Mixed-Use Building - Strovolos, Nicosia

Description

An excellent investment opportunity in the sought-after Agios Dimitrios Quarter of Strovolos, Nicosia. The property consists of a two-storey mixed-use building in a prime residential location, offering immediate rental income and strong future redevelopment potential.

📐 Property Specifications
• Land Area: 614 sq.m.
• Ground Floor: 150 sq.m.
• First Floor (Office – Rented): 200 sq.m.
• Covered Verandas: 8 sq.m.

🏢 Building Layout
• Front Shop (West Side): Four rooms and two toilets.
• Rear Shop / Office (East Side): Split-level open-plan workspace with kitchenette and toilets.
• First Floor Office: Entrance lobby, open-plan working area, conference room, separate offices, kitchen area, and toilets (currently rented).

📍 Location Highlights
• East side of Thermopylon Street
• Approx. 50 m south of Armenias Avenue
• Approx. 100 m northeast of Agios Demetrios Primary School
• Approx. 400 m west of Limassol Avenue

The area is well-established and centrally located, with easy access to main roads, schools, services, and commercial amenities, making it ideal for future residential apartment development.

📄 Additional Information
• Property held within a Special Purpose Vehicle (SPV)
• No Transfer Fees and no VAT when acquiring company shares
• Energy Performance Certificate pending

Reference: K46008AL