The property for sale is a mix-use building that ideally located on Archbishop Makarios III Avenue in Mesa Geitonia Municipality. The property located 450 meters south of Spyrou Kyprianou Avenue approximate 700 meters northwest of Lanitio Lyceum.

The property located in a prime retail/commercial location while is also ideal for residential use.

The building is 40 years old (approx.) and consists of a basement with parking area, a large ground floor shop with mezzanine and four upper floors with eight apartments. On each of the apartment levels there is one two-bedroom apartment and one three-bedroom apartment. The building serve with a communal lift. Total net enclosed area is 1150sqm (approx.).

The apartments could also be used as office spaces due to the commercial character of the surrounding area. The property has acquired a Town Planning Permit that allowing the conversion to an office building.

An important advantage is that is available as a single property. As such, this is an ideal opportunity to acquire the property for investment purposes and also for private use.

Note that the entire building is vacant except of one apartment that is rented.

Characteristics

Enclosed area: 1,150 m2

Veranda : 10 m2 Uncovered

Land: 515 m2

Year built: 1982

Title deed: The property has a separate title deed

The property is partially rented

Services and facilities

Air condition

Lift

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