€550,000
Business
Covered: 822m²
Plot: 2341m²
Pafos, Konia

Business in Konia - Ref. No. CS14644


Property Features:

Lucrative Industrial Property Share in Konia: Secure Your Investment!

Presenting an exceptional opportunity to acquire a 33% share of an industrial field situated in the thriving area of Konia. This property boasts an advantageous location, abutting Evagora Pallikaride street with a substantial total frontage of 70m. Nestled within the esteemed Industrial Zone of Konia, this investment offers tremendous potential for lucrative returns.

The share corresponds to the southwest portion of the field, encompassing two prominent buildings - a spacious garage and a two-storey office space. The garage impressively spans an enclosed area of 435sqm, while the two-storey building offers 387sqm of enclosed space.

The office building is designed to accommodate efficient business operations, featuring office areas, a kitchen, and a reception area on the ground floor. The upper floor comprises a versatile storage space, providing ample room for storing equipment, inventory, or other necessities. The combined total area of both buildings amounts to an expansive 822sqm, presenting ample opportunities for various industrial applications.

Currently, the property is occupied by renters who have two years remaining on their contract. This existing rental agreement ensures immediate cash flow and enhances the investment's attractiveness. With an estimated return on investment (ROI) of 5-6%, you can expect a lucrative income stream from this well-tenanted property.

Seize the opportunity to secure your share in this industrial field and benefit from the established rental income. Konia's strategic location and thriving industrial zone make this investment highly desirable. Don't miss out on the potential for substantial returns and long-term growth.

Summarised Specifications:

  •  33% share of an industrial field in Konia, offering an investment opportunity.
  •  Abuts on Evagora Pallikaride street with a total frontage of 70m.
  •  Located in the esteemed Industrial Zone of Konia.
  •  Share corresponds to the southwest part of the field with two buildings: a garage and a two-storey office space.
  •  Garage with an enclosed area of 435sqm.
  •  Two-storey office building with an enclosed area of 387sqm, featuring offices, kitchen, reception, and storage space.
  •  Total area of both buildings amounts to 822sqm.
  •  Currently occupied by renters with 2 years left in their contract.
  •  Estimated ROI of 5-6% provides attractive income potential.
  •  Distribution agreement in place for ease of management and rental income distribution.

 

Commercial zone
Electricity available
Guest WC
Investment Opportunity
No VAT
Private Parking (covered)
Storage room
Telephone line available
Water available
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