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.