Exclusive
Commercial
Commercial, Paola
€3,100,000
3
579m2
2,459 m2
Total Area
579m2
Plot Area
2,429 m2
Internal Area
Property Features
Basement
Terrace
Bathroom
Boxroom/Storage room
Double Glazing
Elevator
EPC
Garage Included
Roof - With Airspace
View - Harbour
View - Open
Wheelchair Accessible
Property Description
Appointed as 'Exclusive' Agents for this rare find in the form of a 'Brand New' Commercial Block set on 6 Floors.
Having a total area of approx. 2,459 Sqms in total, property is being sold newly leased out on a contract of 10 years with an annual return of investment of up to 5%.
The current permit is as a 'Public Service Garage', however this permit could be changed for other uses after the lease agreement ends.
Property is being sold as fully finished, complete with custom built imported goods lift and passenger lift as well as its own full Roof & Airspace.
Having a total area of approx. 2,459 Sqms in total, property is being sold newly leased out on a contract of 10 years with an annual return of investment of up to 5%.
The current permit is as a 'Public Service Garage', however this permit could be changed for other uses after the lease agreement ends.
Property is being sold as fully finished, complete with custom built imported goods lift and passenger lift as well as its own full Roof & Airspace.
Where you'll work
Paola
Paola, (or old name Casal Pawla), is a town in the south of Malta. It is named after its founder, the Grandmaster Antoine de Paule, but is commonly known as Rahal Gdid, which means new town in Maltese. There are two parish churches one is dedicated to Christ the King and the other to Our Lady of Lourdes. The feast of Christ the King is celebrated on the 4th Sunday of July, whereas that of Our Lady of Lourdes is celebrated on the 1st Sunday after the 15th of August. The parish also has a Franciscan church dedicated to Saint Anthony in part of the parish called Ghajn Dwieli. Paola also hosts Malta's only Mosque and Islamic Cultural Centre. The country's correctional facilities are also situated in this town. The town is a commercial centre in the south of Malta, about 5 km from the capital Valletta.
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