Commercial Building & Vacant Plot 3,400 m²
Dimos Lefkosias, Nicosia
€8,500,000 + VAT
It is a six storey building which was constructed 30 years ago (approx.). The vacant building plot is used as a parking space.
The properties are situated approximately 200 meters northeast of the junction of Makariou and Evagorou Avenues and approximately 200 meters northwest of the junction of Makariou and Stasandrou Avenues.
The building has an enclosed area of 3,400 sqm and consists of 14 shops on the ground floor and 12 offices on the 6 upper floors. Part of the shops and offices are currently rented.
The vacant plot has 23 m frontage on Zinas Kanther Str., while the building has 21 m frontage on Makariou Ave. The property lies within the ΠΕΖ planning zone (Commercial Development City Centre Zone), with Building coefficient of 250%. The property has the potential for further commercial and residential development.
The Energy Performance Certificate (EPC) gives the building a standard energy and carbon emmision efficiency grade from ‘A’ to ‘G’ where ‘A’ is the most efficient and ‘D’ being the avarage to date.