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Business Hub Centre in Malta's Central Trade District €560,000.00


An uprising opportunity to purchase a Business Centre in an area designated a Central Trade District in the island of Malta, Europe.

Price includes: 1150square metre 1st floor industrial Class 11 space (11 courses high ceiling).

EXISTING 2. 150square metre 2nd floor 3 bedroom apartment.

EXISTING 3. 150square metre 3rd floor Office space.

PROPOSED 4. 60square metre 4th floor Penthouse with 90square metres terrace

PROPOSED 5.  510m2 internal, 90m2 external    

Property is Freehold.  Structurally sound (Engineers report can be provided upon request)  AIRSPACE INCLUDED Plans in hand to build two further floors (as per note above) Utility metres (Electricity & Water) are installed and running.  Existing Approved plans in hand Permits in hand are Class 11 (Full industrial) for 1st floor and 2nd floor has a residential permit (can easily become commercial on request)

For Sale @ a competitive price of €560,000. Valuations in hand are over asking price. All local valuations to convert to offices are in hand (Passenger lift, gypsum, cassette air-conditioning, parquet floor, biuding costs). If you would like to buy to let, with all 4 floors running, let rate has been quoted to be €4,500 monthly (€54000 per annum) = 9.64%  Return of Investment (ROI)

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Beds : 3
Baths : 1
M2 : 2,020
Plot Size M2 : 152
San Gwakkin Street
Mriehel
Malta
Region: Central Region
Sale Type: For Sale
Ref #: P1010074
Category: Other