Funded successfully

Hauptstraße 42

Tullnerbach

Return

6.8% p.a.

Duration

24 months

Project type

Growth

Distribution

Yearly

Notice according to § 12 (2) Vermögensanlagengesetz

This investment involves considerable risk and may result in partial or total loss.

Project Presentation

The project "Hauptstraße 42" involves the construction of a modern residential complex in an exclusive building style with a total of 32 privately financed owner-occupied apartments with a weighted living area of approx. 2,711 m² and 500 m² of garden areas. In the basement, 64 parking spaces are available for the residents of the house as well as a pram and bicycle storage room. Situated in the middle of the Vienna Woods and only 16 km west of Vienna, the project offers modern living in the greenery of a sought-after residential area. The new building project is located directly in the centre of the village - so that all everyday activities can be easily done on foot or by bike. In addition to the connection to the Westautobahn, the railway station Tullnerbach-Pressbaum is not far away. From there you can reach the city centre of Vienna in less than 30 minutes.

The needs of different target groups were taken into account in the planning. For example, the room layout was adapted to different living situations. A contemporary and comfortable construction method was used in the implementation. The floor plans of the project are designed in such a way that both owner-occupiers and purchasers of retirement apartments can be addressed in the realisation.

Deal Highlights

Attractive interest rates - 6.80 % annual payout

Investors receive an annual return of 6.80% 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 24-month term.

Building permit has already been granted

Following the purchase of the property, planning permission has already been successfully obtained and construction work will begin shortly.

Safety through personal liability

Personal liability in the form of a hard letter of comfort in the amount of the loan amount issued by the managing partner

Vienna suburbs

The Vienna Speckgürtel is the region of Austria with the strongest population growth. For the year 2030, 3 million inhabitants are already expected in the greater Vienna area. Tullnerbach is part of the Vienna Speckgürtel and only 16 km away from Vienna. Tullnerbach is well connected to Vienna by rail and the Westautobahn.

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.

Apartment buildings according to the most modern standards

A total of 32 exclusive residential units with a weighted usable residential area including open spaces of 2,711 m² and state-of-the-art equipment will be created.

Investment Case

For the purpose of partial financing, K3 Immobilienentwicklungs GmbH & Co HS 42 KG intends to take up qualified subordinated loans of up to € 900,000.

The borrower is the land registry owner of the property with the address Hauptstraße 42 in Tullnerbach. A total of 32 residential units with a weighted usable residential area of 2,711 sqm and 500 sqm of garden areas will be realised. The properties have already been acquired, the planning phase has been completed and construction work will start in mid-February 2020. Sales of the apartments have also already started. The planned completion date is summer 2021.

Annual distributions:

During the term, the lender will receive an annual distribution of 6.80%.

Short term:

The lender will get back his invested capital after the sale of the apartments. According to the plan, this is to take place after 24 months.

Financials

Land (incl. service charges)
2.406.800 €
Construction costs
5.902.080 €
Structure- Distribution costs
200.000 €
Financing costs
212.311 €
Reserve
200.000 €
Total investment
8.921.191 €
Expected sales revenue
11.938.900 €
Gross project profit
3.017.709 €

Finance Structure

Location

Tullnerbach is a market town in the west of Vienna and belongs to the so-called 'Viennese Speckgürtel' - according to Statistics Austria the region of Austria with the strongest population growth. In 2014, the surrounding area of Vienna still had 639,000 inhabitants - 67,000 more than in the previous year. Urban planners expect the population to rise to three million by 2030.

The attractiveness of the Vienna Speckgürtel is partly due to the high quality of living: Living in or near nature meets an optimal connection to the federal capital. Tullnerbach, for example, also convinces with the A1 Westautobahn and good public transport connections. The city limits of Vienna can be reached in only 20 minutes. The community has grown steadily in recent years. Currently Tullnerbach has 2,808 inhabitants.

