Hans-Driesch-Straße

GGH Projektgesellschaft mbH
Project No.: 202030

Project description

Hans-Driesch-Straße in the Leipzig artists' quarter is one of the most expensive and most popular residential areas of the city. A large number of villas, including our project Thorer.Villa, are located in the immediate vicinity. A new apartment building with 14 integrated residential units and 7 parking spaces will be built in this preferred location in the near future.

About the property

  • Project category: Residential property
  • Project type: New building / project
  • Building: 2021
  • Purchase: 2020

Investment data

  • Investment amount: EUR 700.000
  • (planned) revenue*: EUR 1.425.000

Note: *) This value is a forecast.

Property location

Macro-location

Geographical classification

With a population of more than 500,000, it is the most populous city in Saxony and also of all the new German states. It is located in the western part of the Free State and is a metropolitan area. Leipzig is located within easy reach (about 150km) of the federal capital of Berlin between Halle on the Saale (Saxony-Anhalt) and Dresden.

Property market

The city of Leipzig has become increasingly attractive in recent years. The property market in Leipzig was quiet in the 2000s and 2010s, as the city had negative net migration. This trend has reversed in the meantime, resulting in more pressure, especially on the housing market.

Leipzig as a business location

Several federal autobahns run through or adjacent to Leipzig, making the location attractive for business and industry. Schkeuditz Airport is of great importance for European freight traffic. DHL processes the bulk of its air freight from there.

Mitteldeutscher Rundfunk broadcasting service (MDR) is one of the largest employers in the region. Leipzig also has a large start-up community of artists and creatives, meaning the city is especially important for media professionals.

Educational institutions

The University of Leipzig is one of the largest in eastern Germany and one of the oldest universities in the Federal Republic. As a centre of science, Leipzig is also of great importance on a supra-regional and international level.

Tourism and local recreation

Apart from the floodplain forest - the only one in Europe due to biodiversity loss - directly in the city area, Leipzig is also famous for its extensive lakes in the south of the city. In addition to natural rivers, these also include flooded open-cast mining areas.

 

Micro-location

The property is located in Hans-Driesch-Straße in an established mixed-use area. The location is characterised by detached single- and multi-family houses for the most part.

In addition to apartments and hotels, the surrounding area is mainly home to offices, medical practices, hairdressers, etc.

Infrastructure

Convenience stores can be found in the immediate vicinity. A school and a daycare centre are within walking distance. Various medical practices are also available.

Transport connections

Car: Various federal highways can be reached in a few minutes (approx. 2km) via the local access road. The nearest autobahn is the BAB9, which is approx. 10km away and can be accessed via the Günthersdorf junction. The federal capital of Berlin can be reached in less than 90 minutes from here.

Public transport: There is a bus stop within walking distance. The nearest regional railway station is about 1km away. There is a regular train service to Leipzig city centre from here.

Immissions

Traffic and noise immissions are not a problem. Hans-Driesch-Straße is a quiet residential street.