Funded successfully

Rathausplatz 7

Stockerau by Vienna

Return

6.5% 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 "Rathausplatz 7" is a new construction project with a total of 21 residential units and three commercial premises with a weighted residential floor space of approx. 2,350m² in Stockerau, near the city limits of Vienna. In addition, 36 parking spaces are allocated to the residential units. The apartments have large open spaces (private gardens, balconies and terraces) and are oriented to the south, east, west. Apartment floor plans are in line with modern requirements and vary from 2 rooms (up to 4 rooms (from approx. 114 m²). The aim of this crowdinvesting campaign is to partially redeem the invested capital for the first phase.

The development project is located in the area of Landstraße 1 and Rathausplatz 7 in the old town center of Stockerau. It is impressive in terms of architecture, social amenities (meeting and communication zone), functional floor plan solutions and residential character. Numerous local suppliers, banks, doctors and facilities for daily needs are located in the immediate vicinity.

The project is characterized by an environment with high development potential, as well as a very experienced project developer with an excellent network.

Deal Highlights

Project developer and experienced builder - GCA Wohnbau

The team of structural engineers, draftsmen, planners and architects stands for contemporary architecture and implementation of this philosophy in all planning phases. This enables the developer to successfully realize its own projects in-house, from the procurement of land to the development and implementation of new creative living concepts and sales.

Attractive interest rates and short term - 6.50% yield for 24 months term

Investors receive an annual interest rate of 6.50% on their invested capital. The interest is distributed to the investors every year. The capital invested is repaid to the investors at the end of the term of a maximum of 24 months.

Construction has started

After the purchase of the property, the building permit has already been successfully obtained and planning has begun. Construction has already started in the 3rd quarter of 2021 and should be completed by late summer 2022.

Rendity instant interest - interest from the 1st day

Investors receive the Rendity Immediate Interest as soon as they deposit their investment, which is paid out as soon as the subscription period expires. With Rendity Immediate Interest, investors receive interest on their invested capital not only for the term of the loan, but also for the period prior to that. Thus, investors receive interest on their investment even during the subscription period. The accrued Rendity Instant Interest is already paid out to the Wallet after the end of the subscription period.

Green and at the same time urban location in Stockerau near Vienna

Stockerau is located directly on the A22 freeway and on the Nordwestbahn railroad line and thus has good transport connections. The S-Bahn line S3 connects Stockerau with Vienna, Wiener Neustadt and Hollabrunn; in addition, regional trains run in the direction of Vienna and Retz. The travel time by car from Stockerau to the city center of Vienna is about 30 min.

Investment Case

The borrower is the registered owner of the properties with the addresses Landstraße 1 and Rathausplatz 7, 2000 Stockerau. The new building project "Wohnen am Rathausplatz" is a head building with 21 high-quality equipped apartments and 3 business premises. The construction plan is divided into three sections, after which the terraced houses are to be built in the first stage.

The total weighted living area is 2,350m² plus open spaces and balconies. In addition, 36 parking spaces will be allocated to the residential units. The aim of this crowdfunding campaign is to partially redeem the invested capital for the first phase. Construction has already started.

Annual distributions:

During the term, the lender will receive an annual distribution of 6.50%.

Short Term:

The lender will receive its invested capital back after realization of the individual units. According to the planning, this is to take place after a maximum of 24 months.

Financials

Purchase price land
1.020.055 €
Development & connection costs
285.600 €
Construction costs shell
3.090.307 €
Construction costs technology
1.419.183 €
Construction costs expansion
2.528.526 €
Outdoor facilities
55.262 €
Fees
922.360 €
Reserve and incidental expenses
166.854 €
Financing costs
447.217 €
Total investment costs
9.935.364 €
Sales revenue (assumption)
11.378.000 €
Profit
1.442.636 €

Finance Structure

Location

Discover the surroundings

Stockerau is located directly on the A22 freeway and on the Nordwestbahn railroad line and thus has good transport connections. The S-Bahn line S3 connects Stockerau with Vienna, Wiener Neustadt and Hollabrunn; in addition, regional trains run in the direction of Vienna and Retz. The travel time by car from Stockerau to the center of Vienna is about 30 min.

Vienna

Vienna, the capital of Austria, is located in the east of the country on the Danube. Its artistic and intellectual heritage has been shaped by residents such as Mozart, Beethoven and Sigmund Freud. The city is also known for its imperial palaces such as Schönbrunn Palace, the summer residence of the Habsburgs. In the MuseumsQuartier, works by Egon Schiele and Gustav Klimt, among others, can be seen in historic and modern buildings.

Greifenstein Castle

Greifenstein Castle is located on the Danube above the Greifenstein district of the same name in the municipality of Sankt Andrä-Wördern in Lower Austria, northwest of Vienna. The hilltop castle towers high on a cliff of the Vienna Woods above the southern steep bank of the Danube. Together with Kreuzenstein Castle, which lies roughly opposite, it served to guard the Danube bend at the Vienna Gate. Today, the new Greifenstein power plant can be seen from here and the peaks of the Vienna Woods to the south. An even better panoramic view is offered by the lookout station on Tempelberg (403 m), 2 km away.

Korneuburg

Korneuburg is a municipality in the Weinviertel region of Lower Austria with 13,334 inhabitants (as of January 1, 2021). It is the seat of both the district administration of the district of the same name and the district court of Korneuburg.

Klosterneuburg

With a population of 27,588, Klosterneuburg is the third largest city in Lower Austria. Situated between the Danube and the Vienna Woods, the town belongs to the district of Tulln as part of the Vienna environs. The town is known for the Klosterneuburg Abbey of the same name.

Stockerau AU

The nature reserve in the Stockerauer Au offers not only sights worth seeing and recreation on circular hiking trails. For the inquisitive, there is a nature trail with the possibility of a forest educational adventure tour. For sports enthusiasts there are running routes (4km, 7.5km and 10km), family-friendly cycling routes and also the possibility to sail the pristine waters with boats.

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Rating

B
CategoryRatingPoints
LocationPrimary
1
VacancyVacant
3
Development StageNew Construction
3
Track RecordMore than € 250 million developed
1
Asset TypeResidential
Duration18-36 months
2
Existing Bank FinancingYes
Pre Sales>20%
1
Total
11
B
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

GCA Wohnbau is a renowned real estate developer in Austria with many years of experience and numerous successfully implemented projects.

Great importance is attached to flexibility in all forms. Only through joint consideration are habitable floor plans found and can the materials used freely unfold their effects. Well thought-out, mature planning as well as qualitatively most fastidious conversion of all details, have the highest value with GCA living. Similarly, cost-conscious construction is the strength of the projects.

The team of structural engineers, draftsmen, planners and architects stands for contemporary architecture and implementation of this philosophy in all planning phases. This enables the developer to successfully realize its own projects in-house, from the procurement of land to the development and implementation of new creative living concepts and sales.

GCA Wohnbau

GCA Wohnbau