Industrial Field in Dali, Nicosia
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Auction
- Cyprus
- Land/Site
- Commercial
Invited Opening Bid €885.000
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Property Summary
- Industrial field zoned ‘Βγ2’ in Dali, Nicosia.
- Suitable for Heavy Industrial uses.
- Potential to build over 10.000 sq.m.
- Wide frontage of 207 meters.
- Extending to approximately 14.020 sq. m.
- Vacant possession.
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Property description
- Industrial parcel of land with regular shape.
- Features a relatively flat and even surface.
- Wide frontage onto a registered road of approx. 207 meters.
- Benefits from easy access to main routes.
- Potential to erect Industrial units of over 10.000 sq.m.
- Necessary services available in the area.
- The property is suitable for heavy duty Industrial developments.
- We are informed that the property extends to approx. 14.020 sq. m.
- According to the provisions of the "Local Plan of South Nicosia 2021", the following provisions may apply to parcels within Category A:
- Increase of the applicable building density by 5% in parcels with an area of more than 2,500 sq.m. An additional increase in the applicable building density will be granted when part of the development's energy needs are met by RES.
- increase of the permitted number of floors by one, provided that the third floor will be used only for ancillary uses and not as industrial space.
Location
- The property is located in Panagia Evaggelistria quarter, municipality of Dali, in Nicosia District, under Reg.No. 12/728.
- The property is situated in “Geri Industrial Area” and benefits from easy access towards Idaliou street at 450 m. west which is the main artery of the area connecting Dali with Latsia and Nicosia to the north.
- It also offers easy access to Limassol Avenue and Limassol-Nicosia (A1) motorway at 2.5 km west via Megalou Alexandrou street at 1.5 km to the north.
- The immediate area of the property is predominantly industrial with large to medium scale Industrial developments.
Tenancy
- Vacant Possession
Zoning
- The property falls within the “Βγ2” Category A Industrial Zone, which allows for 100% building coefficient, 60% building coverage, 2 floors and height depending on the development.
Accommodation
The property was not inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:
- Site area extending to approximately 14.020 sq. m.
- It is recommended that interested parties undertake their own inquiries to confirm property measurements.
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*Terms & Conditions
Islanders Estate Agencies Ltd (as a licenced Estate Agent), T/A BidX1 Cyprus Sales, Registration No. 1251, Licence No. 625/E. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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