Larnaca Property Mixed-use Building In City Center

Description

The asset is a mixed-use two storey building in Larnaca city center. It is located 850m from Larnaca’s old harbour and 250m from Arch. Kyprianou avenue.

The building has a corner position, abutting Leontiou Machaira and Kerkyras streets with a total frontage of 70m. It comprises storage space on the ground floor and two apartments on the first floor. The storage space and the apartments have a covered area of 736sqm and 39sqm covered verandas.

Each apartment consists of a hall area, living room, kitchen, guest toilet, bathroom and three bedrooms. Out of the two apartments, one has a barbeque area on the covered veranda.

The apartments are occupied with long term leases, for a tenancy period of 25 years. Additionally, the ground floor is leased to a charitable organization.