Commercial property in Strovolos, Cyprus No. 104428

Property description

Reference ID: #SA36296Price details: €7,500,000 +VATThis exceptional large-scale parcel which comprises of 5 mixed use abutting parcels (3 plots and 2 fields), in Apostolos Varnavas & Agios Makarios quarter, in Strovolos Municipality of Nicosia District.This unique large-scale parcel of land is strategically positioned at the main entrance of Nicosia, offering unparalleled visibility and accessibility. The property is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, the property has excellent access to the motorway and the center of the municipality.As a single unit, It has a regular shape and a relatively even surface. The has a corner position, it will be part of cul-de-sac with a pedestrian walkway and abuts 3 public registered roads with a total frontage of approximately 235 meters.The property presents an outstanding opportunity for both commercial and residential development. It has a base buildable area of 6,800 sqm, and the potential to expand up to 8,500 sqm through available incentives, the site offers remarkable flexibility for a variety of high-value projects.