Industrial Building in Dali, Nicosia
| Warehouse | DP-CY18055
Description
The property is a well-located industrial complex in the Dali Industrial Area, positioned on a 2,890 sq.m. plot with approximately 88m frontage along 28 Oktovriou Street, just 630m from the Nicosia–Limassol motorway.
It features 1,091 sq.m. of enclosed areas, including three warehouses, two office spaces, and a 78 sq.m. auxiliary building.
Internally, the complex is arranged into five separate industrial units/workshops, offering open-plan workspaces, staff facilities, administrative offices, exhibition space, and specialized storage, including a dedicated area for flammable materials.
Currently occupied by four tenants, the property generates a gross yield of 4.22%, with potential to increase to 6.65% upon leasing of a soon-to-be-vacant unit.
Its strategic location, flexible layout, and income potential make it a strong investment opportunity in a prime industrial area.