Residential land 231920 m²
The property is a residential field, part of a large mixed-use land in Strovolos. The residential field has an area of 12,820sqm and constitutes 5.8% of the whole asset. It is located at a prime location at the entrance of Nicosia, next to the Olympic House and Park Headquarters. It is situated just a few meters away from the Electricity Authority Headquarters and 150m from Hellenic Bank's Headquarters.
The asset has a frontage of 390m on three public roads/avenues. The asset provides great proximity to Nicosia centre and the highway connecting Nicosia to Larnaca/Limassol. Stavrou and Athalassas Avenues are just 5 mins away offering access to all amenities and services. The asset has recently acquired a division planning permit for 15 plots.
The wider area of the asset is commercial and residential neighbouring some of the most well-known institutional headquarters.
There is a distribution agreement in place between the co-owners. A permit for land division/ road construction has been issued for the property.
The property is owned by Sailoma Properties Ltd , an SPV, wholly owned by Gordian Holdings Ltd.
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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