Industrial culture reimagined

Living in the award-winning revitalization project – attractive investment property in Meidling

In Bonygasse 2–8 in the 12th district of Vienna, an extraordinary residential and commercial ensemble with a distinctive character was created through careful revitalization. The historic existing building was completely refurbished and partially supplemented by new buildings.

The project combines industrial substance with contemporary living comfort and modern architecture. For the high-quality implementation, the complex was awarded the Vienna Urban Renewal Prize in 2012. 62 high-quality equipped apartments with well-thought-out layouts and additional commercial spaces were created. The first occupancy took place after complete renovation and modernization.

The combination of history, architectural quality and modern technology creates a sustainable value base and makes this property a particularly attractive investment property in the up-and-coming Meidling area. The sought-after residential location and the high-quality execution offer the best conditions for long-term lettability and stable returns.

The equipment

The apartments impress with high-quality materials, clear lines and a modern living feel – ideal conditions for sustainable rental. Generous window areas and partly above-average ceiling heights – typical for former factory buildings – provide plenty of daylight and an open ambiance that is particularly popular with tenants.

Equipment features at a glance:

• Underground car park with approx. 30 parking spaces
• First occupancy after renovation
• Heating via district heating
• Wood/aluminum windows with very good thermal insulation values
• High window areas for bright living rooms
• Parquet floors in the living and sleeping areas
• Porcelain stoneware in bathrooms and wet rooms
• Storage rooms for the apartments
• Bicycle room
• Children's playground

The location

The property is located in a dynamic Vienna district with established infrastructure and excellent connections. The surroundings are characterized by a mix of residential buildings, revitalized commercial properties and modern new buildings – an urban environment with further development potential.

The location offers a successful balance between urban life and a quiet residential atmosphere. Local suppliers, cafés, service providers and shopping facilities are in the immediate vicinity – a clear advantage for sustainable lettability.

Public transport connections

• Wien Meidling station within easy reach (S-Bahn, regional & long-distance trains)
• U6 (Niederhofstraße / Wien Meidling station) with fast north-south connection
• Several bus lines in the immediate vicinity
• Tram connections near the district
• Badner Bahn in the extended catchment area

Completion: already done

*The offered investment apartments can only be purchased at the gross purchase price for owner-occupiers.

A purchase at an investment purchase price net with separately stated value added tax is not envisaged for this project.

This structure offers particular advantages to buyers who wish to rent out their property under the small business regulation. Since no VAT is shown separately, there is no obligation to deduct input tax as well as to carry out corresponding VAT calculations or ongoing returns.

This model therefore offers a clear, transparent and administratively lean solution for investors who seek long-term rental without VAT complexity.

For further information or personal advice, we are of course happy to assist you.

The sale is made with a brokerage commission of 3% of the purchase price.

We point out that there is a family or economic close relationship between the intermediary and the third party to be brokered.

The intermediary acts as a dual agent.

Infrastructure / distances

• Health
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <500m
  • Hospital <1.500m
• Children & schools
  • School <500m
  • Kindergarten <500m
  • University <1.000m
  • Higher school <500m
• Local supply
  • Supermarket <500m
  • Bakery <500m
  • Shopping center <500m
• Others
  • Cash machine <500m
  • Bank <500m
  • Post office <500m
  • Police <500m
• Transport
  • Bus <500m
  • Underground <500m
  • Tram <500m
  • Train station <500m
  • Motorway junction <3.000m

Distance information as the crow flies / Source: OpenStreetMap