changes and the resulting conversion measures are already in place. In this course, higher rental income can be achieved. With its excellent residential and commercial location, the project site offers good transport links as well as proximity to attractive green spaces and local recreational facilities. The well-known Schönbrunn Palace Park is only a 15-minute walk from the property.

Location


Welcome to 1130 Vienna

Vienna's 13th district, Hietzing, is considered Vienna's "greenest" district, as more than 70 percent of its total area is green space. This is mainly due to the Wienerwald, which extends extends over large parts of the district. It is also home to the Lainzer Tiergarten, which is known primarily for its diverse wildlife that lives freely within the garden. The famous Hermes Villa can also be found here. Empress Elisabeth affectionately called it the "Castle of Dreams," and it still provides glimpses of imperial private life.

Hietzing is located west of Vienna's city center and is also the city's third largest district. Hietzing is divided into Alt-Hietzing, Unter St. Veit, Ober St. Veit, Hacking, Lainz and Speising. Each of the districts has its own charm and special features. A manageable offer and numerous advantages lead to the fact that the entire district with the imperial flair of former times is one of the most expensive residential areas in Vienna.

Microlocation Hetzendorfer Strasse

Nothing is worth more than a good location. The project "Hetzendorfer Straße 189-191" is located in the middle of Vienna's 13th district Hietzing.

The property impresses with its location close to the neighboring districts of Meidling and Rudolfsheim-Fünfhaus. In the immediate vicinity are local amenities of all kinds as well as the green outskirts of Vienna with a variety of leisure activities. With the "Wattmanngasse" streetcar station (line 62) directly in front of the property and the Vienna Hetzendorf train station 10 minutes away, the location is very well connected to the public transport network. Extensive green areas such as the Girzenberg, the Lainzer Tierpark as well as numerous playgrounds and outdoor parks are within walking distance and invite you to relax.

Discover the surroundings

Green oasis in the west of Vienna - this aptly describes the district and thus the location of the "Hetzendorfer Strasse 189-191" project.

The project is located in Speising, a district part of Vienna's 13th municipal district Hietzing and one of Vienna's 89 cadastral municipalities. The village center with an older stock of originally rural houses is located at the beginning of Speisinger Straße between the connecting railroad and the junction of Feldkellergasse and, as its continuation, at the beginning of the odd side of Gallgasse. In the French cadastre, today's Gallgasse is still almost unbuilt, the houses here date back to the middle of the 19th century. After the incorporation of the district great building activity started. Many houses with gardens ensure a high proportion of green areas to this day.

Schönbrunn Palace

Schönbrunn Palace is the largest palace as well as one of the most important and most visited cultural assets in Austria. Schönbrunn Palace, including its 160-hectare park, is a UNESCO World Heritage Site. Schönbrunn Palace acquired its present form under Empress Maria Theresa and served as the summer residence of the Austrian imperial family from the middle of the 18th century until the end of World War I. During this time, the palace was almost completely renovated. During this period, the palace was almost continuously inhabited by a court of several hundred people and became a cultural and political center of the Habsburg Empire.

Schönbrunn Palace Park

Schönbrunn Palace Park was opened to the public around 1779 and has been a popular recreational area for the Viennese population and international visitors ever since. The palace park counts 1.2 kilometers in its east-west extension and about 1 kilometer in its north-south extension. The palace and the park form a unity and are arranged in accordance with the baroque conception. The Baroque garden design has been preserved largely unchanged with the extensions from the last decade of Maria Theresa's life and still determines the characteristic appearance of the Schönbrunn garden today.

Schönbrunn Zoo

Schönbrunn Zoo, located in the park of Schönbrunn Palace in Vienna's 13th district of Hietzing, was founded by the Habsburgs in 1752 and is the oldest zoo in the world still in existence. The director of the zoo since 2020 is the zoologist Stephan Hering-Hagenbeck. Since 2006, the zoo has over 2 million visitors every year. On an area of 17 hectares, about 7,800 animals from 700 species can be seen. In Anthony Sheridan's zoo rankings, the zoo was named best European zoo five times in a row (2008, 2010, 2012, 2014 and 2018).

Klimt Villa

In the middle of Hietzing, in a quiet location between residential buildings, the neo-baroque two-story Klimt Villa is located in a spacious garden. Gustav Klimt was an important Austrian painter, the most famous representative of Viennese Art Nouveau as well as the founding president of the Vienna Secession. It was at this location that Klimt created some of his most important works from 1911 until his death in 1918, in a ground-level garden house that he used as a studio. He worked on more than 50 paintings here, including world-famous pictures such as "Adele Bloch-Bauer II", "Friederike Beer", "The Bride" and "Adam and Eve".

Lainzer Tiergarten

A last piece of primeval Viennese forest - that's the Lainzer Tiergarten, located on the outskirts of Vienna. For many decades, this special recreation area has been a popular destination for city dwellers, as well as tourists from near and far. Thanks to the unique cultural and natural landscape, the richness of the flora and fauna and the cultural-historical exhibitions in the Hermes Villa, the Lainzer Tiergarten is an ideal place to combine recreation and the experience of nature. Its total area covers 2,450 hectares, of which 1,945 hectares are forest land.

Hermes Villa

Empress Elisabeth's "castle of dreams" is idyllically nestled in the Lainzer Tiergarten, in the middle of the former imperial hunting grounds. Franz Joseph made the Hermesvilla a gift to Elisabeth in the hope of keeping his travel-loving wife in Vienna for longer. In five years of construction (1882-1886), the famous Ringstrasse architect Carl von Hasenauer created the romantic country house based on the model of bourgeois villas in the south of Vienna. It owes its name to the statue "Hermes as a guardian" located in the garden.

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Team

Fourreal meets the challenge of contemporary space creation with the new construction or revitalisation of high-quality residential properties. When it comes to real material assets, Fourreal is the right contact. Since its foundation, the focus has been on project realisations in inner-city areas as well as on the development of living space in locations with a special quality of life. In addition to project development of upmarket residential properties, Fourreal concentrates on investments in properties for its portfolio. Precise property research and direct, compact planning enable the elimination of intermediate interfaces and thus maximum cost efficiency. Good creditworthiness and financial resources enable quick and flexible decisions.

fourreal GmbH

fourreal GmbH