Modern commercial building for sale in the city center
Archived / EUR 3.000.000
357 70007700
or
High return for Commercial property - 4.4%
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.