€499,000
Investment Opportunity for 2 Storey Mixed use building in Kiti, Larnaca (9534)
Larnaca, Kiti
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Overview
Reference 9534
Toilets: 2
Kitchens: 4
Rooms: 5
Floors: 2
Year of Construction: 2008
Furnished: Unfurnished
Parking Spaces: 7
Status: Resale
Structure: Concrete
Facade: Concrete
Frames Type: Aluminium
Energy Efficiency Rating: B
Title Deed: Yes
Covered:886m²
Plot:526m²
Investment Opportunity for 2 Storey Mixed use building in Kiti, Larnaca (9534)

The building has been constructed in 2008, it includes two ground-floor commercial units: a café and a restaurant, both with steady, long-term leases.

On the first floor are two spacious, vacant two-bedroom apartments (door no. 101&102), ideal for rental income.
The rooftop hosts an antenna leased at €1,500 annually through Dec 2028.

- The shop (cafe) on the northeastern side of the ground floor consists of an open plan area used as sitting / service area, a kitchen, an external disabled toilet and a staircase that leads to the mezzanine. The mezzanine has two toilets and an office.

- The restaurant on the southeastern side of the ground floor consists of an open plan area that is used as siting / service area, a kitchen, a storage room, an disabled toilet that has been converted into storage room, a toilet and an internal staircase that leads to the mezzanine. The disabled toilet has been converted into an auxiliary / storage area. The mezzanine consists of two toilets. The restaurant has a food lift that leads to the storage room on the basement.

- The apartment with door no 101 consists of an open plan living/siting area, a kitchen, a guests' toilet, a family bathroom, two bedrooms and a covered balcony. The covered balcony has been converted into a bedroom.

- The apartment with door no 102, consists of an open plan living/siting area, a guest' toilet, a family bathroom, two bedrooms and a covered balcony.

- The basement consists of 7 parking spaces, a toilet and a storage area. Access to the basement is available through a lift, a staircase and an external ramp.


Enclosed Areas Breakdown:
Cafe: 90 sqm (Northeast)
Restaurant: 98 sqm (Southeast)
Flat 101: 99sqm (1st Floor)
Flat 102: 99sqm (1st Floor)
Basement Parking Area: 354 sqm
Basement Storage Area: 60 sqm
Facilities
  • Aircondition, Split system
Features
  • Corner
  • Easy access to main roads
  • Near amenities
  • Near bus route
Distances
Airport: 4 km
Amenities: 10 m
Currency
Agent
Stavroula Michail (+357) 99810880
Contact
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