£3,846,506 GBP | $4,791,574 USD
Type: Apartment
Bedrooms: Studio
Floor area: 1530 m2
Agent/Owner:
Arena Properties
Olga Antzoulides
Location: Cyprus
Speaks: English
Advert last updated: 4/23/2024
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Modern Commercial Building Good Return on Investment
PLOT SIZE 525M2
TOTAL BUILDING AREA 1530M2
OFFICE EXTERNAL WALLS:
Wall from lobby/ foyer: Brick wall plastered and painted. Italian Marble at designated areas.
Dividing walls between in individual offices: W112 KNAUF METAL STUD PARTITIONS: Security wall, Certified Fire proofed for 1 hour, Sound insulated. According to Authorities regulations.
INTERNAL WALLS:
Kitchen, kitchen corridor, veranda: brick walls, plastered and painted
Lavatories: Brick walls with Ceramic tiles from floor to ceiling at wet areas.
FLOORING:
Lobby/ Foyer: Italian marble
Offices: Raised access floors, Antistatic HPL, dimensions 600X600X40mm. (Structural core 38mm high density chip wood upper covering laminate HPL/ under covering aluminium sheet/ border self extinguishing ABS. Maximum height 25cm. )
Lavatories: Ceramic floor tiles for heavy use
SANITARY WARE:
For the equipment of sanitary rooms porcelain sanitary ware are provided as standard along with sanitary fittings.
KITCHEN:
Carpentry Fully Fitted MDF cupboard
Kitchen: electromechanical provisions for Micro Wave, Dish washer, Fridge, water free standing appliance, double Plugs for other kitchen appliances.
Fire proof kitchen door for 1/2 hour.
CEILINGS
Lobby, offices, Foyer: Wood ceiling and gypsum plasterboard ceiling at exclusive design, height from finished floor (raised floor) to suspended ceiling is approx 2, 60m.
ELEVATORS
1 elegant high speed elevator
Load bearing capacity: 600kg/ 8 persons serving floors -1 to +4. Elevators are designed for use by disabled persons. Elevator Doors are certified for Fire protection for 120 mins.
HEATING & COOLING
Primary cooling and heating is done independent split unit Air-Conditioners
Water supply is provided by the municipal mains water supply system. Sewerage connection to the
mains sewerage system
CURRENT OCCUPANCY
The current occupancy of the building is 100%, with prestigious tenants, such as multinational and international companies with long term contracts.
SELLING PRICE €4, 500, 000. 00
ANNUAL INCOME €162, 000. 00
ANNUAL YIELD 3. 60%
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