High Yield Investment Opportunity in an Industrial warehouse in Strovolos industrial area, Nicosia – id S30843

  • €1,750,000
Dimos Strovolou, Cyprus
  • Industrial Building
  • Property Type
For Sale

High Yield Investment Opportunity in an Industrial warehouse in Strovolos industrial area, Nicosia – id S30843

Dimos Strovolou, Cyprus
  • €1,750,000

Description

Two level industrial warehouse of approximately 3660 sq.m., currently rented to governmental authorities. andlt;br /andgt; The industrial unit consists of office spaces and storage areas. The office/administrative space has a total area of approximately 200 sq.m. and it consists of a ground floor which is divided into a reception area, office spaces, a kitchen, three toilets and a 1st floor comprising by two office rooms. Furthermore, the storage space is separated internally into 3 sections which are connected internally and are used as storage areas. andlt;br /andgt; andlt;br /andgt; According to the available building density, the asset can be further expanded to 4550 sq.m. in total subject to acquiring all the necessary permits.andlt;br /andgt; andlt;br /andgt; Current government lease ending on the 30th of April 2045 with the right to re-new for another 33 years.

  • City Nicosia
  • Area Dimos Strovolou

Details

Updated on February 7, 2024 at 3:10 am
  • Property ID: S30843
  • Price: €1,750,000
  • Property Type: Industrial Building
  • Property Status: For Sale

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