Yield Producing Two storey Commercial Building in Dali, Nicosia – id S2752

  • €560,000
Dimos Idaliou, Cyprus
  • Industrial Building
  • Property Type
For Sale

Yield Producing Two storey Commercial Building in Dali, Nicosia – id S2752

Dimos Idaliou, Cyprus
  • €560,000

Description

The asset relates to a two storey commercial warehouse currently rented and operated as a recording studio, is located in Panagia Evangelistria, Dimos Idaliou, Nicosia.andlt;br /andgt; The ground floor of about 290 sq.m. consists of a reception area, a recording/control studio area, an engine room, orchestra andamp; performance room, office area, server room, kitchen and toilets. andlt;br /andgt; The first floor of about 170 sq.m. is accessed via an external metal staircase and it consists of six offices, a conference room, a server room, a kitchen. toilets and a storage area. Additionally there is a provision for elevator.andlt;br /andgt; The property is currently rented until 31/01/2024 with a rental yield of 5.2% (€29.172 annually) and from 01/02/2024 until 31/01/2027 with a rental yield of 5.5% (€30.636 annually)andlt;br /andgt; The asset is located in Dali Industrial Area, approximately 1km to the motorway. The immediate area consists of industrial warehouses, workshops, factories and storage facilities. andlt;br /andgt; The property falls within Zone Bα3, with a building coefficient of 100%, coverage of 60%, and permission for 2 floors (-m) of construction.

  • City Nicosia
  • Area Dimos Idaliou

Details

Updated on February 7, 2024 at 12:51 pm
  • Property ID: S2752
  • Price: €560,000
  • Property Type: Industrial Building
  • Property Status: For Sale

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