Details

Development opportunity consists of a vacant property on a well proportioned site extending to 10.638 sq.m. (105m wide x 110m depth), however the property is subject to a compulsory purchase order where the file is in the ‘Initial Stage’ for approximately 2.318 sq.m., resulting in a total net area of approximately 7.360 sq.m.

The property is located within close proximity to the Mall of Cyprus, the Nicosia general hospital and the main motorway. The industrial building is two-storey and situated on the northern boundary of the parcel; consists of a basement of 550 sq.m. with a reception area, 2 storage rooms, a dining room, toilets, a ground floor of 1,700 sq.m. with 2 office spaces, a small kitchen, storage spaces, a freezer room, an open-plan space and an electrical substation, the 1st floor of 295 sq.m. consists of 3 office spaces, a toilet, a room and covered verandas, which is considered obsolete.