Zinshaus Mit Entwicklungspotenzial Im Herzen Von Oberwart

Asset. Yield. Perspective.

Oberwart | Wienerstraße

Right in the middle of Wienerstraße, a property unfolds that offers more than just an existing asset. A developed ensemble in a central location that combines ongoing income with structural development potential—solid in substance, open to the future.

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

Structure of the Asset

The original building from 1920, expanded in the 1960s, combines classic substance with functional extension. The usage is divided into commercial spaces on the ground floor and two residential units on the upper floor. This layout creates a reliable base of ongoing income alongside room for action.

Commercial - Flexible and Secure Yield

On the ground floor, two clearly separate retail units are available. The larger unit with 211.6 m² is currently vacant, offering space for new concepts—from retail and services to office structures with appropriate depth.

The second unit with 42.5 m² is rented to the Ringhofer bakery, ensuring steady income. An assigned storage room of 15.8 m² is part of this asset.

Between the units is a driveway leading to the courtyard. This connection is more than functional—it forms the basis for a possible opening and development of the rear part of the property. Through structural adaptation, a passage can be created here, enabling additional parking spaces and sustainably increasing the property’s value.

Residential - Spaciousness with Character

On the upper floor, the residential layout is clear and distinct. One unit of 81.5 m² is currently leased until 2029, providing ongoing income.

The second apartment with 176.6 m² is vacant and embodies the quality of classic room concepts. Generous sequences of rooms, French doors, and clear axes give this unit substance and expression. A spacious entrance hall leads to the kitchen with a storage room, complemented by a dining room and several living areas. A bedroom with direct access to the terrace extends the living space outdoors.

The uncovered terrace of 36.34 m² creates open space in an inner-city context. The bathroom is equipped with a bathtub, shower, and two sinks; a separate toilet adds functionality. Direct access to the approximately 200 m² attic, spanning the entire building footprint, offers attractive additional prospects within the existing structure. Notably, there is significant expansion potential, enabling diverse uses—from extra living space to individual design concepts.

Additional Spaces

In the courtyard is a storage room of 46.7 m², currently vacant and flexibly usable. Another storage room of 15.8 m² is assigned to the rented commercial unit. The ensemble is complemented by an earth cellar of about 35 m² and a garage of 17.4 m².

A Location with Impact

The location in the center of Oberwart is characterized by foot traffic, infrastructure, and established use. Local supply, gastronomy, and services are in the immediate vicinity, ensuring stable demand in both residential and commercial sectors.

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

Substance and Condition

The property has been continuously maintained and was last renovated in key areas in 2023. Renovations included the sanitary facilities, the heating system, the courtyard-side facade, as well as gutters and parts of the interior.

The building is heated by a gas central heating system. The roof is covered with tiles, the windows are plastic constructions with exterior wooden cladding and mostly refurbished.

The rooms have a ceiling height of about 3.60 meters and are supported by solid walls up to one meter thick—a construction style that conveys substance, calm, and durability.

Plot and Perspective

The plot covers 3,509 m² and is entirely zoned as commercial building land. The currently built-up area is about 607 m². This results in a significant difference between the existing structure and possible usage.

This ratio forms the basis for further development—whether through expansion, densification, or structural realignment. Combined with the location, it creates a scenario especially relevant for developers and strategic investors who want to not only manage but actively transform inner-city spaces.

Investment Approach

The strength of this property lies in the interplay of existing asset and option. Leased units secure ongoing cash flow, while vacant spaces can be immediately reimagined. At the same time, the plot size allows for medium-term development steps beyond the current state.

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

Upon concrete interest, I am happy to provide a detailed overview of current leases and income.

My Service

A property with a clear starting point and understandable perspective.

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

📞 [hidden information]

Caroline Viktoria

Real Estate Consultant

Location & Connectivity

Oberwart offers solid inner-city infrastructure and functional connections to the regional transport network. Accessibility is via the S31 and S7, efficiently linking central hubs.

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

Public transport is handled through the central bus hub in Oberwart, with regular connections to Vienna, Graz, and Wiener Neustadt. Additionally, there are regional train connections.

A location that works well for daily operations and ensures reliable accessibility.

Note according to the Energy Performance Certificate Presentation Act: An energy certificate has not yet been presented by the owner or seller, despite our clarification about the general obligation to present one and the request to prepare it. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is assumed. We assume no guarantee or liability for the actual energy efficiency of the offered property.

The broker acts as a dual agent.

Wienerstraße 10