# For Sale, Office, Nicosia, Strovolos, Agios Dimitrios, 740m²

![For Sale, Office, Nicosia, Strovolos, Agios Dimitrios, 740m²](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/9f440fa6-98be-4d8c-89b5-c9b2940051ef)

- **Reference:** 63799
- **Status:** For Sale
- **Price:** €1,200,000
- **Property Type:** Office
- **Location:** Nicosia, Agios Dimitrios

## Description

Executive 740sq.m. office space situated in a strategic location in Agios Dimitrios, Strovolos, Nicosia.  Property Highlights: •  Total Internal Area: 740sq.m. •  Covered Veranda: 1sq.m. •  Uncovered Veranda: 96sq.m. •  Floor: First floor ( top floor) of a commercial building •  Parking: Six dedicated parking spaces (No. 2,3,5,6,7,8)  Financial Performance: •   Rental Yield: 4%  •  Lease Terms: Current lease agreement until 26/03/2028, with an option to renew for an additional two years (Rental Yield: 6%) until 26/03/2030 at a fixed, pre-agreed rate.       For any subsequent renewals after 26/03/2030, the rent will increase by 7% annually.    Internal Layout: The workspace features a professional reception area, a conference room, multiple private offices, a fully equipped kitchenette, toilet, and both covered and uncovered verandas.   Location: •  Direct frontage onto Athalassas Avenue •  Approximately 30m northwest of the Acropolis Fire Station  •  Approximately 100m northwest of the EOA premises  There is a separate title deed for this property.  Pending issuance of Energy Performance Certificate.

## Details

- **City:** Strovolos
- **Furnished:** Unfurnished
- **Parking:** 6
- **Construction Year:** 1984

## Areas

- **Covered Area:** 740m²

## Photos

![Photo 1](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/6c5c5ef2-4466-4dc2-bf00-fe0ffd60797e)
![Photo 2](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/1b9e6a89-bb67-44d4-adb5-fbb9dd22e5a9)
![Photo 3](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/7e546597-1275-4b1d-92bc-83b988e5f036)
![Photo 4](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/452d1d5c-a05a-4c37-913f-75249931c945)
![Photo 5](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/fd5d5d3e-db8f-42d7-9697-c5be9a619797)