Prime Six-Storey Com­mer­cial Build­ing with Strong Rental Income in Egko­mi, Nicosia

#15782 Prime Six-Storey Commercial Building with Strong Rental Income in Egkomi, Nicosia

Presenting a versatile six-floor commercial building located in the thriving business district of Engomi, Nicosia. This property offers a mix of office spaces across multiple floors, currently generating solid rental income with excellent potential for growth.

Building Overview:
• Basement, Ground Floor & 1st Floor: Merged commercial units, fully rented
o Total area: 627sq.m.
• 2nd Floor: Two offices, both rented
o Total area: 209sq.m.
• 3rd Floor: One office, rented
o Total area: 209sq.m.
• 4th Floor: Two offices, 1 rented and 1 vacant
o Total area: 209sq.m.
• 5th Floor: Two offices, both rented
o Total area: 209sq.m.

Investment Highlights:
• Current Annual Return: 5.45% ROI based on existing leases
• Potential Annual Return: 6.03% ROI if fully leased

Zoning & Construction:
• Zoned under dual zones:
o Eβ3 (96%) – Building coefficient: 160%, coverage: 50%, permitted 6 floors (24m)
o Eβ4 (2%) – Building coefficient: 140%, coverage: 50%, permitted 4 floors (17m)

Additional Information:
• Energy Performance Certificate pending
• Ideal for investors seeking steady rental income and value appreciation in a strategic commercial location.

Основная информация
  • Регион Nicosia
  • District Suburb
  • Расположение Engomi
  • Цена продажи 1 450 000 €
Детали
  • Год постройки 1969
  • Area 1463 m2
  • Plot size 558 m2
Features
  • Парковочное место
  • Re sale
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