C&P Immobilien AG is building another investment project with 510 investor apartments and around 2,000 m2 of commercial space at Triester Strasse 432 in Puntigam, Graz, by the end of 2023. Smaller residential units with innovative all-round services meet the demographic development in Graz as well as the demands for modern living and provide the basis for a secure real estate investment.
(Graz, 23.07.2020) – Puntigam is actually blue and characterised by beer. It has been known since time immemorial for the now iconic drink with the catchy advertising. We’re having fun… Who isn’t familiar with the beer’s slogan? And in the same spirit, we will soon be saying at Triester Straße 432: We’re building!
And that’s a good thing. Because the southern outskirts of Graz deserve a worthy gateway. A gateway into the city as well as a gateway to the countryside. This is where it all begins, this is where we start – GATE 17 represents the new link to Graz and the surrounding area to the south.
Sold out soon
The ‘Copacabana – Lakeside Living’ project at the Kalsdorf bathing paradise in the south of Graz has now sold out, as have the two other urban development projects from C&P, the Brauquartier in Puntigam and Quartier4 in Straßgang. It is therefore to be expected that the 510 investment apartments of GATE 17 will also sell like hot cakes and will soon be sold out. Why? Albert Sacher, MBA, Sales Director of C&P Immobilien AG, explains this in clear terms:
“We always see projects from the client’s perspective. The first question is: What does the tenant need? Every investment property is conceived of based on this mindset and, as a result, the outcome is always right for the investor.”
Innovative living concept
This promise is reflected in the innovative approach of GATE 17. Future tenants have access to an in-house laundry service as well as the option of having their apartment regularly maintained by a cleaning company. The commercial areas, which total around 2,000 m2 , offer space for a wide range of service providers – including ‘co-working’, providing residents with a comprehensive convenience package. A supermarket is also planned for the building. And if you don’t want to have your laundry done externally, you can go to the Laundry Lounge, a cool mix of laundromat and trendy café. We’re chilling…
Quality square metres
The green spaces of the residential ensemble and the light-friendly architecture of GATE 17 make the ‘gateway to green’ a tangible experience inside as well. ‘Through-the-wall’ floor plans turn every square foot of living space into a quality square foot. Neither unused space nor dark corners spoil the pleasure of living. Balconies, private verandas, a spacious inner courtyard and the continuous roof terraces are additional features of this investor project. Free space that residents might enjoy after work with a bottle with the blue label. Our motto is:
We’re staying…
This quality of life in urban areas also leads to pleasing results for investors: tenants no longer want to move out.
Albert Sacher, Sales Director for C&P Immobilien AG, mentions only one current figure yet again: 0.86% vacancy rate. That pretty much says it all. Together with the initial rental guarantee at the time of purchase, the all-round carefree package in ongoing management and the proven demand to date, GATE 17 also demonstrates the market leadership of C&P Immobilien AG in investment apartments in the private customer segment once again.
About C&P Immobilien AG:
C&P Immobilien AG was founded in 2006 and develops, sells and manages apartments. Purchasers are primarily investors looking for income or additional income from renting out apartments they have purchased. C&P has been Austria’s leading provider of apartments for rental and private purchase since 2011. The company headquarters is in the Brewery Quarter in Puntigam, Graz. It employs around 100 staff at a total of four locations (Graz, Vienna and Klagenfurt in Austria and Berlin in Germany). Further information is available at www.cp-ag.at.
