Office, 1300 sqm, Kalithea

This is a modern, fully refurbished investment property of high specifications, ideally located just 50 meters from Syngrou Avenue, adjacent to Onassis Cardiac Surgery Center and in close proximity to the Stavros Niarchos Foundation Cultural Center.

The property has a total surface of 1,300 sq.m. and consists of a four-story building, with each floor measuring 125 sq.m., efficiently laid out and featuring two restrooms and a kitchenette per level. The ground floor with mezzanine totals 300 sq.m., while the asset also includes two basement levels of 250 sq.m. each, designated for parking spaces.

Originally constructed in 2012, the building underwent a full refurbishment in 2021, upgraded to modern standards, including structured cabling infrastructure throughout. Effectively, the building has been in operational use since 2021. Additionally, it is fully equipped with air conditioning across all areas.

From an investment standpoint, the property offers strong fundamentals. It is fully leased to a multinational company under a 10-year lease agreement, currently in its first year, ensuring a secure income stream for the remaining 9 years. The asset delivers a 5% yield, with an annual rental adjustment indexed to CPI +3.5%, providing solid inflation protection and predictable cash flow.

Overall, this is a prime investment opportunity combining a strategic location, modern infrastructure, and long-term tenant security.