Nicosia Property Commercial Building On Strovolos Avenue

Description

The asset is a six-floor commercial building with a prominent position on Strovolos Avenue. It is located close to Athalassa and Stavrou Avenues providing excellent proximity to many amenities and public services in the wider area. It occupies a corner position, with some floors having panoramic views of the city, and the Pedieos linear park.

The building comprises 23 parking spaces in the basement, a shop/showroom on the ground and first floors, and individual office spaces on the floors above. The basement has an area of 482sqm, while the ground and first floors have a total area of 681sqm. Each other floor has an internal area of 253sqm. The offices are open plan and include a kitchen, two toilets, and a server room. The underground car parking serves all 6 floors. The building has been recently renovated to the highest standards.

The asset is currently rented to creditworthy, reputable tenants offering a high annual return.