Office Building in Strovolos

  • SOLD
Nicosia, Strovolos

Overview

  • Building
  • Property Type
  • 1446
  • m2
  • 590
  • Plot Size m2
  • 11
  • Parking

Details

  • Property ID: GM-725
  • Price: SOLD
  • Property Size: 1446 m2
  • Plot Size: 590 m2
  • Parking: 11
  • Build Year: 1995 - renovated 2022
  • Property Type: Building
  • Status: For Sale

Description

A high yielding four storey office building in Strovolos, Nicosia offering a solid investment opportunity. Situated in the commercial heart of Nicosia close to an abundance of amenities and services.

The property has a total internal area of approximately 1032 m2 plus a basement area of 414 m2.

Currently rented for 5+5 years with a ROI of approximately 5.8% and every two year rental increase reaching up to 6.8%.

  • The ground floor level offers a reception area, open plan office space, two conference rooms, a partitioned office, kitchenette and WC facilities.
  • The mezzanine level consists of a staging room, server room, office space, kitchen and WC.
  • First and second floors each include office space, a conference room, a kitchen and WC.
  • On the third floor there is a reception area, open plan office space, small kitchen, WC facilities and a large uncovered terrace of 54 m2 with views of the city and a green area.
  • Underground parking area has 11 individual parking spaces that can be accessed via an internal staircase and elevator, and externally through a ramp.
  • Build year 1995 and renovated in 2022.

Energy Class

  • Energy Class: Pending
  • Global energy performance index:
  • A+
  • A
  • B+
  • B
  • C
  • D
  • E
  • F
  • G
  • | Energy class Pending
    Pending
  • City Nicosia
  • Area Strovolos

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