sale

€1,270,000

Commercial Units - Aradippou, Larnaca

Aradippou, Larnaca
1065 m2

Extras

Air condition

Points of interest

Exact location for this listing is not publicly available. Contact the real estate company for more details

Features and description

Property type:Offices
Date added:21st Nov 2024
Listing reference:SP-7599
COMMERCIAL PROPERTIES FOR SALE The property for sale is part of a commercial building (shop & office) in Agios Fanourios quarter of Aradippou municipality. The property abuts Eleftherias Avenue service road and it is situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, cafes, bakeries etc. In addition, it has excellent access to the city centre and the motorway. The building consists of a ground-floor shop with a mezzanine plus two extra offices on the mezzanine level. The 1st floor consists of whole floor office space and the 2nd floor consists of 4 flats and 1 office. The share for sale (539/852) corresponds to a large shop on the ground floor, a mezzanine, and one office on the first floor (whole floor). It is noted that the property has acquired a distribution agreement and corresponds to the sections (K1 & Γ2) as specified in red colour on the attached drawing. The ground floor area/shop is 490sqm (approx.) plus 240sqm the mezzanine. It is noted that the shop is rented for €3,350/month. The 1st floor of the building (office No 101) has a total area of 575 sqm (approx.) plus a covered veranda of 70sqm (approx.). It is noted that the office is rented for €3,000/month by a government organization. The property is rented for €6,350/month with a yield of 5.6%. It is considered as a good investment opportunity.
Arena Properties
23832882
olga@arenaproperties.com

The price shown above is the asking price (VAT not included). The property is simply advertised on Spitakimu.com, contact the real estate company for further details.