Project Presentation

The project "Gumpendorfer Strasse 22" is an almost fully let apartment building with a central location in 1060 Vienna. This impressive apartment building comprises 14 rented units with a total usable space of approximately 2,346 sqm.

The trendy 6th district of Mariahilf in Vienna is bordered by Mariahilfer Strasse, a lively pedestrian zone with shops for fashion and lifestyle. Vienna's large Naschmarkt magically attracts gourmets with food stalls and open-air market stalls. The 'Haus des Meeres' aquarium is located in a massive flak tower from the Second World War. In the streets of the quarter you will find hip shops, classic Viennese coffee houses and some theatres.

The property "Gumpendorfer Straße 22" is surrounded by all the important amenities of daily life and is excellently connected to the public transport network due to its proximity to the traffic junction Karlsplatz (underground lines, Badnerbahn, public transport). You can reach the city centre of Vienna on foot in a few minutes and at the same time quickly reach green areas such as the Wiener Resselpark, Schillerpark, Volksgarten, Burggarten and the Stadtpark.

Deal Highlights

Eigentümer und Asset Management: JP IMMOBILIEN

The borrower is the owner of the property and a subsidiary of ESI Immobilienentwicklungs GmbH and Dr. Jelitzka + Partner Gesellschaft für Immobilienberatung und -verwertung GmbH, a real estate developer and portfolio manager with decades of experience. JP Immobilien's guiding principle: We want to plan with our finger on the pulse of the times and recognise residential needs earlier than others. The JP Immobiliengruppe is currently one of the largest private inner-city (1st to 9th districts) property developers in Vienna and one of the leading marketers in the residential property and retirement home sector.

Inhouse Asset Management

The detailed renovation and owner management of Gumpendorfer Strasse 22 is carried out by the in-house asset management team, which is characterised by extensive real estate experience and excellent market knowledge. The team around Michael Janecek currently manages a portfolio of around 120 properties with a strong focus on Vienna's inner city districts. The great success is largely due to the many years of experience, commitment, know-how and real estate expertise within the team.

Rental income of about €132,000 per year

Annual net rental income currently stands at around €132,000 and further increases in rental income are expected through a reduction in vacancies and new leases at market rents.

Regular additional income - 4% p.a. Distribution every 3 months

Investors receive quarterly distributions of 4% p.a. on their invested capital during the term. The invested capital is repaid to the investors at the end of the term.

Rendity Interest Deposit

The Rendity interest portfolio serves to secure our investors. Before the start of each project, the respective borrower has to pay an interest deposit in the amount of the interest of half a year into a separate escrow account. The interest deposit deposited by the borrower is subject to fiduciary custody and may only be used to compensate for interest payments not made or missing capital repayments to the investors.

Rendity Instant Interest - Interest from the 1st day

Investors receive immediate interest from the time they pay in their investment, which is paid out at the end of the subscription period. With the Rendity Sofortzins 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 accrued immediate yield interest is paid out to the Wallet after the end of the subscription period.

Investment Case

For the purpose of partial refinancing of the equity capital used, ESI Gump 22 GmbH, a subsidiary of ESI Immobilienentwicklungs GmbH and Dr. Jelitzka + Partner Gesellschaft für Immobilienberatung und -verwertung GmbH, intends to take up qualified subordinated loans of a maximum of € 1,500,000.

The borrower is the land registry owner of the property with the property address Gumpendorferstrasse 22, 1060 Vienna. The borrower is a subsidiary of ESI Immobilienentwicklungs GmbH and Dr. Jelitzka + Partner Gesellschaft für Immobilienberatung und -verwertung GmbH. The existing property is divided into 14 rentable units (plus storage and basement rooms) with a rentable area of nearly 2,346 sqm. The first half of the property was acquired in 2018 and the second half in February 2020, so that the entire property is now owned by ESI Gump 22 GmbH. The purchase was carried out using both debt and equity capital and currently generates an annual net rent of more than €132,000. The aim of the crowd investing campaign is to partially redeem the equity capital used.

Quarterly distributions

During the term, the lender receives an annual interest rate of 4.00%.

Interest deposit

The Rendity interest portfolio serves to secure our investors. Before the start of each project, the respective borrower has to pay an interest deposit in the amount of the interest of half a year into a separate escrow account. The interest deposit deposited by the borrower is subject to fiduciary custody and may only be used to compensate for interest payments not made or missing capital repayments to the investors.

