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Commercial building in Strovolos, Nicosia

€ 1,650,000
  • 560 ㎡
Commercial building in an excellent location in Strovolos Municipality. The property is ideally situated close to a plethora of amenities and services. In addition, it has excellent access to the city center and the motorway. In general, it is an attractive and lively location as Strovolou avenue is considered one of the most active avenues in Nicosia. The building was constructed 20 years ago, is in a very good condition and consists of two basements with parking spaces, two ground floor shops with mezzanine level and offices on the upper floor. The area of the shops is 300 sqm (approx.), the mezzanine 155 sqm (approx.), the offices 250 sqm (approx.) and the basements 1,100 sqm (approx.). The property is rented for €7,030/month with a return of 5.1%. One office on the 1st floor is vacant. It needs to be noted that the property falls within the commercial zone Εβ3 which allows for a building factor of 160%, and for the construction of a six-storey building. Title Deed available.
Property
For sale
Covered area
560 ㎡
Built
1995
Swimming pool
No
Posted
02 Sep 2022
Contact
Reference Number
AKINIA-140002 | 6112
Location
Country
Cyprus
Exact map location
No
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