€16,000,000 $17,872,802
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Pay in USD and save up to $625,548Key features
- Listing ID: 830100 (16538)
- Plot: 54421 sqm
Description
This asset comprises of eight adjacent industrial fields in Strovolos municipality in Nicosia district.
The asset is located c. 600m north of G.S.P Stadium and 80m west of the Nicosia - Limassol motorway. The property is located southwest of the only Governmental Industrial Area of Nicosia but is not part of this area.
The eight fields have a flat even surface with a combined area of 54,421sqm. The asset benefits from road frontage of c. 740m along Galileas and Vithleem Streets. Several industrial buildings are present in some of the fields. The buildings are vacant. Part of the asset (4,350sqm) is currently leased with a two month notice period.
The immediate area comprises of industrial units and undeveloped parcels of land. The asset has very good accessibility towards the Nicosia city centre and the Nicosia - Limassol motorway.
The property is covered by all utility services (water, electricity and telecommunication).
The property falls within the industrial planning zone Bα3 with 100% building density, 50% coverage and a maximum of 2 floors.
Owner: Wingstreet Properties Ltd
, 11/93, 11/87, 11/88, 11/89, 11/90, 11/91, 11/92
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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