The property for sale is a unique and central location in the Tripiotis quarter in the municipality of Nicosia. There are many amenities and services in the surrounding area, such as banks, restaurants, cafes, shops and residential and commercial buildings. This is a six-storey building built 30 years ago (approx.). An empty building plot is used as a parking space. The building has a closed area of 3400 sq.m. and consists of 14 shops on the ground floor and 12 offices on 6 floors. Some of the shops and offices are currently leased. The plot with plot No. 1042 adjoins Zinas Kanter Street with a facade of 23m, and the plot with plot No. 1035 adjoins Makariu Avenue with a facade of 21m. The property is located in the PTC planning area, with a building density of 250%. 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 Local Nicosia City Center Plan.
