This asset comprises of eight adjacent industrial fields in Strovolos municipality in Nicosia district.
The eight fields have a flat even surface with a combined area of 54,421sqm. The asset benefits from road frontage of c. 740m along Galileas and Vithleem Streets. Several industrial buildings are present in some of the fields. The buildings are vacant. Part of the asset (4,350sqm) is currently leased with a two month notice period.
The immediate area comprises of industrial units and undeveloped parcels of land. The asset has very good accessibility towards the Nicosia city centre and the Nicosia – Limassol motorway.
The property is covered by all utility services (water, electricity and telecommunication).
The property falls within the industrial planning zone Bα3 with 100% building density, 50% coverage and a maximum of 2 floors.