Zinshaus mit Entwicklungspotenzial im Herzen von Oberwart

Stock. Yield. Perspective.

Oberwart | Wienerstraße

In the middle of Wienerstraße, a property opens up that can do more than just reflect existing stock. A grown ensemble in a central location that combines ongoing income with structural development potential — clear in substance, open in the future.

For your first impression of this property, click here to watch the video.

Structure of the stock

The original building from the year 1920, expanded in the 1960s, combines classic substance with functional expansion. The use is divided into commercial spaces on the ground floor and two residential units on the upper floor. This division creates a solid base of ongoing yield and simultaneously room for development.

Commercial - flexible and yield-secure

On the ground floor there are two clearly separated commercial premises available. The larger unit with 211,6 m² is currently vacant and opens space for new concepts - from retail to services to office structures with corresponding depth of space.

The second unit with 42,5 m² is leased to Ringhofer Bäckerei and provides continuous income. An associated storage with 15,8 m² is part of this stock.

Between the units there is an driveway into the inner courtyard. This connection is more than functional - it forms the basis for a possible opening and development of the rear plot. Through a structural adaptation, a passage can be created here that enables additional parking spaces and sustainably increases the property's value.

Living - Generosity with Character

In the upper floor, the living structure is clearly differentiated. A unit with 81,5 m² is currently leased on a temporary basis until 2029 and provides ongoing income.

The second apartment with 176,6 m² is available and carries the quality of classical room concepts. Spacious room sequences, folding doors and clear axes give this unit substance and expression. A spacious entrance hall leads to the kitchen with storage room, complemented by a dining room and several living rooms. A bedroom with direct access to the terrace extends the use to the outside.

The non-covered terrace with 36,34 m² creates free space in the inner-city context. The bathroom is equipped with a bathtub, a shower and two hand basins; a separate WC adds functionality. The direct access to the roughly 200 m² attic, which extends over the entire building area, opens up attractive additional perspectives within the existing structure. Notably, the substantial expansion potential enables a variety of usage options—from additional living space to individual design concepts.

Supplementary Areas

In the inner courtyard there is a storage with 46,7 m², currently vacant and flexibly usable. Another storage with 15,8 m² is assigned to the leased commercial unit. The ensemble is complemented by an underground cellar with around 35 m² and a garage with 17,4 m².

A site with significance

The location in the center of Oberwart is characterized by foot traffic, infrastructure and developed usage. Daily necessities, gastronomy and services are in the immediate environment and secure a stable demand in both residential and commercial sectors.

With the planned short parking regulation, the usage perspective additionally changes. The possibility to rethink the street-side passage and to open up the courtyard for parking spaces creates a functional added value that directly affects profitability.

Substance and Condition

The property has been maintained continuously and was last renewed in significant areas in 2023. Renovated were among others the sanitary facilities, the heating system, the façade on the courtyard side, as well as gutters and parts of the interior areas.

Heated by a gas central heating. The roof is covered with clay tiles, the windows as plastic constructions with external wooden cladding and largely renovated.

The rooms have a ceiling height of about 3.60 meters and are carried by massive walls up to one meter thick - a construction that makes substance, calm and durability tangible.

Plot and Perspective

The property comprises 3.509 m² and is entirely designated as Bauland-Geschäftsgebiet. The currently built area amounts to around 607 m². This results in a clear difference between stock and possible use.

This relationship forms the basis for further developments - whether through expansion, densification or structural realignment. In combination with the location, it creates a scenario particularly relevant for developers and strategic investors who do not just manage inner-city spaces but actively transform them.

Investment Approach

The strength of this property lies in the interplay between stock and option. Leased units secure the ongoing cash flow, while available spaces can be re-envisioned immediately. At the same time, the size of the site offers mid-term development steps beyond the current state.

A setup for investors who rely on substance and see development as part of their strategy.

Upon concrete interest I would be happy to provide a detailed overview of the current leases and income.

My Service

An asset with a clear starting point and understandable perspective.

For further information or to arrange a viewing appointment, I look forward to your direct contact.

+43 664 300 56 26

Caroline Viktoria

Real estate advisor

Location & Accessibility

Oberwart has solid inner-city infrastructure and good connections to the regional transportation network. Accessibility is via the S31 and the S7, connecting central hubs efficiently.

Travel times are about 70 minutes to Vienna, about 50 minutes to Wiener Neustadt, about 60 minutes to Graz and about 60 minutes to Eisenstadt.

Public transport is managed via the central bus interchange in Oberwart, with regular connections to Vienna, Graz and Wiener Neustadt. In addition, there are train connections in the regional area.

A location that works in daily operation and ensures reliable accessibility.

The broker acts as a dual agent.