Modern commercial building for sale in the city center

Archived / EUR 3.000.000
357 70007700
or  

High return for Commercial property - 4.4%
Property ID:
VL10798
Office Code:
15ANSP
Type:
Whole Building
Floor No.:
4
42
1
328
Area:
Town Center
District:
Limassol
Year Built:
2012
Covered Internal Area:
810 m2
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DESCRIPTION

Unique opportunity to acquire a commercial property with 4.4% gross annual rental yield.

The property consists of a large shop of 210m2.  140m2 are on the ground and 70m2 mezzanine with 3 toilets, provision for kitchenette or showers. There is also a small storage room on the mezzanine level.   This shop can easily be split up to 3 shops because provisions have been made for such an eventuality. This hop is not rented at the moment but a conservative estimate is minimum 2500.

The other 2 floors consist of 300m2 of office space each. Total 600m2.

Each office has 2 toilets, kitchenette and are currently rented for 4000 and 4500 each.

The total combined annual income is 132,000, (11,000 per month)



MAIN PROPERTY FEATURES
For Investment  
Garage / Designated Parking  
Near the Sea  
Resale  
Security System  
Unfurnished  
COMMUNAL FEATURES
Controlled Access  
MAP
This whole building in Town Center, Limassol is being offered archived at EUR 3.000.000.

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