Kifisia, Athens, Greece

POA

DISCLAIMER PRICE SUBJECT TO CHANGE DUE TO RATES


INVESTMENT OF INCOME PROPERTY 11.500 SQ.M. LAND 10.272 SQ.M. IN KIFISIA (ATHENS).
Modern office building yielding investment income.
Currently rented to Greek Ministry
ASKING PRICE € 9.5 MIL.
Monthly income: € 54,000
Contract ends on 31/12/2022
Valuation of new rent is €120,000 per month
FUTURE MONTHLY INCOME (FROM 2022) €75,000

General description of the property (plot and building):
New build. Built area of 11,500 sq.m. built on plot size of 10,272 sq.m. consisting of 2 adjacent plots of (a) 9,535 sq.m. and 737 sq.m.

Ground floor: 2.289.43 m2
1st floor: 2. 289.43m2
2nd floor: 2.289.43 m2
Basement A: 2.289A3 m2
Basement B: 2.289.43 m2


Entrances:
1. Second basement - one entrance
2. First basement - two entrances
3. Ground floor - five entrances

Lifts, access, parking, storage:
One central staff lift (1 person)
Two side lifts (5 persons each)
Ramps at entrances
Two 2.5 ton industrial cargo lifts
Emergency exits on all floors
The second basement for storage parking area

Perimeter building security
The building has a perimeter surveillance security system with surveillance cameras and corresponding closed circuit.

Internal
The floor plan of each floor is open, allowing for easy modifications and space partitioning as required.

Internal working areas are designed to be pleasant and functional, with large openings that provide direct light and direct connection with the external environment. The toilets and kitchens are located in two places on each floor so that they are easily accessible from all points with hot and cold water supply, and an independent ventilation system with full air conditioning on each floor.

External area
Planted with trees and low vegetation
High wall enclosure for security

Transport access:
Direct access to Athens - Lamia highway approx 500m, and the Attica Road approx 1500m.
Numerous bus routes to city centre.
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