City life is both hectic and handy. The shopping, cultural and recreational opportunities are many, while the minutes it takes to reach them are few. Even still, many who live in cities dream of a quiet life amongst green surroundings. In the Dresden neighbourhood of Friedrichstadt, big-city inhabitants searching for quietude no longer have to choose between the two.

The CG Group’s Weisseritz Gärten project in Cottaer Strasse, combines modern urban flair with green oases of well-being. With 92 residential units, this housing complex consists of three front buildings that blend harmoniously into the older buildings along Cottaer Strasse. Behind these, in the leafy courtyard, lie three summer houses and two townhouse complexes.

The mix of tenants will be as varied as the buildings themselves—flats ranging from 35 m² to 70 m² in size are ideal for singles and couples, while young families will find their perfect home in one of the 3.5- to 5.5-room flats or one of the single-family houses with a garden. A spacious playground in the green courtyard also provides an area for children to run and play.

Friedrichstadt is one of Dresden’s priorities in terms of urban development. Real estate experts see the greatest potential in the area because of its proximity to Dresden’s Old Town, excellent access to public transport and lavishly renovated old buildings. It‘s no wonder then that Friedrichstadt is becoming increasingly popular not only with the locals themselves, but also with newcomers. The Weisseritz Gärten will only further accelerate this positive development.

Art in Building

Mosaics by artist Julia Bornefeld decorate the walls of many of the buildings’ stairwells

Overview
Project data and key figures
Project details
Sales volume (GDV): 27,000,000 EUR
Total area of the land: 7,136 m²
Area for rent/sale: 7,987 m²
Car parking spaces: 92
Construction period: April 2015 to December 2016
Year of construction: 2016
Object condition: First time use
Heating type: Central heating
Major Energy Carrier: district heating
Energy certificate: energy certificate required
residential
Object type: residential
Area: 7,987 m²
Units: 90 (30–180 m²)
Image Gallery
Current status rental and sale
Current state letting

Renting will begin during the shell construction phase.

Current state letting
76.666666666667%
69 from 90 units are rented
Current state sale

The property was sold turnkey and fully leased to a capital investment company (Versorgungskasse).

Current state sale
100%
90 from 90 units are sold
Property specification - Micro environment / Macro environment

Dresden

Dresden has approximately 550,000 inhabitants. In terms of population, it is the twelfth largest city in Germany and, just after the slightly more populous city of Leipzig, is the second largest city in the state. As the state capital of Saxony, Dresden is the political and cultural centre as well as the main traffic hub in the metropolitan area of Dresden, which is considered one of the most economically dynamic regions in the Federal Republic.

Within Saxony, Dresden represents an important economic and scientific centre and is home to numerous research institutes (Fraunhofer Society, Max Planck Society, etc.) as well as many well-known companies in the fields of microelectronics, information technology, biotechnology and electrical engineering.

However, the city is also of considerable cultural importance—from 2004 to 2009, it was registered as a UNESCO World Heritage Site. In addition to its numerous art collections, historically significant buildings from a variety of eras count themselves among the city's attractions.

Macro environment area: 328 km²
Macro environment population: 549,481
Macro environment population density: 1,674 Einwohner je km²
Macro environment unemployment rate: 7.3 %
Macro environment purchase power index: 81.2

Friedrichstadt

The neighbourhood of Friedrichstadt lies to the west of Dresden's Old Town and the suburb of Wilsdruff—across the former Weisseritz riverbed.

This district is without a doubt the most extraordinary and highly contrasting in Dresden. It has a rich history, valuable historic buildings and the most magnificent fountain in Dresden (the Neptune Fountain), and it is the area where many important architects, scientists, educators and artists did their work. Historic buildings, important history and famous names all characterise the city as much as its time as a location for factories.

Residents of this location benefit from the connections and proximity to the city centre. Nearby federal and access roads also make for easy motor transport.

Micro environment area: 6.05 km²
Micro environment population: 7,686
Micro environment population density: 1,270 Einwohner je km²
Micro environment purchase power index: 88.0
Property environment
Distance to city centre: 1.7 km
Distance to railway station: 1.9 km
Distance to motorway: 4.0 km
Distance to nursery: 1.3 km
Distance to local public transport: 0.2 km
Distance to school: 1.5 km
Contact
Contact Persons

Dipl.-Ing. Bert Wilde
bert.wilde@cg-gruppe.de

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