Financials

Purchase price
8.425.000 €
Additional purchase costs
730.000 €
Financing costs
100.000 €
Carried out renovation
280.000 €
Planned maintenance
315.000 €
Total investment
9.850.000 €
Total usable space
2.346 €
Occupancy rate
92 €
annual net rental income
132.000 €

Finance Structure

Location

The 6th district, also known as "Mariahilf", is located in the heart of Vienna. In addition to its excellent infrastructure with numerous local suppliers, shopping streets and transport connections, this district borders directly on the 1st district as the centre. The 6th district is a district of colourful hustle and bustle amidst its coffee house classics and new modern restaurants. With the "Naschmarkt", this is home to the largest and probably most famous market in the city centre with its special flair of market stalls and international locations. Mariahilfer Straße with its endless shops, restaurants and cafés is also particularly famous. Characteristic for the 6th district is probably also its sloping terrain, for which the architecturally significant and secessionist style staircases, such as the Fillgraderstiege and Rahlstiege are also known.

Historically, the area around Gumpendorf in what is now the 6th district was settled by Indo-Germanic tribes around 2000 years BC. During the Roman Empire the Romans established their military camp "Vindobona" in the area. After the Turkish siege and the later 2nd World War, the 6th district established itself as a small but exquisite district, characterised by historic old buildings, theatres, museums and parks. Today the 6th district is a district with a high quality of life, centrally located and with the best infrastructure and necessities of daily life.

Discover the surroundings

The 6th district lies in the heart of Vienna, the most liveable city in the world. Where history and cultural diversity unite, the beautiful apartment building is located at Gumpendorferstraße 22. The location offers everything that makes living in the city dignified and pleasant and also leaves nothing to be desired in terms of infrastructure. Gumpendorferstraße 22 has ideal transport connections, the underground station Kettenbrückengasse (5 minutes on foot), Museumsquartier (5 minutes on foot) and various bus and tram connections (5-10 minutes on foot) are within walking distance. Mariahilfer Straße, Naschmarkt or the Museumsquartier - all of these can also be reached on foot in just a few minutes. To the south-east, Vienna's Schwechat Airport is only a 25-minute drive away, while to the north, numerous recreational areas including vineyards and wine taverns can be reached.

Mariahilfer Strasse

As the longest shopping street in Europe, Mariahilfer Strasse stretches over a length of almost 4 kilometres, whereby the so-called "inner Mariahilfer Strasse" leads from the Getreidemarkt to the Mariahilfer Gürtel (Mariahilfer Belt), on which many international brand shops can be found and which is also dedicated in sections as a pedestrian zone. The inner Mariahilfer Strasse already served as a special shopping street of the k.u.k. Monarchy and even today it is still home to local suppliers, fashion, furniture, crafts and numerous restaurants and cafés. There is almost nothing that cannot be found on the "MaHü", which is colloquially known in Vienna. Meanwhile, it has established itself as the centre of the young and hip scene of Vienna and captivates by numerous shops that can only be found in this place. Many historically grown buildings and ornate old buildings adorn the Mariahilfer Straße and create a worth seeing symbiosis of old and new.

Museum Quarter

Vienna offers sights and opportunities en masse to experience great things. And one thing is for sure: if you like Vienna, then you also love the Museumsquartier. Originally built in 1725 as imperial court stables, today there are no horses to be found, but there are a lot of cultural and culinary possibilities. You should take enough time to get to know the MQ in all its splendour and discover all the corners, steps and platforms.

Snack Market

The Naschmarkt is located in the 6th district and is considered the largest inner-city market in Vienna. The special flair of the Viennese Naschmarkt is due to its mixture of market stalls and restaurants, which join together in a snake-like manner in the middle of the left and right Wienzeile. Along the entire length there are market stalls with fresh goods such as fruit, vegetables, spices, fish and meat, as well as restaurants with national and international cuisines, cafés, patisseries, bakeries and smaller bars that open early and where night owls sometimes mix with market traders. Culinary the Naschmarkt thus contains everything that makes gourmet hearts beat faster and supplies its surroundings with all necessary food as well as all kinds of other offered goods.

Schillerpark

The Schillerpark is a historical green space. It consists of symmetrical meadow roundabouts and has old trees. In the centre of the park and square is the Schiller Monument,

Rating

A
CategoryRatingPoints
LocationPrimary
1
VacancyOccupied
1
Development StageManagement
1
Track RecordMore than € 250 million developed
1
Asset TypeResidential
Duration18-36 months
2
Existing Bank FinancingYes
Pre Sales>20%
1
Total
7
A
Rendity Rating are for informational purposes only. Real estate projects may fail. In the worst case, even the total loss of the invested capital can occur. You should therefore only invest funds you can afford to lose. Moreover, funds should be spread across various projects (diversification). Please note the respective documents for each project as well as the Risk Notice.

