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Mixed-use building in the heart of oroklini


Information :

  • price: 650000
  • region: Cyprus > Larnaca > Oroklini
More Information :

  • Energy Efficiency: N/A
  • Commercial property Type: Mixed use
  • Construction year: older
  • Included: Garden, Balcony, Storage room
Description :

This versatile mixed-use property presents an exciting renovation and value-add opportunity in a highly sought-after location! Situated on Oroklini’s bustling main road, just after Zorbas Bakery, this building offers high visibility, easy accessibility, and huge potential for investors, business owners, or for those looking to live in a home while generating rental income. Property Features: ✔ Two Ground Floor Commercial Shops (Approx. 40 sqm each) – Ideal for retail, offices, or showrooms ✔ Spacious 2-Bedroom Ground Floor Apartment (Approx. 90 sqm) – Can be upgraded for long-term rental or personal use ✔ Expansive 3-Bedroom First Floor Apartment (Approx. 190 sqm) – Large living areas with multiple balconies, perfect for renovation ✔ Generous 740 sqm Plot – Plenty of outdoor space for parking, landscaping, or future expansion ✔ Main Road Frontage – High-traffic area with excellent exposure for businesses ✔ Structurally Sound with Great Potential – Ideal for modernization to significantly increase value This property is in need of renovation, making it a perfect investment for those looking to customize and enhance its value. With the right upgrades, it can be modernised and transformed into a highly profitable rental property. •Expansion Opportunity: The solid structure allows for the construction of a second floor, with existing stairs already leading to the roof, making the addition seamless. •Commercial Potential: There is ample space on the land to construct a third shop, further enhancing its commercial value. ✅ Prime Location: High-traffic area near shops, restaurants, schools & key amenities ✅ Multiple Income Streams: Commercial & residential rental potential. ✅ Incredible Value-Add Opportunity: Customize & maximize ROI with strategic upgrades ✅ Rare Find: Large plot with mixed-use potential in a rapidly developing area This is a golden opportunity to secure a highly flexible property at a great price, upgrade it to your vision, and unlock its full potential. The price is VAT free.
Oaknest
Author

Oaknest

Furniture Retail

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