Rental Property with Land - 5/8 Shares in Oberwart

Introduction

Historic rental property built in 1920 in central Oberwart, Burgenland. The 3-story building offers around 690 m² of usable space on an 847 m² plot. Offered are 5/8 ideal ownership shares (62.5 %). The ground floor features 2 indefinitely rented commercial units. The 1st floor has 2 rented apartments, the 2nd floor 2 owner-occupied units. Outdoor areas include a garden and covered parking space. The property is located on a busy main street and has renovation needs, offering design flexibility.

Highlights

• 690 m² usable space on 847 m² plot
• 5/8 ownership shares (62.5 %)
• 3-story rental property from 1920
• 2 rented commercial units on ground floor
• 4 apartments on upper floors
• Garden and covered car parking space
• Central location on main street
• Renovation potential

Location & Surroundings

The property is in the heart of Oberwart with excellent infrastructure. Numerous shops, restaurants and cultural facilities are right outside the door. Public transport is reachable within a few minutes on foot. The central location on a main shopping street ensures high foot traffic. Oberwart provides a varied urban life in Burgenland.

Additional Information

• Purchase price: € 375,000 for 5/8 shares
• Simple co-ownership (no partition)
• Central heating available