Project Presentation

The project "Südbahnstraße 3" is a modern new building project in 2544 Leobersdorf. In the course of the project, 13 residential units will be built on a total floor space of 975 m² plus open spaces as well as 19 underground parking spaces.

The property is surrounded by all important amenities for daily needs. The new building project is located in the highly demanded Leobersdorf. The city center of Vienna can be reached by car within 30 minutes. The S-Bahn station that connects Leoberdorf directly with the main train station can be reached by car in 3 minutes.
The purchase of the property has already taken place, the building permit is also available and the planning of the project is in full swing. The planned start of construction is in the 4th calendar quarter of 2021 and completion is expected in the 1st calendar quarter of 2023. The project features an environment with high development potential and experienced project developers with an excellent network.

Deal Highlights

Conception of the project by SUHA Real Estate Holding GmbH

The project developer is an experienced property developer. SUHA Real Estate Holding GmbH is committed to the success of all stakeholders and adheres to a set of high standards and values. Integrity, creativity, reliability and attention to detail have been and continue to be the keys to the company's success.

Attractive interest rates and short term - 7.00% yield with a term of only 24 months

Investors receive an annual interest rate of 7.00% 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 maximum term of 24 months.

RENDITY Immediate interest - interest from the 1st day

Investors receive the Rendity Instant Interest as soon as they deposit their investment, which is paid out as soon as the subscription period expires. The Rendity Instant Interest allows investors to 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.

Optimal use of space & high quality equipment

In the course of the upcoming new construction, 13 new residential units plus balconies & terraces with a total floor space of 975 m² will be created with a conservative assumption, with potential for a total floor space of up to 1,050 m2. In addition, 19 underground parking spaces will be built. Much emphasis is placed on modern, appealing and contemporary architecture.

Up-and-coming location in Leobersdorf with good transport links

From a traffic point of view, Vienna is easily accessible by car from Südbahnstraße 3 in the Vienna Speckgürtel. If you prefer to use public transport to get to the center of Vienna, the S-Bahn station can be reached by car in 3 minutes. Furthermore, you can reach Baden as well as Wiener Neustadt in only 15 minutes.

Investment Case

The borrower is the registered owner of the property with the address Südbahnstraße 3, 2544 Leobersdorf. In the course of the new construction, 13 residential units will be built, with a total usable floor space of 975 m² on a conservative assumption, with potential for a total usable floor space of up to 1,050 m² plus terraces and balconies.

The acquisition of the property has already taken place and a building permit is also available. The execution is in full swing and the start of construction took place in the 4th calendar quarter 2021. All residential units are to be sold through individual sales. It is expected that construction activities will be completed no later than the 1st calendar quarter of 2023.

Annual Distributions:

During the term, the lender will receive an annual distribution of 7.00%.

Short Term:

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

Financials

Purchase price property
750.000 €
Incidental purchase costs
451.000 €
Planning costs (architect, structural engineer, etc.)
29.000 €
Construction Cost
2.575.000 €
Financing Cost
140.000 €
Total investment costs
3.945.000 €
Sales revenue (assumption)
4.905.000 €
Profit
960.000 €

Finance Structure

Location

WELCOME TO LEOBERSDORF

Leobersdorf is a market town in the district of Baden in Lower Austria. An idyllic village with Heurigen and beautiful, spacious green areas, it is home to 4,946 inhabitants. Situated at the exit of the Triesting Valley and on the edge of the Vienna Basin, the Triesting River offers the opportunity for relaxing walks along the water. About 16% of the total area of Leobersdorf is forested.

MICRO LOCATION SÜDBAHNSTRASSE

Nothing is worth more than a good location. The project "Südbahnstrasse 3" is located in easily accessible surroundings of several stops, regional bus lines. These can be used in particular to reach the Leobersdorf train station, which is served by the most common S-Bahn lines in the area and thus provides a direct connection to the center of Vienna. The Vienna main station/Südtirolerplatz (U1) can be reached from the Leobersdorf train station in only 35 minutes. Shopping facilities are available in the idyllic village and also kindergartens, schools, doctors, pharmacies and hospitals are in the vicinity. For leisure and recreational opportunities, there is also the nearby famous town of Baden, which is located on the thermal line, with its casino, as well as its theater.

Discover the surroundings

Leobersdorf is characterized by authentic buildings in the style of Franconian terraced farmsteads, which date back to the Babenberg period, when settlers from Franconia and Bavaria made their home in Leobersdorf.

Leobersdorf Parish Church

Initially a branch of the parish of Traiskirchen, Leobersdorf became an independent parish incorporated into the Melk Monastery in 1312. It has been largely preserved in its medieval building fabric. At least as important for the inhabitants of Leobersdorf is the idyllic square in front of the parish church. At the main square or town hall square of the village, people come together to celebrate festivities, especially in the summer months. Whether it be town festivals or fire department festivals, here everyone comes together to have a great time.

Healing Fountain Leobersdorf

The water from the spring, which has now dried up, was said to have healing powers, which is why it and the Lady Chapel built next to it are still the destination of pilgrims from the surrounding communities today. When the water flow dried up in 1970, a connection was made from the nearby pumping station of the water supply association. The spring first became famous because of the healing effect it was said to have; even the terminally ill are said to have recovered. Eye patients in particular sought it out, a blind woman would have her sight restored and the son of Peter von Braun (1758-1819), lord of Schönau an der Triesting, would have been cured of a serious eye complaint. A special highlight of the fountain, however, is the drinking water quality. According to a study, this was determined to be equal to the Vöslau mineral water. Thus, it can serve as a refreshing cool-down during an idyllic walk.

Bathing

The nearby, ever-popular town of Baden can be reached in just 15 minutes by car. Baden is an important spa town due to its hot sulfur springs. These sulfur springs have been known for thousands of years. The oldest sulfur spring is located in a gallery under the casino. Today, the water comes from fourteen springs, which are among the most sulfurous in Austria. In addition to the springs, Baden is also a climatic health resort due to its good air conditions. The townscape is characterized by buildings of the Biedermeier period, and in the early 19th century the town experienced an economic boom due to spa tourism from Vienna. The casino in Baden is also widely known. It was built between 1884 and 1886 according to the plans of the architects Eugen Fassbender and Maximilian Katscher as a new spa house. The building was constructed in the neo-Renaissance style in place of the old Theresienbad in the spa gardens. It was reopened after several renovations in 1995 as the largest casino in Europe, including a congress and event center. The casino is regularly used for cultural events (readings, concerts), and the Ave Verum International Choir Competition is also held there.

Rating

C
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 Sales0-9,9%
3
Total
13
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

SUHA Real Estate Holding GmbH is committed to the success of all stakeholders and adheres to a set of high standards and values. Integrity, creativity, reliability and attention to detail have been and continue to be the keys to the company's success.

The Issuer has extensive experience and expertise in residential, industrial, office and other specialized real estate.

Its customers include both private individuals and companies.

Behind SUHA Real Estate Holding GmbH is a highly ambitious businessman with a penchant for exclusive, challenging construction projects that balance sustainability, considerate use of materials, resources and the environment with contemporary architecture and cutting-edge design.

SUHA Real Estate Holding GmbH