Swatar - Office
€14,000,000 For Sale


Property Details

Annual Guaranteed Rental: 5.5%.

Centrally located 10-storey OFFICE BLOCK located minutes away from numerous important institutions and landmarks, including Mater Dei Hospital, the University of Malta, the HSBC Call Centre and APS Bank.

Constructed using reinforced concrete frame with pre-cast/in situ concrete slabs, this purpose-built office block is constructed over ground, first, and second floors, with a penthouse third floor with large terrace. There is a lower ground floor (which is currently being used as an education facility) along with 6 floors of underground parking.

The premises are fully tenanted and are currently being leased out to a number of diverse, well-known companies and brands.

Mostly glass encased, this property enjoys long hours of natural light. The property is serviced with 4 passenger lifts to all floors.

The office block has a Gross Building Area (GBA) of 6,000sqm and Gross Leasable Area of 4,670sqm of highly finished office space over 4 floors and a semi-basement. The garage GBA is 7,200sqm with a GLA of 6,540sqm spread over 6 floors of underground parking totaling 240 indoor parking spaces.

Features: Underground parking | On-site security | Air-conditioning | Ventilation | Fire Alarm System including hose reels | Generator.

Freehold.