Office Building in Strovolos

  • SOLD
Nicosia, Strovolos

Overview

  • Commercial Building
  • Property Type
  • 1446
  • m2
  • 590
  • Plot Size m2

Details

  • Property ID: GM-725
  • Price: SOLD
  • Property Size: 1446 m2
  • Plot Size: 590 m2
  • Parking: 11
  • Build Year: 1995 - renovated 2022
  • Property Type: Commercial 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
  • A+
  • A
  • B+
  • B
  • C
  • D
  • E
  • F
  • G
  • | Energy class Pending
    Pending
  • City Nicosia
  • Area Strovolos

Similar Listings

DISCAIMER: Any information or descriptions given on this website are for guidance only, and should be independently verified and confirmed by any interested party. No guarantee, warranty or representation of any kind is made regarding the accuracy of this information.

Compare listings

Compare
Gem Properties
  • Gem Properties