Discover the surroundings

The residential complex at Hauptstraße 42 convinces with its central location in the heart of Tullnerbach. Shops for daily needs are within walking distance. Child care and educational facilities are also in the immediate vicinity. Tullnerbach's inhabitants appreciate above all the family-friendly and quiet residential areas and the variety of possible family and leisure activities, such as those offered by the Vienna Woods. But also the Wienerwaldsee offers excellent recreation. It is a shallow reservoir about 20 km west of Vienna in a quiet fork in the valley between the communities of Purkersdorf, Tullnerbach and Pressbaum. Other popular excursion destinations nearby are the Wienerwald Spa Purkersdorf, the Sparbach Nature Park, the climbing garden at the Peilstein and the Troppberg Panorama Trail. A further plus point is the excellent connections and infrastructure: the federal capital can be reached easily via the western entrance and the good train connections. On the city limits, the popular Auhofcenter, with its 140 shops, also provides shopping pleasure. The Auhofcenter is not only the largest shopping centre in the west of Vienna, but also an important economic driver for the region.

Lake Vienna Woods

The Wienerwaldsee is a shallow reservoir 20 km west of Vienna. It is located on the Westautobahn in a hollow at the fork in the valley between the municipal districts of Purkersdorf, Tullnerbach and Pressbaum. The Wienfluss and also the Wolfsgrabenbach, which flows into the Wien, serve as its tributaries. This is how the reservoir was first called Wolfsgraben-Reservoir. On the northern bank, at the parking lot of the federal road near the weir, there is the monument of Wilhelm Kress. He had an accident here on 3 October 1901 during a test run on the water with his seaplane, which was caught by a gust of wind during a turn just before the dam wall, plunged with its wings into the water and sank. Kress was not injured in this incident.

Auhofcenter

With a total of 140 shops spread over 40,000 m² of retail space, the Aufhofcenter is the largest shopping centre in the west of Vienna. In addition, the shopping mall with international format and flair is the most important economic driver in the region. A total of roughly 1,100 jobs have been directly created, and another 200 retail jobs have settled in the surrounding area. The Auhofcenter is the most important local supplier for more than 10,000 people. About 400,000 Viennese and Lower Austrians belong to the catchment area.

Purkersdorfer Bad

The Wienerwaldbad Purkersdorf is well known far beyond the municipal boundaries of Purkersdorf. The Wienerwaldbad is equipped with a swimming pool with 6 lanes and a length of 33 1/3 m, a pool for non-swimmers, a water circulation system, cabins and boxes for 1,000 people, a sauna facility.

Vienna Woods

The Vienna Woods, the easternmost foothill of the Northern Alps, is a mountain group in Lower Austria and Vienna and thus forms the north-eastern end of the Alps. The 45 km long and 20 to 30 km wide low mountain range is largely forested and a popular recreational area for the Viennese. Today, it is, including the peripheral areas in the megacity Vienna itself, largely completely designated as UNESCO Biosphere Park Vienna Woods.

location-map_7ba56a8acd

Rating

C
CategoryRatingPoints
LocationSecondary
2
VacancyVacant
3
Development StageNew Construction
3
Track RecordMore than € 250 million developed
1
Asset TypeResidential
Duration18-36 months
2
Existing Bank FinancingYes
Pre Sales0-9,9%
3
Total
14
C
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

The living concepts of K3 Immobilienentwicklungs GmbH stand for "Living together - living together" and for a contemporary and future-oriented form of living. People in all phases of life should be enabled to stay in familiar surroundings. Our preventive approach (e.g. promoting and maintaining social contacts) prevents the threat of isolation and isolation in old age or with disabilities, thus enabling people to lead independent and self-determined lives for a long time. Our comprehensive and well coordinated range of services and assistance supports the desire for independence and gives residents and their families a feeling of security.

K3 Immobilienentwicklungs GmbH

K3 Immobilienentwicklungs GmbH