Versatile development area with history & potential in Unterwart

An extraordinary development area in Unterwart in the Oberwart district is for sale. The property combines historical buildings, generous space reserves and flexible usage options on around 5,492 m² of building land - ideal for real estate investors, project developers and entrepreneurs.

Flexible employment structure

The purchase can take place both as an asset deal and as a share deal. As part of a share deal, there is the possibility of taking over an existing loan of €240,000 with an attractive fixed interest rate of 1.375%.

Stock & Substance

The area includes several existing properties with development potential:

• Former mill from the 1920s

• Warehouse with approx. 600 m² of usable space

• Mill building with approx. 300 m²

• Mansion in need of renovation, formerly approx. 170 m²

• Garage with 2 parking spaces and approx. 100 m²

• Small hydroelectric power plant with technical and economic potential

• No monument protection

Diverse usage options

The property is suitable for different development and operator concepts:

Senior Living / Assisted Living

According to this development study, around 34-36 residential units can be realized. The central location and the existing infrastructure offer ideal conditions for a modern living and care concept.

Tourism & Hospitality

The historic building structure opens up attractive opportunities for boutique apartments, Airbnb concepts, gastronomy, cultural or leisure activities. The former mill building is particularly suitable for emotional and identity-creating reuse.

Business & Production

The existing halls and existing areas offer potential for regional production, manufactories, local supplies or mixed-use concepts with residential and commercial components.

Location with growth potential

Unterwart is one of the up-and-coming regions of southern Burgenland and benefits from increasing demand in the areas of housing, tourism and regional infrastructure. The location combines economic development opportunities with a high quality of life and attractive property prices.

Location advantages at a glance:

• Community office, medical center, school and church within walking distance

• Directly adjacent cycle path

• Proximity to thermal baths, nature and cycling tourism

• Good regional infrastructure and growing domestic tourism

• Attractive environment for residential and leisure projects

Historical character with a unique selling point

The traditional mill looks back on decades of history as a regional craft business and local supplier. In 1932 it was taken over by business graduate Julius Wölfel, one of the first Burgenland academics with international professional experience in America and Cuba.

Today, the historic buildings offer the rare opportunity to combine commercial use with authentic character - for example through cultural concepts, communal areas or tourist experiences.

Investment with perspective

This area offers a rare combination of development potential, historical identity and flexible usability. An ideal opportunity for investors and entrepreneurs who rely on sustainable value creation, regional development and future-oriented usage concepts.

For further information please call 0650/3553247.

Note in accordance with the Energy Certificate Presentation Act: An energy certificate has not yet been submitted by the owner or seller after we have explained the generally applicable obligation to present it and have not yet submitted a request for its creation. Therefore, at least an overall energy efficiency corresponding to the age and type of building is agreed. We assume no guarantee or liability for the actual energy efficiency of the property offered.

We would like to point out that there is a close family or economic relationship between the agent and the third party being referred.

The agent acts as a double broker.

Infrastructure/distances

Health Doctor <6,500 m Pharmacy <3,500 m Hospital <3,000 m Children & Schools School <1,500 m Kindergarten <3,500 m High school <3,500 m Local supply Supermarket <1,000 m Bakery <4,000 m Shopping center <2,000 m Other bank <3,500 m ATM <3,500 m Post <1,000 m Police <2,000 m Traffic Bus <500 m Train station <5,000 m Information distance as the crow flies / Source: OpenStreetMap