Commercial Building for sale/Aradhippou
This asset is a building in Aradippou located in a commercial street with numerous shops and showrooms along
its length and residential developments on the side streets. It experiences a high amount of traffic as it connects Larnaca city centre with the motorway.
The asset benefits from a double road frontage, has great visibility and consists of:
-Two shops on the ground floor with a total area, c. 620sqm, and a mezzanine of c. 310sqm.
-Two office floors with a total area of c. 1070sqm.
-Two large basement storage rooms with separate ramps with a total area of c. 1.000sqm.
The asset also benefits from c. 340sqm unused building density.
The asset falls within commercial planning zone Eβ4 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17m.
The whole building is currently leased.
Main information
- Region Larnaca
- District Suburb
- Location Aradhippou
- Sale price €2,400,000
Details
- Area 3000 m2
- Plot size 1480 m2