High Yield Producing Asset – Ground Floor Shop in Aradippou, Larnaca – id S2159

  • €333,000
Dimos Aradippou, Cyprus
  • Shop
  • Property Type
  • 2013
  • Year Built
For Sale

High Yield Producing Asset – Ground Floor Shop in Aradippou, Larnaca – id S2159

Dimos Aradippou, Cyprus
  • €333,000

Description

Ground floor shop with a mezzanine located in Aradippou, Larnaca. andlt;br /andgt; The asset consists of an internal area of approximately 324 sq.m. and a mezzanine of approximately 154 sq.m. andlt;br /andgt; The property is being rented until 2026 to a blue chip tenant with a yield of more than 8.8%, and a yearly increase.andlt;br /andgt; The total road frontage of the property is approximately 50m and it represents the 41% share of the whole building and distribution Agreement in place. Pending issuance of a separate title deed as its in the final approval process.

  • City Larnaca
  • Area Dimos Aradippou

Details

Updated on September 20, 2023 at 1:50 am
  • Property ID: S2159
  • Price: €333,000
  • Year Built: 2013
  • Property Type: Shop
  • Property Status: For Sale

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