Rent Commercial Block Malta
Rent Commercial Block Malta. A well located, prominent corner property within easy access from North and central bound traffic. Located just 10 minutes drive from Sliema area and 10 minutes drive to Rabat or St Paul’s Bay. These premises are located just off a very busy hub of activity. Hence all amenities are within seconds away. Shops, cafeteria and public transport are also located nearby. Furthermore the area boasts of easy parking so it would be easy to access for any employees using their own vehicles. The building consists of mixed use premises which can be used as is or turned into an office hub with either separately rented offices or rented to one organisation. Commercial property is offered in finished state ready to move operate from.
The block consists of a total of around 640sqm and split as follows:
- Basement level: 150sqm. Parking use, storage or converted into offices since this is semi basement level.
- Ground level: 125sqm with glass frontage and interconnected with level 1 ideal for showroom.
- First Floor level: 150sqm with glass frontage and interconnected with ground floor level.
- Second Floor level: 150sqm residential 3 bedroom apartment with separate entrance and lift access.
- Third Floor Level: 65sqm residential 1 bedroom penthouse with spectacular terrace, jaccuzzi and views.
- Purchase full block: Priced @ €1,250,000
- Purchase showroom: Priced @ €725,000
- Rent showroom: Priced @ €50,000/annualy
Potential Rental Return
- Basement + Ground Floor + First Floor = 425sqm = €45-50K/annually
- Second Floor as offices = 150 sqm = €20K/annually
- Second Floor as apartment = €15-18K/annualy
- Third Floor as offices = 65sqm = €10K/annually
- Third Floor as apartment = €8K/annually
- Full Block = 640sqm = €70-80K/annually