The Stadtmitte District is the economic center of Düsseldorf and offers the highest density of retail stores. The project is located at Bismarckstraße 87+89, which is a main route to the City Center and a designated bicycle street.
Urban planning framework:
Bismarckstraße is located within the EKISO development area Innenstadt Süd-Ost, for which an urban development concept was adopted on June 19, 2008, which aims at restructuring and modernization.
Scope and Key Figures
Units:
The property comprises 24 apartments and 2 retail units
Total Area:
2,047.08 m²
Commercial Area:
502.63 m² of commercial space (this corresponds to a commercial area of less than 25%)
Living space (average):
64.35 m² per apartment
Projected Rental Income:
631,000 Euro
Commercial Share:
14,400,000 Euro (multiplier 23)
Type of Renovation:
Energetic core renovation
Expected Completion:
March 2026
Scope:
Complete renewal of all trades
Approval:
All areas are BUILDING LAW APPROVED
Energy Standard:
KfW Efficiency House 55EE, partly KfW Efficiency House 40EE
ESG Rating:
ESG Due Diligence Note: VERY GOOD (Stranding date 2037)
Heating:
Use of an air-source heat pump (system: Wolf) as heat carrier
Ventilation:
Decentralized ventilation system (system: Wolf) in each apartment
Additional Technology:
Renovated elevator system
Safety:
Fire protection upgrade for the entire building
Apartment Features:
Each apartment is equipped with kitchens and a smart home system
Warranty:
5 years for all trades except electrical (3 years)