Development opportunity in Industrial/Commercial land, Latsia, Nicosia
For Sale / EUR 2.900.000
77775070
or +357 95598488
Property ID:
VL23046
Office Code:
NEAL
Type:
Storage/Industrial
Total Floors:
2
41
2
245
Area:
Strovolos
District:
Nicosia
Plot Size:
6.762 m2
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DESCRIPTION
An excellent development opportunity in a well proportioned industrial plot, extending to about 6.762 sq.m.
The asset is situated on a high traffic Avenue, Lemesou Avenue Latsia, is surrounded mainly by large commercial and industrial units and offers a wide frontage of about 86m.
Additionally, it is situated within close proximity to the Mall of Cyprus, the Nicosia general hospital and the motorway.
The property was subjected to a compulsory purchase order for road network of approximately 2.457 sq.m., for public green area of approximately 1.419 sq.m., resulting in a total net area of approximately 6,762 sq.m.
The property falls within Zone ??3/??1, with a building coefficient of 100%, coverage of 50%, and permission for 2 floors of construction.
This zone, and subject to acquiring the necessary permits, allows the development, amongst others, of:
Warehouses
Distribution centers
Office spaces
Product exhibition areas including large products such as cars, electrical appliances or mechanical equipment
Stores for home, garden and DIY
The asset is situated on a high traffic Avenue, Lemesou Avenue Latsia, is surrounded mainly by large commercial and industrial units and offers a wide frontage of about 86m.
Additionally, it is situated within close proximity to the Mall of Cyprus, the Nicosia general hospital and the motorway.
The property was subjected to a compulsory purchase order for road network of approximately 2.457 sq.m., for public green area of approximately 1.419 sq.m., resulting in a total net area of approximately 6,762 sq.m.
The property falls within Zone ??3/??1, with a building coefficient of 100%, coverage of 50%, and permission for 2 floors of construction.
This zone, and subject to acquiring the necessary permits, allows the development, amongst others, of:
Warehouses
Distribution centers
Office spaces
Product exhibition areas including large products such as cars, electrical appliances or mechanical equipment
Stores for home, garden and DIY
MAIN PROPERTY FEATURES
This storage/industrial in Strovolos, Nicosia is being offered for sale at EUR 2.900.000.
To arrange an appointment to view this and any other property from our website, please call or email us directly.
