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Investment Grade Property in Vyronas
Building
Vyronas-Kareas
1.142m²
950.000€
LP3143
For sale is a high-profile, independent investment building, with a total area of 1,142 sq m, on a prime plot of 969 sq m on Karea Avenue (Ellinon Axiomatikon) in Byronas.
The property is one of the safest investment options on the market, as it is fully leased to the official representative office of a multinational automotive industry with a strong contract that expires in 2036.
Financial Data & Yield
Current Rent: €5,500+ / month.
Annual Adjustment: +1% fixed each year, ensuring the protection of the yield.
Gross Yield: 7.37%.
Building Structure
The property is built with specifications that cover the full range of activities of a modern dealership:
Basement: Fully equipped workshop and technical support area.
Ground floor: Impressive car showroom and trading area with a large facade.
1st-2nd Floor: Modern office and administration areas.
Penthouse: Independent apartment, ideal for private use or additional exploitation.
Strategic Point
The property is located in a highly commercial location on Karea Avenue, with easy access and high traffic flow, making it a landmark for the area.
This is an ""asset"" that offers immediate cash flow, one of the most reliable tenants in the world and a guaranteed lease term for the next decade.
Living/Net area
1.142m²
Built/Rennovation
2006
Bedrooms
-
Heating type
AC
Baths/WC
-
Frame type
Aluminum
Floor level/levels
-1/0/+0/1/2/3
Glass type
Safety
Location
Vyronas-Kareas
Ellinon Axiomatikon 33, Vironas 162 33, Greece
Wider Center
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