COMMERCIAL OFFICE BUILDING IN MESA GEITONIA, LIMASSOL

3 storey building, erected within a corner plot with frontage on an avenue in Mesa Geitonia, Limassol. This primely located building enjoys high visibility, excellent exposure and easy access to the major transport routes.

The building is suitable for:
(a) income-producing rental property. Since the Ground Floor + Mezzanine + part of the basement is rented to a major local bank. While the remaining 1st & 2nd floors remain vacant and available.
(b) business headquarters for the 1st and 2nd floor while enjoying the rental income from a blue chip tenant from the GF.

Key Features:
- 3 Storey Commercial-Office Building partly vacant and partly rented to a blue chip tenant.
-Ground Floor about(310 sq.m): currently operates as a bank branch, being open plan office spaces, kitchen, sanitary facilities. On the external there is approved parking area for 6 vehicles.
-Mezzanine about(148 sq.m): part of the bank branch, being a secondary use area for the GF.
-First Floor about(260 sq.m): separated into 3 offices, each one with a kitchen and sanitary facilities. All 3 offices are of similar size and about 80+ sq.m each.
-Second Floor about(255 sq.m): separated into 3 offices, each one of which with a kitchen and sanitary facilities. All 3 offices are of similar size and about 80+ sq.m each.
-Basement about(310 sq.m): 10 parking spaces, EAC meters room, about 73 sq.m being the utility basement of the branch.
-Total Parking Spaces: 16 ( basement: 10 & GF: 6)
-Additional Potential: Unutilized building density of about 90 sq.m for expansion or enhancements.
-Property enjoys a Certificate of Final Approval.

Total Enclosed Area is about:
Primary use: 940 sq.m
Secondary use: 48 sq.m
Basement: 310 sq.m

The asset is located approximately 1.2km from A1 motorway, approximately 2.5km from Limassol city centre, the beach and B1 motorway.

The property falls within Zone Εβ4, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.