The property "Nußdorferstraße 10-12" in the middle of the 9th district is an impressive apartment building, which is currently fully rented. The project has a total of 28 units and a total weighted floor space of approx. 3,500m². It is already very well occupied with several anchor tenants and currently generates a net annual rent of €389,000.
The apartment building is surrounded by all important amenities for daily needs and is excellently connected to the transport network due to its proximity to the subway station Nußdorferstraße (U6), as well as the Währinger Straße-Volksoper (U6). The beautiful corner apartment building is located in the southern part of the 9th district of Vienna, in close proximity to the Volksoper and the General Hospital. Währinger Straße can be reached on foot in a very short time. The elegant residential area is known for numerous pubs and a high quality of life.
The property owner and asset manager is JP Immobilien Group. The detailed renovation and owner management of "Nußdorferstraße 10-12" is carried out by the in-house asset management team, which is characterized by extensive real estate experience and excellent market knowledge.
The borrower is the registered owner of the property with the address Nußdorferstraße 10-12/Widerhofergasse 1, 1090 Vienna. The existing property is divided into 28 rentable units (plus storage and basement rooms) with a rentable area of almost 3,500m².
The purchase of the imposing apartment building took place in each case with the use of debt and equity and currently generates an annual net rent of more than €389,000. The goal of the crowdinvesting campaign is to partially redeem the equity used.
During the term, the lender receives an annual distribution of 4.00%.
The Rendity interest deposit serves as a security for the investors. Before the start of each project, the respective borrower has to deposit an interest deposit in the amount of half a year's interest into a separate escrow account. The interest deposit deposited by the borrower is subject to fiduciary safekeeping and may only be used to compensate for interest payments not made or missing capital repayments to the investors.
Nußdorferstrasse 10-12 is located in the southern part of Vienna's 9th district, in the immediate vicinity of the Volksoper and the General Hospital. Währinger Strasse can be reached on foot in a very short time. The elegant residential area is known for numerous pubs and a high quality of life. Beautifully landscaped parks can be found within walking distance. Various means of public transport (subway line 6, various bus and streetcar lines) are in the immediate vicinity and also provide access to Vienna's city center and the surrounding area within a few minutes.
The Garden Palace Liechtenstein is a baroque palace on Fürstengasse in Vienna's 9th district, Alsergrund. Between the palace, which housed the Liechtenstein Museum until the end of 2011, and the summer palace on Alserbachstraße, which was designed as a Belvedere, lies a park. One of the largest Rubens collections, central works by van Dyck, Lucas Cranach and Raphael can be admired, as well as oeuvres by Rembrandt, van Ruysdael and Hamilton. In addition, there are porcelain, an extensive bronze collection and one of the most beautiful French state coaches still in existence. A particularly valuable exhibit is also the Badminton Cabinet, the most valuable piece of furniture in the world. The great variety of paintings, sculptures, furniture, porcelains and tapestries, in combination with the architecture of the Garden Palace Liechtenstein, conveys the pleasant and noble atmosphere of a family collection. The Liechtenstein Collection is one of the largest and most important in the world.
The Votivpark is located in the western part of Vienna's Inner City between the University and the Votivkirche. It takes less than three minutes to walk here from the Schottentor subway station.The green spaces around and in front of the Votivkirche were designed around 1870 following the construction of the church. In 1984, the green areas around the church were named "Votivpark", while the green areas facing the Ring were named after Sigmund Freud. Since the park is close to the university, there was a hustle and bustle here in the afternoon. Many students spend their breaks here.
A visit to the Schafbergbad in the 18th district guarantees cooling off and lots of water fun. At a whopping 102 meters, the slide there is also considered the longest slide in the city. The queue of people waiting can sometimes reach all the way to the bottom. But we promise: The queue is worth it and you shouldn't miss out on the slide fun. Otherwise, the Schafbergbad is also absolutely recommendable, spoils you with a view over the whole of Vienna, a large sunbathing area, shady spots and is extremely chill. You can check the homepage to see if there is still Corona capacity on the sunbathing lawns for the day in question.
The Haus des Meeres is a former flak tower in the middle of the 6th district, which now serves as a zoo of diverse marine aquariums and terrariums. In the House of the Sea, tropical freshwater and seawater fish cavort alongside fish from the Mediterranean and native waters. Here you can walk through the tubular Atlantic tunnel, watch hammerhead sharks on the 10th floor of the tower and take a closer look at monkeys, crocodiles, giant snakes and tarantulas in the tropical house. Another attraction here is the magnificent view from the roof terrace, where you can enjoy a magnificent view of the city.
Vienna General Hospital is one of the largest hospitals in Europe and the largest in Austria. It has over 2,000 beds and employs nearly 10,000 people, about one-sixth of them doctors. Every year, half a million patients are treated in the wards and 397 outpatient clinics. The AKH is an important pillar of Vienna's health care system. In addition, it is the seat of the Medical University of Vienna and serves as a training hospital for 7,500 students. Due to the large flow of people and the number of workplaces, the AKH Vienna represents a special feature for the surrounding residential real estate market.
|Track Record||More than € 250 million developed|
|Duration||36 months or more|
|Existing Bank Financing||Yes|
JP Immobilien Group was founded more than 25 years ago by business partners Daniel Jelitzka and Reza Akhavan. It is one of the most active and successful market players in the Austrian real estate industry with a focus on Vienna. It is still owner-managed and therefore completely independent. According to the principle "Real Estate Business is People Business" all customers are personally attended to. The many years of experience, the know-how and the competence of our colleagues stand for sustainable real estate specific solutions for the benefit of our customers. Regardless of whether it is a matter of satisfying a residential need or optimizing the earnings of an entire real estate portfolio.