Project Presentation

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.

Deal Highlights

Owner and asset management: JP IMMOBILIEN

The borrower and owner of the property is ESI Immobilienentwicklungs GmbH, a real estate developer and portfolio holder with decades of experience. JP Immobilien's guiding principle: We want to plan with our finger on the pulse of time and recognize housing needs earlier than others. For 25 years now, the JP Immobilien Group has been successfully active in the following areas of the real estate industry, among others: Investment, Development, Redevelopment, Marketing and Property Management. As a real estate developer, the company thus covers the entire portfolio in the real estate segment and is represented in all asset classes.

Inhouse Asset Management

The detailed refurbishment 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 team around Michael Janecek currently manages a portfolio of about 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.

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 capital invested is repaid to investors at the end of the term.

Already now annual rental income of € 389,000

The project is already very well occupied with several anchor tenants and currently generates a net annual rent of €389,000. The current average rent of €9.20 /m² is in line with the market and still offers upward potential.

Rendity interest deposit

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

Investment Case

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.

Distribution every 3 months:

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

Interest Depot:

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.

Financials

Purchase costs property
13.805.000 €
Financing costs
674.000 €
Remediation costs
1.557.000 €
Other costs
93.000 €
Total cost
16.129.000 €
Annual rental income
389.000 €
Total return
2 €

Finance Structure

Location

Discover the surroundings

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.

Palais Liechtenstein

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.

Votive Park

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.

Schafbergbad

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.

People's Opera House

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

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.

Rating

A
CategoryRatingPoints
LocationPrimary
1
VacancyOccupied
1
Development StageManagement
1
Track RecordMore than € 250 million developed
1
Asset TypeResidential
Duration36 months or more
3
Existing Bank FinancingYes
Pre Sales>20%
1
Total
8
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