Prestigious Investment opportunity in a retail unit Off-Stasikratous Str. Nicosia

  • In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus
  • In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus
  • In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus
  • In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus
  • In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus
  • In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus

Property ID : A2846

Sold €325,000 - Shop
714 sqm 2 Bathrooms 4 Garages
 
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This prime yield producing retail asset is located in a highly desirable commercial property location with excellent accessibility, visibility, and high foot traffic.

The asset is currently used as a gym and benefits from a long-term rental agreement until 2036 with a current ROI of more than 4.3% and bi-annual increase of 10% which by the end of the rental period will return 6.33%.

The retail unit spans to approximately 143 sq.m. with approximately 69 sq.m. mezzanine, and is situated on the ground floor of a 6-storey modern building constructed in 2011 called “Theo Court”, which has a contemporary design and quality material finish.

The property is located prevezis Street, just off Stasikratous street, in Trypiotis, Nicosia, approximately 350m south from Eleftheria square and 300m east from Old GSP Stadium.

The property falls within Zone ΠΕΖ, with a building coefficient of 250%, coverage of 70%.

There is a separate title deed for this property with an exclusive right of use for 2 covered and 2 uncovered parking spaces A2846

Agent Marinos Kineyirou Estate Agencies Ltd

In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus
  • Office : (+357) 24 815 141
  • Mobile : (+357) 99 209 911
  • Fax : (+357) 24 658 121

Marinos Kineyirou Estates Agencies Ltd has more than 20 years of experience in the Real Estates Industry which assures promising opportunities for cooperation and an excellent relationship with our clients, companies and real estate agencies. If you are looking for an additional income then you are in the right place. Cooperation with us will open up a lot of possibilities for future investment on either buying or selling properties, which would be both a protected and profitable process.
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  • In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus
  • In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus
  • In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus
  • In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus
  • In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus
  • In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus

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