High-Yield Industrial Investment with Upside Potential in Dali, Nicosia

Description

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.