Bazaraki
Property 6404963
Nicosia · EUR 725,000 · 1
IN CLOSED TENDER PROCESS DEADLINE: Monday 4th of May, 2026 at 11:00 a.m. (morning time) A well-located industrial complex in the Dali Industrial Area, offering immediate rental income and strong upside potential. The property sits on a 2,890sq.m. plot with approx. 88m frontage along 28 Oktovriou Street, just 630m from the Nicosia–Limassol motorway. Property Highlights: •Land: 2,890sq.m. •Enclosed Areas: 1,091sq.m. •Administrative Areas: 64sq.m. •Auxiliary Building: 78sq.m. Internal Layout: The asset comprises three warehouses, two office spaces, and an auxiliary building, currently configured into five separate industrial units/workshops. Financial Performance: It is currently occupied by four tenants, generating a gross yield of 4.22%, with the potential to increase to approximately 6.65% upon leasing of a soon-to-be-vacant unit. Location: •Approx. 630m east of the Nicosia–Limassol motorway (A1) •Approx. 175m south of Tefkrou Anthia Street A solid investment opportunity combining stable income, flexible unit configuration, and clear reversionary yield potential in a prime industrial location. Pending issuance of Energy Performance Certificate.
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