Yield Producing Two storey Commercial Building in Dali, Nicosia
For Sale / EUR 425.000
77775070
or +357 95598488
Property ID:
VL49629
Office Code:
NEAL
Type:
Storage/Industrial
Total Floors:
2
41
2
219
Area:
Dali
District:
Nicosia
Year Built:
2007
Plot Size:
758 m2
Energy Rating:
C
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DESCRIPTION
We are proud to present a premium industrial property located in the Municipality of Idalion, within the district of Nicosia. Originally approved as a warehouse, the property has since been transformed into a state-of-the-art recording and post-production studio of exceptional standards.
Key Property Features:
? Plot Size: 758 sq.m.
? Building Density: 100%
? Coverage Ratio: 60%
? Floors Allowed: 2
Total Built Area: 445 sq.m.
? Ground Floor & Mezzanine (280 sq.m. 165 sq.m.):
Includes two offices, kitchen, two WC rooms, a WC for persons with disabilities, and a spacious storage area. A mezzanine level, accessible by internal stairs, houses additional offices and storage, along with an emergency exit staircase to the exterior.
The entire structure is built using durable and energy-efficient sandwich panels.
? Conversion & Facilities:
The warehouse has undergone a meticulous and high-end conversion into a professional-grade recording, dubbing, and post-production studio, catering to the needs of both local and international artists and media companies?particularly from the UK and across Europe.
This transformation, completed in 2007/2008 at a cost of several hundred thousand euros, meets the highest industry specifications, all within the existing permits.
? Ground Floor Studio :
Features a welcoming reception area, office, cafeteria, kitchen, restrooms, a spacious control room with a dedicated voice booth, and an expansive live room engineered for premium acoustics. Soundproofed with reinforced concrete and layered acoustic materials, the studio ensures exceptional audio performance.
Provision for a lift connects to the upper level.
? Mezzanine Studio :
Includes five professional dubbing booths, office spaces, restrooms, kitchen, and technical areas for server racks and storage?all designed for seamless production workflows.
The property is currently rented from 01/02/2024 until 31/01/2027 with a gross rental yield of 7.2%.
The asset is located in Dali Industrial Area, approximately 1km to the motorway. The immediate area consists of industrial warehouses, workshops, factories and storage facilities.
The property falls within Zone B?3, with a building coefficient of 100%, coverage of 60%, and permission for 2 floors (-m) of construction.
Energy Category: C
Key Property Features:
? Plot Size: 758 sq.m.
? Building Density: 100%
? Coverage Ratio: 60%
? Floors Allowed: 2
Total Built Area: 445 sq.m.
? Ground Floor & Mezzanine (280 sq.m. 165 sq.m.):
Includes two offices, kitchen, two WC rooms, a WC for persons with disabilities, and a spacious storage area. A mezzanine level, accessible by internal stairs, houses additional offices and storage, along with an emergency exit staircase to the exterior.
The entire structure is built using durable and energy-efficient sandwich panels.
? Conversion & Facilities:
The warehouse has undergone a meticulous and high-end conversion into a professional-grade recording, dubbing, and post-production studio, catering to the needs of both local and international artists and media companies?particularly from the UK and across Europe.
This transformation, completed in 2007/2008 at a cost of several hundred thousand euros, meets the highest industry specifications, all within the existing permits.
? Ground Floor Studio :
Features a welcoming reception area, office, cafeteria, kitchen, restrooms, a spacious control room with a dedicated voice booth, and an expansive live room engineered for premium acoustics. Soundproofed with reinforced concrete and layered acoustic materials, the studio ensures exceptional audio performance.
Provision for a lift connects to the upper level.
? Mezzanine Studio :
Includes five professional dubbing booths, office spaces, restrooms, kitchen, and technical areas for server racks and storage?all designed for seamless production workflows.
The property is currently rented from 01/02/2024 until 31/01/2027 with a gross rental yield of 7.2%.
The asset is located in Dali Industrial Area, approximately 1km to the motorway. The immediate area consists of industrial warehouses, workshops, factories and storage facilities.
The property falls within Zone B?3, with a building coefficient of 100%, coverage of 60%, and permission for 2 floors (-m) of construction.
Energy Category: C
MAIN PROPERTY FEATURES
This storage/industrial in Dali, Nicosia is being offered for sale at EUR 425.000.
To arrange an appointment to view this and any other property from our website, please call or email us directly.
