Description
A large piece of land consisting of three adjacent plots with a total unified area of 1.586sqm.
It is located in the Ap. Varnavas and Ag. Makarios area of Strovolos, Nicosia, at a distance of circa 50m from the Pefkios Georgiades School, 320m from the junction of Iosif Hadjiosif and Perikleous Streets and 900m from Strovolos Town Hall.
The asset benefits from an excellent location, close vicinity to the Nicosia city centre and other appealing characteristics such as flat and even surface.
The asset holds a recently expired planning permit for a mixed used development consisting of a 3-storey building comprising: basement (33 parking spaces), 5 shops with mezzanine, 4 offices and 5 flats.
The immediate area comprises of residential units (blocks of flats, detached and semi-detached houses) as well as shops, offices and mixed used developments
The asset falls within the Commercial Planning Zone Εβ4, with building density coefficient of 140%, coverage coefficient 50%, in 4 floors.
