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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.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
Disclaimer - Property reference 8468656. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.
