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The asset is a mixed-use building in Agioi Omologites quarter in Nicosia Municipality. The building consists of two levels of basement, 5 offices and a shop on the ground floor, and offices on the remaining six floors.
Part of the building is tenanted: Ground floor corner retail unit and office no. 5 in addition to offices on 2 -4 floors.
Part of the building is vacant: Ground floor offices no. 2, 3 and offices on 5-6 floors.
Part of the building is not owned by Gordian Holdings: Ground floor offices no. 1 and 6, in addition to office on the 1st floor.
The asset holds a premium location with high visibility, in Nicosia Business Centre. It offers excellent proximity to all amenities, public services, bars and restaurants. It is a great investment opportunity for high rental income at the centre of the capital.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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