Industrial culture rethought

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

At Bonygasse 2–8 in the 12th district of Vienna, an extraordinary residential and commercial ensemble with unmistakable character was created through careful revitalization. The historic existing building was completely renovated and partly 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 floor plans as well as 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 basis and makes this property a particularly attractive investment property in the emerging Meidling area. The sought-after residential location as well as the high-quality execution offer the best conditions for long-term rentability and stable returns.

The features

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

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

• Fine 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 plus for sustainable rentability.

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 completed

*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 shown sales tax is not planned for this project.

This structure offers advantages particularly for buyers who wish to rent their property under the small business regulation. Since no sales tax is shown separately, there is no obligation to deduct input tax nor to carry out corresponding sales tax settlements or ongoing notifications.

Thus, this model offers a clear, transparent and administratively lean solution for investors who aim for long-term renting without sales tax complexity.

For further information or personal advice, we are of course at your disposal.

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

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

The broker acts as a dual broker.

Infrastructure / distances

• Health

  • Doctor <500m

  • Pharmacy <500m

  • Clinic <500m

  • Hospital <1.500m

• Children & schools

  • School <500m

  • Kindergarten <500m

  • University <1.000m

  • Secondary school <500m

• Supply

  • Supermarket <500m

  • Bakery <500m

  • Shopping center <500m

• Other

  • Cash machine <500m

  • Bank <500m

  • Post office <500m

  • Police <500m

• Transport

  • Bus <500m

  • Subway <500m

  • Tram <500m

  • Station <500m

  • Motorway access <3.000m

Information distance as the crow flies / Source: OpenStreetMap