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For Sale Great Investment Six Storey Building in City Center in Nicosia, Nicosia City Center
The properties for sale are a commercial building and an empty building plot, located in a unique and central location in Trypiotis Quarter in Nicosia Municipality. The property operates as a unified property. In the surrounding area, there is a plethora of amenities and services such as banks, restaurants, cafes, shops and residential and commercial buildings. It is a six storey building which was constructed 30 years ago (approx.). The empty building plot is used as a parking space. The building has an enclosed area of 3,400sqm and is consisted of 14 shops in the ground floor and 12 offices on the 6 above floors. Part of the shops and offices are currently rented. The property has the potential for further development. More importantly, it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the Nicosia City Centre Local Plan.