Building in Nicosia, Nicosia

Description

A six-floor commercial building for sale in Egkomi, Nicosia. This property offers a mix of office spaces across multiple floors, currently generating solid rental income with excellent potential for growth.The building has a total of 5 floors. The basement, Ground Floor & 1st Floor: Merged commercial units, fully rented and they have a total area : 627sq.m. The 2nd Floor consists of two offices which are both rented and have a total area : 209 sq.m. 3rd Floor has one office which is rented with a total area : 209 sq.m.  The 4th Floor and 5th floors are identical and consists of two offices of total area : 209 sq.m Offices on 4th floor 1 rented and 1 vacant and on 5th floor both offices are rented.Investment Highlights:• Current Annual Return: 5.45% ROI based on existing leases• Potential Annual Return: 6.03% ROI if fully leased Ideal for investors seeking steady rental income and value appreciation in a strategic commercial location. Energy Performance Certificate pending