Ref: 53273
Ref: 53273
Location
• Situated within the dynamic Apostolos Varnavas & Arch. Makarios Quarter in Strovolos, offering a prestigious and highly sought-after business address in the capital.
• The property enjoys a prime position directly opposite the iconic GSP Stadium, one of Nicosia's most significant and recognizable public landmarks.
• Benefiting from immediate proximity to the primary Nicosia-Limassol-Larnaca highway, located just 200 metres away for unparalleled national connectivity.
• This strategic location ensures exceptional visibility and exposure to high volumes of daily traffic, making it ideal for any commercial or retail enterprise.
• The surrounding area is a well-established hub of commercial activity and ongoing development, positioning any new project for guaranteed prominence and success.
External Features
• This substantial plot of land encompasses an extensive total area of approximately 6,550 square metres, providing ample space for ambitious, large-scale projects.
• It boasts an impressive road frontage extending to roughly 116 metres along its eastern boundary, maximizing exposure and enhancing architectural potential.
• Direct access is secured via an adjacent registered asphalt road, facilitating easy entry and exit for both commercial vehicles and future clientele.
• The plot's considerable dimensions and regular shape offer remarkable flexibility for designing bespoke developments, including extensive parking and landscaped communal areas.
• Its strategic placement opposite a major landmark offers a unique branding opportunity and ensures the site is easily identifiable to visitors and customers.
Advantages - Special Features
• This property represents an exceptional investment opportunity, perfectly suited for developers seeking to create a landmark commercial or mixed-use destination.
• It falls within the versatile Special Use Planning Zone EX1, which permits a wide array of developments including offices, showrooms, and leisure facilities.
• The generous building regulations allow for a 60% building density and 35% coverage, with a maximum height of 10 metres across two floors.
• There is also exciting potential for residential development or plot subdivision, offering diverse strategies for maximizing return on investment and future flexibility.
• Its prime location with high visibility and direct highway access points to strong potential for significant capital appreciation and high demand from tenants.
• The existence of a separate title deed for the property streamlines the entire acquisition process, providing clarity and security for the prospective buyer.
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