#14973
For Sale, High-Yield Industrial Investment with Upside Potential in Dali, Nicosia
725,000€
#14973
For Sale, High-Yield Industrial Investment with Upside Potential in Dali, Nicosia
725,000€
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Resale 1992
Property Description
Description A well-located industrial complex in the Dali Industrial Area, offering immediate rental income and strong upside potential. The property sits on a 2,890sq.m. plot with approx. 88m frontage along 28 Oktovriou Street, just 630m from the Nicosia–Limassol motorway.Property Highlights:
• Land: 2,890sq.m.
• Enclosed Areas: 1,091sq.m.
• Administrative Areas: 64sq.m.
• Auxiliary Building: 78sq.m.
Internal Layout:
The asset comprises three warehouses, two office spaces, and an auxiliary building, currently configured into five separate industrial units/workshops.
Financial Performance:
It is currently occupied by four tenants, generating a gross yield of 4.22%, with the potential to increase to approximately 6.65% upon leasing of a soon-to-be-vacant unit.
Location:
•Approx. 630m east of the Nicosia–Limassol motorway (A1)
•Approx. 175m south of Tefkrou Anthia Street
A solid investment opportunity combining stable income, flexible unit configuration, and clear reversionary yield potential in a prime industrial location.
Pending issuance of Energy Performance Certificate.
Property Info
14973
725,000€
Nicosia
Details
Construction Stage:
Resale
Furnished:
Unfurnished
No. of Floors in building:
1
Construction Year:
1992
Areas
Covered Area:
1,091m²
Main Features
Resale:
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Amount Financed:
Mortgage Payments:
Annual cost of Loan:
Transfer fees are payable by the purchaser for registering the acquired property on his/her name. Property transfer fees are calculated on the basis of the property’s market value on the date of purchase. This requires that the sale of the contract has been deposited at the Department of Lands and Surveys. If the contract of sale has not been deposited at the Department of Lands and Surveys your property’s transfer fees will be calculated on the assessed value of the property on the date the transfer takes place.