Ref: 53114
Ref: 53114
Location
• Superbly situated within a dynamic commercial corridor of Kaimakli, offering a prestigious Nicosia district address for future development.
• The property benefits from its strategic placement near major arterial roads, including the prominent Makariou Avenue, ensuring excellent accessibility.
• Positioned just a short distance from key city roundabouts, the location provides seamless connectivity to the wider Nicosia area and highway network.
• This established area is surrounded by a vibrant mix of successful commercial projects and essential amenities, promising high visibility and footfall.
• Its location in a recognised growth zone ensures a strong potential for long-term capital appreciation and sustained investment value.
External Features
• This substantial offering consists of two continuous commercial plots, combining to create an expansive total land area of 1,469 square metres.
• An extensive road frontage of approximately 75 metres provides unparalleled exposure and multiple access points from two separate registered roads.
• The parcel features a completely flat and even surface, presenting an ideal canvas for efficient construction and minimizing foundational costs.
• Its regular shape and consolidated size are perfectly suited for accommodating large-scale, ambitious architectural designs without compromise.
• Full access to all necessary utility services, including electricity and water, is readily available, streamlining the entire development process.
Advantages - Special Features
• This parcel represents an exceptional investment opportunity for the development of a landmark multi-storey commercial or mixed-use building.
• The property falls within the highly desirable Εβ4 commercial planning zone, which encourages business and high-density construction projects.
• A generous building density of 140% allows for the creation of a significant volume of usable interior space relative to the plot size.
• The planning regulations permit a building coverage of 50% over four floors, reaching a maximum height of 17 meters for an imposing structure.
• The sheer scale of the land provides outstanding flexibility for master-planning, catering to concepts from corporate headquarters to retail centres.
• The availability of separate title deeds for each of the two adjoining plots offers strategic advantages for phased development or financing.
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