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RENTED LEASEHOLD INDUSTRIAL UNITS - INCOME PRODUCING ASSET WITH A RETURN OF ABOUT 7% - REGISTERED ON AN SPV.
This is a prefabricated concrete products industrial unit, erected within a leasehold government land and located in the 3rd industrial zone of Ypsonas Municipality Limassol. As a result, factories, industrial warehouses and buildings are located within the immediate area. The building comprises of a production area and a storage area. An administrative space comprising of an office with an en-suite toilet, a small kitchen, two toilets and a warehouse area.
The property comprises of 2 buildings, erected during years 2006-2007, with a total area of 2.200 sq.m. The buildings are designed with steel frame structure and brick walls externally. The government leasehold lasts for 33 years, starting from 1/9/2006 and expiring on 31/08/2039 and the leaseholder can extend the agreement for additional 33-years periods i.e. Yr.2105
The asset is located approximately 7.9km from Limassol General Hospital, approximately 15km from Limassol city centre and approximately 4.5km from A6 motorway.
The property falls within Zone Eβ3, with a building coefficient of 80%, coverage of 60%, and permission for 2 floors (0m) of construction.
GPS Coordinates: 34.7.947338
Certification in progress.
Zone | Cover factor | Build factor | Max floors | Max height | Affected percentage |
---|---|---|---|---|---|
Ββ3 | 60% | 80% | 2 | - | 100% |
Reg. no. | Sheet/Plan | Block | Parcel no. | Share |
---|---|---|---|---|
0/24965 | - | - | 326 | 100% |
Get more information and view the latest offers directly on our website.
Get more information and view the latest offers directly on our website.
Get more information and view the latest offers directly on our website.
Get more information and view the latest offers directly on our website.
Get more information and view the latest offers directly on our website.
Get more information and view the latest offers directly on our website.
Get more information and view the latest offers directly on our website.
Get more information and view the latest offers directly on our website.
Get more information and view the latest offers directly on our website.
Get more information and view the latest offers directly on our website.
Get more information and view the latest offers directly on our website.
Get more information and view the latest offers directly on our website.
This property is advertised by Altia. While we request all advertisers to provide correct details, we do not verify the information provided by the advertiser and we can not be held responsible for any inaccuracies. We recommend to seek independent legal advise prior to acquiring any property.