Office Unit in Aglantzia, Nicosia

For Sale / EUR 675.000
357 70007700
or  

Property ID:
VL49193
Office Code:
NEAL
Type:
Office
Floor No.:
2
32
2
242
Area:
Aglantzia
District:
Nicosia
Year Built:
2002
Covered Internal Area:
389 m2
Plot Size:
1.212 m2
Bathrooms:
1
Energy Rating:
E
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DESCRIPTION
Located on the 2nd floor (Door No. 301) in Aglantzia, Nicosia, this entire floor office unit offers a high-quality professional environment.

The unit includes a reception area, multiple office spaces, a kitchen, toilets, covered and uncovered verandas, seven basement parking spaces, and six basement storage rooms.

Currently divided into 12 units:
? 10 units rented
? 2 units available for rent

Rental Income Details:
? Monthly Income: ?3,045
? Annual Return: 5.41% ROI (as per current leases)
? Potential Annual Return: 6.55% ROI (if all units are rented)

Leases:
01/04/2025 - 31/03/2027 ?240
01/04/2025 - 31/03/2027 ?400
01/04/2025 - 31/03/2027 ?385
01/04/2025 - 31/03/2026 ?235
01/05/2025 - 30/04/2027 ?600
01/04/2025 - 31/03/2027 ?235
01/04/2025 - 31/03/2027 ?235
01/04/2025 - 31/03/2027 ?235
01/04/2025 - 31/03/2027 ?225
01/04/2025 - 31/03/2027 ?255

Location:
? Abuts Kyrenias Avenue with 43m frontage (north boundary)
? 950m east of Limassol Avenue

Zoning Information:
? Zone: E?5
? Building Coefficient: 30%
? Coverage: 20%
? Maximum Height: 8.3 meters / 2 floors

Separate title deed in place.

Energy Category: C
MAIN PROPERTY FEATURES
Garage / Designated Parking  
This office in Aglantzia, Nicosia is being offered for sale at EUR 675.000.

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