Team

Die Gründung der JP Immobilien Gruppe entsprang der steirisch-persischen Freundschaft von Dr. Daniel Jelitzka und Reza Akhavan im Herbst 1996. Das Unternehmen beschäftigt mittlerweile 50 Mitarbeiter. Bis heute wurden von der JP Immobilien Gruppe rund 400 Projekte in Österreich – mit Schwerpunkt Wien – entwickelt und realisiert. Die hauseigene Maklerfirma hat bis dato rund 500.000 m² Fläche an Wohnungen, Zinshäusern sowie an Büro- und Gewerbeflächen verwertet. Die JP Immobilien Gruppe ist zurzeit der größte private innerstädtische Bauträger Wiens (1. bis 9. Bezirk) und der führende Vermarkter im Bereich von Wohnimmobilien und Vorsorgewohnungen mit rund 400 Abschlüssen pro Jahr.

„Wir haben was für Sie“ lautet das Motto von JP Immobilien. Mit dem hohen Anspruch Wohnbedürfnisse und Trends frühzeitig zu erkennen und in die Projekte einfließen zu lassen, setzt das Unternehmen auf ganzheitliche Immobilienlösungen. Ziel ist es, die Bedürfnisse des Einzelnen genauso wie die finanziellen Möglichkeiten zu berücksichtigen. Neben Service, Qualität und Innovation setzt JP Immobilien auch gezielt auf visionäre Ansätze. Hinzu kommt individuelle und professionelle Betreuung auf höchstem Niveau.

Der hohe Designanspruch der JP Immobilien Gruppe zeigt sich in jedem einzelnen Projekt. Das JP-Erfolgsrezept: Die Geschichte der Immobilie und der Umgebung gezielt in die Projektentwicklung einfließen lassen. Dazu zählen langlebige Konzepte, Modernität und Funktionalität, die auch der nachhaltigen Stadtentwicklung Rechnung tragen.

Neben der Kernkompetenz als Makler versteht sich das Unternehmen als Investmentpartner, Berater, Branded Adress-Pionier und Bauträger und Stadtentwickler. Das Unternehmen setzt auf ein über die Jahre gewachsenes und bewährtes „All-In-One“-Dienstleistungsportfolio:

Investment

Die JP Immobilien Gruppe verfügt über ein Zinshausportfolio mit einer Gesamtfläche von derzeit rund 200.000 m². Sämtliche Immobilien werden vom hauseigenen Asset Management Team in enger Zusammenarbeit mit der internen Vermarktungs- und Sanierungsabteilung aktiv betreut.

Investmentpartner

Als Investmentpartner bietet die JP Immobilien Gruppe die Möglichkeit, sowohl direkt als auch indirekt in JP-Immobilien zu investieren. Durch die umfassende Expertise in den verschiedensten Immobilienbereichen können so sämtliche Investitionsmöglichkeiten den Bedürfnissen des Investors entsprechend (insbesondere im Hinblick auf Volumen, Laufzeit und Risikobereitschaft) angeboten werden.

Development

Seit 1996 ist die JP Immobilien Gruppe als Bauträger im frei finanzierten Bereich tätig und errichtet jährlich rund 200 bis 500 Wohnungen mit Fokus auf Architektur und Ausstattung. Alle Development Projekte des Unternehmens zeichnen sich zusätzlich durch langfristige Nutzereffizienz aus. Seit einigen Jahren hat sich die JP Immobilien Gruppe auch am Wiener Hotelmarkt etabliert. Die Projekte punkten durch ihre individuelle Positionierung und außergewöhnliche Architektur.

Vermarktung

Im Portfolio der JP Immobilien Gruppe befinden sich sowohl Wohnungen als auch Büros in innerstädtischer Lage, Geschäftslokale, Ordinationen, Produktionsstätten, Lagerflächen, Garagen und Grundstücke. Ob Miete oder Eigentum – je nach Wunsch und finanziellen Möglichkeiten vermitteln die Makler der JP Immobilien Gruppe das jeweils passende Objekt.

Property Management

Als Mitgesellschafter der IMV Immobilien Management GmbH stellt JP Immobilien die bestmögliche und nachhaltige Bewirtschaftung sämtlicher Immobilien sicher. Die IMV ist die größte Hausverwaltung Österreichs und verwaltet rund 3,7 Millionen m2 (davon rund 90% in Österreich und rund 10% in Deutschland und CEE).

Immobilienconsulting

Die Experten der JP Immobilien Gruppe verfügen über ein fundiertes Spezialwissen und langjährige Erfahrung. Oberstes Ziel ist die Optimierung der Klienten-Erträge.

Serviced Apartments

Die JP Immobilien Gruppe ist seit 2008 im Bereich Serviced Apartments tätig. Komplett ausgestattete Apartments in ausgesuchten Lagen, die über flexible Zeiträume angemietet werden können, vereinen die Vorteile eines selbst wählbaren Hotelservices und das Bedürfnis nach Privatsphäre.

JP Immobilien

daniel_jelitzka_7a8fda13ac
Dr. Daniel Jelitzka
reza_akhavan_43db785bc5
Reza Akhavan