€4,218,000 $4,389,927
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- Listing ID: 830043 (16343)
Description
REMU offers for sale three adjacent industrial land parcels (8,726sqm total), which contain two buildings (built area 5,520sqm total), in Kaimakli, Nicosia.
The asset is adjacent to Andreas Papacostas Street, c. 200m west of Agios Ilarionas Avenue and c. 500m northwest of SOPAZ roundabout.
The first building comprises of a c. 1,550sqm ground floor and a c. 1,550sqm semi-basement level. The ground floor consists of industrial area, shop with mezzanine, office, kitchen and sanitary areas. The semi-basement consists of industrial area, refrigerator room, storage area, sanitary areas/locker rooms and EAC substation.
The second building comprises of a c. 1,360sqm ground floor and a c. 1,360sqm semi-basement level. The ground floor consists of three storage areas and office areas. The semi-basement consists of a storage area, two refrigerator rooms and a boiler room.
The semi-basement of the second building is currently occupied.
The immediate area of the asset is a fully developed area with numerous industrial buildings (factories and warehouses), showrooms, and offices.
The property benefits from easy access to all areas of Nicosia via John Kennedy and Kantaras Avenues.
Owning SPV: Garmozy Properties
The property is zoned as ΕΠ6 (special use) with 160% building density, 50% coverage and a maximum of 4 floors.
, 6/1045, 6/970
EPC: Pending Energy Certificate
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
REMU offers for sale three adjacent industrial land parcels (8,726sqm total), which contain two buildings (built area 5,520sqm total), in Kaimakli, Nicosia.
The asset is adjacent to Andreas Papacostas Street, c. 200m west of Agios Ilarionas Avenue and c. 500m northwest of SOPAZ roundabout.
The first building comprises of a c. 1,550sqm ground floor and a c. 1,550sqm semi-basement level. The ground floor consists of industrial area, shop with mezzanine, office, kitchen and sanitary areas. The semi-basement consists of industrial area, refrigerator room, storage area, sanitary areas/locker rooms and EAC substation.
The second building comprises of a c. 1,360sqm ground floor and a c. 1,360sqm semi-basement level. The ground floor consists of three storage areas and office areas. The semi-basement consists of a storage area, two refrigerator rooms and a boiler room.
The semi-basement of the second building is currently occupied.
The immediate area of the asset is a fully developed area with numerous industrial buildings (factories and warehouses), showrooms, and offices.
The property benefits from easy access to all areas of Nicosia via John Kennedy and Kantaras Avenues.
Owning SPV: Garmozy Properties
The property is zoned as ΕΠ6 (special use) with 160% building density, 50% coverage and a maximum of 4 floors.
, 6/1045, 6/970
EPC: Pending Energy Certificate
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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