Two renovated condominiums in Oberwart - individually or as a package

Two renovated apartments - two possibilities

One apartment available immediately. One already rented. And the possibility of acquiring both together.

Two renovated condominiums with around 60 m² of living space each are for sale on Obere Hochstraße in Oberwart. Both are located on the ground floor of a residential building constructed around 1960 with a total of only five units and were comprehensively renovated in 2023. According to the energy performance certificate, the residential building has a thermally insulated façade with 8 cm of façade insulation.

While one apartment is available immediately, the other already generates ongoing rental income.

Top 1 is vacant and available immediately. Move in yourself, rent it out again or hold it as a long-term investment - the further use can be arranged individually,

Top 2 is rented out indefinitely and therefore already offers ongoing rental income from the takeover.

Anyone who acquires both apartments together secures around 120 m² of living space, distributed across two independent condominium units - with existing income on one side and additional rental potential on the other.

The purchase price for investors is € 120,000 net plus 20% VAT per apartment. For private buyers, this corresponds to a gross purchase price of € 144,000 per apartment.

The joint acquisition of both units is preferred; an individual purchase is also possible.

Click here and get an initial impression of the vacant Top 1 in the video.

Three rooms, around 60 m² and already renovated

Both apartments each have around 60 m² of living space and three rooms. The layout is divided into a living room, two bedrooms, kitchen, entrance areas and bathroom with WC - a size and layout that is attractive both for owner-occupiers and for letting.

Both apartments were comprehensively renovated in 2023. Kitchens, floors and doors were renewed, air-conditioning systems installed and the bathrooms retiled. The heating systems, including the gas boilers, were also renewed or renovated; the boilers were additionally professionally serviced recently.

The features include:

• Fitted kitchen
• Parquet flooring
• Gas-fired central heating for the individual apartment
• Air conditioning
• Washing machine
• Cellar rooms

According to the available documents, the units correspond to equipment category A pursuant to § 15a MRG. This means you are not acquiring apartments requiring extensive modernization work first, but already renovated units with a contemporary residential standard.

The apartments are located on the ground floor, but the entrance to the building is accessible via around six steps. There is no lift, which means the apartments are not accessible without barriers. No private car parking spaces are assigned to the apartments. Public parking options are located directly in front of the house along the street.

Top 1 - take over vacant and decide for yourself

Top 1 has been vacant since May 2026 and can be taken over immediately.

That is precisely this apartment’s strength: you decide what becomes of it. Move in yourself? Rent it out again? Acquire it as an investment apartment and hold it long term? Its vacant status leaves various possibilities open.

For investors in particular, this offers the opportunity to reposition the already renovated apartment on the rental market and arrange a new tenancy within the scope of the statutory possibilities. Those looking for a compact 3-room apartment for their own use can, on the other hand, take over the unit without an existing tenancy.

We would be happy to provide an individual rental and yield calculation for a possible new letting upon request.

Top 2 - buy and take over ongoing income

The apartment has been rented out indefinitely since 1 April 2024 and will be taken over with the existing tenancy. The main rent was agreed with indexation and is subject to the corresponding contractual adjustment provisions.

For investors, this means: the tenancy already exists and the apartment generates ongoing income.

Top 2 was also comprehensively renovated in 2023 and has a furnishing and residential standard comparable to Top 1.

Details of the current rent amount, the existing tenancy, the indexation and an individual yield calculation will be gladly provided upon concrete interest.

Two apartments - one particularly interesting package

The two apartments particularly demonstrate their different strengths when combined:

Top 2 already generates ongoing rental income. Top 1 offers additional rental potential and freedom of design.

With the package, you acquire a total of around 120 m² of living space in two independent condominiums within the same property.

This creates flexibility: both units can be held together as a small residential investment, but remain legally independent apartments and can therefore also be sold or otherwise utilized separately in the future.

The investor purchase price for both apartments totals € 240,000 net plus 20% VAT.

We would be happy to provide interested investors with a detailed income and yield analysis of the overall investment.

The key facts at a glance

• two independent condominiums
• around 60 m² of living space each
• around 120 m² in total
• 3 rooms each
• Top 1 vacant
• Top 2 rented out indefinitely
• Investor purchase price per apartment: € 120,000 net
• Investor purchase price for both apartments: € 240,000 net
• Private buyer price per apartment: € 144,000 gross
• joint acquisition preferred
• individual purchase possible
• comprehensively renovated in 2023
• equipment category A pursuant to § 15a MRG
• fitted kitchens
• parquet floors
• gas-fired individual-apartment heating systems
• air-conditioning systems
• washing machines
• cellar rooms
• ground floor
• no lift / not accessible without barriers
• public parking options directly in front of the house
• residential building with a total of five units
• year of construction approx. 1960
• existing energy performance certificate from 2020

One apartment or both right away?

Perhaps you are looking for a vacant apartment for your own use. Perhaps you would like to invest capital in an already rented unit. Or perhaps you see greater potential precisely in combining both apartments.

I would be happy to show you the units in person and provide you with all relevant property and tenancy documents if you remain interested.

Whether one apartment or both units together - I look forward to hearing from you.

📞 +43 664 300 56 26

Caroline Viktoria Gütler M.A.
Real Estate Consultant

Unobstructed views over the fields - Oberwart nevertheless close by

Those who live here get both: peace outside the front door and Oberwart’s infrastructure in the immediate vicinity.

Obere Hochstraße is located away from heavily trafficked roads. In front of the property, the view opens out over expansive fields - greenery and space define the immediate surroundings.

At the same time, Oberwart’s centre, with its shopping facilities, schools, medical care, restaurants and numerous service and employment opportunities, remains quickly accessible.

The location is also attractive regionally: Wiener Neustadt can be reached in around 50 minutes by car, and the Vienna city limits in approximately 1 hour 10 minutes. The drive to Graz takes around one hour, and to Fürstenfeld approximately 35 minutes.

The proximity to the spa region around Bad Waltersdorf adds numerous leisure and recreational opportunities.

A location that combines peaceful living in green surroundings with proximity to a district capital and good accessibility to Lower Austria and Styria.

The broker acts as a dual agent.