Mein sehr guter Freund, Mario forwarded me some pictures of his Austrian Steyr "Damenfahrrad" with which he rides around Munich.
"I like it because it is such an unusual machine these days, and of course, being Austrian, it makes a statement about me, as I am Austrian too. I estimate it is probably from the 1950s"
Steyr, or more precisely, the Steyr-Daimler-Puch conglomerate was the predecessor of a multitude of now divested "Steyr" companies including Mannlicher Steyr, the weapons manufacturer. Steyr started as a weapons maker, first producing guns in 1864 and then bikes 30 years later in 1894. In history, there are many weapons manufacturers (BSA, FN, Husquvarna, etc) who have crossed over into bicycle, motorcycle and even car manufacture. The common technologies are drawing tubes and boring barrels both engine piston barrels and cannon barrels!..and of course precision.
That precision is on display here with fine lugs and pinstriping, which make a statement about the bike's high quality. Quality that they built into every bike coming out of the Graz factory. That's right. Graz. The same Styrian town that produced Arnold Schwarzeneggar.
You can see here this bike is a bit unusual with only one downward brake rod. That's for the front brake and is typical among Germanic bikes of the 1950's and earlier.