Thorer.Villa

Project description

The Thorer Villa can look back on a number of historical events. From the time of its construction (1897-1899), it served as the residence of wealthy families, a professional school for librarians, the administrative academy of the Leipzig District Council and currently the Saxony Administrative Court.

About the property

  • Project category: Business
  • Project type: Existing properties
  • Building: 1897
  • Purchase: 2016

Investment data

  • Investment amount: EUR 1.500.000
  • (planned) revenue*: EUR 3.000.000

Note: *) This value is a forecast.

Property location

Macro-location

Leipzig has 597,493 inhabitants, making it the largest city in Saxony. Leipzig is internationally known mainly for the Leipzig Book Fair. The city is also home to the German National Library. Leipzig's tradition as a city of books is also reflected in the local museums. The German Book and Script Museum of the German National Library and the Museum of Printing Arts are of interest in this regard.

Furthermore, Leipzig has an impressive range of education institutes. Alongside Leipzig University, the city is home to various other academic institutions such as the College of Technology, Business and Culture; the FOM University of Applied Sciences for Economics and Management; the Academy of Fine Arts; the University of Telecommunications and the HHL Leipzig Graduate School of Management.

The most important attractions in Leipzig include the Old Town Hall, the Monument to the Battle of the Nations, the Bibliotheca Albertina, the Federal Administrative Court, Gohlis Palace and Schiller’s House.

Leipzig has a rich tradition of theatre and opera, which is still represented today by the Leipzig Playhouse and Leipzig Opera House.

Leipzig is home to Mitteldeutscher Rundfunk (MDR), which belongs to the ARD broadcasting group and is therefore of national importance.

Leipzig has excellent infrastructure with connections to the international airport and the main railway station.

 

Micro-location

Built in 1897/99, the listed villa originally belonged to the fur trader Curt Thorer. In the GDR, various public institutions were housed in the building, and after reunification, the building continued to be used as a court. The property is located in Leutzsch, which was a separate municipality until 1922 and has been a northwestern district of Leipzig since then. The district is characterised by an Art Nouveau villa district, which also includes the Thorer Villa. Even in the GDR era, Leutzsch was considered an upscale residential area. This still applies today. It is an absolutely prime location.

A municipal nursery school, the Badura sports school, the Alireza Hamzehian physiotherapy practice, two veterinary practices and the Leutzsch-Arkaden shopping centre (with Rewe and Penny) are within walking distance of the Thorer Villa. The nearest primary school (Hans-Driesch-Strasse 41) is either a ten-minute walk or a three-minute drive away. Access to public transport is provided by the bus stop in Rathenaustrasse (a one-minute walk away), Kiezstrasse bus station (a three-minute walk away) and Leipzig-Leutzsch railway station (either a fourteen-minute walk or a two-minute drive away).

Opportunities for sports activities can be found in the Alfred Kunze Sports Park. Furthermore, Leutzsch is home to Leutzscher Füchse 1990, a table tennis club whose women's team played in the First National League from 2012 to 2017.