Warehouse for sale in Strovolos, Nicosia

The property for sale concerns an industrial warehouse located on the western part of the property within Strovolos Industrial area, in Nicosia District. It is located at a distance of 570 meters (approx.) southeast of Strovolos roundabout and 540 meters (approx.) south of the Mall of Cyprus.The industrial area benefits from having direct access onto the main motorway network with great connectivity and easy access to all cities. Additionally, this area has easy access to the Nicosia city.The warehouse is located on the western part of the property (with red color) with a coresponding land area 3,316sqm. and it was constructed around the year 1980. It consists of an open space area and a toilet on the ground floor. Mezzanine floor which consist of storage area, office and toilet and basement.The area of the internal spaces is 1.640 sqm (approx.) the mezzanine floor is 1.180 sqm (approx.) and the basement 240 sqm (approx.). It is noted that the property is vacant and is considered as an appealing investment opportunity. The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).