Apartment building with commercial premises on the ground floor.
Description
The property includes two retail spaces and three apartments, two of which are now used as offices.
The building was built in 1986, additional premises were added in 1994 and 2006.
It is possible to build additional floors.
Financial performance
Absolute annual income is 32,000 €.
The current yield of 1.5%.
Location and nearby infrastructure
The property is located at the entrance of Nicosia from the main avenue (Limassol avenue).