High Yield Investment Opportunity in a Residential Field with a Petrol Station

For Sale / EUR 320.000
357 70007700
or  

Property ID:
VL30816
Office Code:
NEAL
Type:
Storage/Industrial
41
2
245
Area:
Strovolos
District:
Nicosia
Plot Size:
2.500 m2
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DESCRIPTION
A 25% share of a residential field extending to about 2,500 sq.m. in total.
The property is located on a high traffic road and next to the American Heart Institute in Nicosia.
The property has a flat surface and access is via three registered roads which are facing the north, west and south-east side of the property with a total road frontage of approximately 222m.
Within the field there is an operating petrol station with a rental yield of approximately 8.6%.
The property falls within Zone Κα7, with a building coefficient of 80%, coverage of 45%, and permission for 3 floors (13.5m) of construction.
MAIN PROPERTY FEATURES
This storage/industrial in Strovolos, Nicosia is being offered for sale at EUR 320.000.

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