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The property consists of two adjacent contiguous commercial fields on Dimos Strovolou, Nicosia. The largest field abuts on Limassol Avenue, which has been established as one of the most commercial Avenues of Nicosia, with tremendous traffic flow during all hours of the day. The subject area is mainly characterized by shops, restaurants, schools, banks, gym, supermarkets and almost every type of service. The fields can be amalgamated to form a single entity, with added planning incentives which further add to the allowable building density. The properties have almost rectangular shapes with even surface on road level and abuts on its eastern side along Limassol Avenue with total frontage of 45 meters. The properties also abut on Charalambou Michael Street with total frontage of 75 meters and Anaxagoras Street with total frontage of 20 meters. At the moment, the empty plot is used as a parking space and on the property there is a building, however it is considered economically obsolete, after taking into consideration the large development potential. For more information please contact us. THE PRICE MAY BE SUBJECT TO VAT.
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