This asset is a commercial building on a service road of Eleftherias Avenue in Aradippou, The asset benefits from a double road frontage, has great visibility from Eleftherias Avenue, and consists of: -Two shops on the ground floor with a total area, c. 620 sq.m, and a mezzanine of c. 310 sq.m. -Two office floors with a total area of c. 1070 sq.m. -Two large basement storage rooms with separate ramps with a total area of c. 1.000 sq.m. The asset also benefits from c. 340 sq.m unused building density.
Eleftherias Avenue is a commercial street with numerous shops and showrooms along its length and residential developments on the side streets. It experiences a high amount of traffic as it connects Larnaca city centre with the motorway.
The asset falls within commercial planning zone Eβ4 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17m.