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Great Location Building

Lykavitos, Nicosia Down Town, Nicosia, Nicosia

€2,050,000

sale
mix-use
Great Location Building

870

Area

Description

Welcome to this fantastic building located in a prime location with immense potential for conversion into office space or medical laboratories. Situated in a bustling area with a high demand for commercial real estate, this property presents an excellent opportunity for investors and businesses looking for a strategic location. In addition to its potential as an office space or medical laboratory, this building also offers the opportunity for mixed-use development, with the potential for commercial and residential purposes. With its flexible layout, the building can be easily customised to suit a variety of commercial and residential uses, making it a versatile option for investors and businesses alike. Additionally there is a choice of purchasing the plot adjacent to the building for extra parking spaces or for an additional development. The 1st 3 floors of the building has just been rented to a medical laboratory company and they are being renovated accordingly for the new tenant, including the installation of a new electric elevator. The monthly rent is EUR 6.800 with a 10% increase in 2 years. Floors 4 & 5 are available for renovation and conversion according to the new owners needs. Either for residential or commercial purposes.

Details

Type
mix-use
Listing
sale
Year Built
1997
Source
mresidence

M.Residence

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