The asset comprises of two industrial garages in Agios Athanasios, Limassol.

The asset is adjacent to Andrea Kariolou Street, c. 750m southeast of Agios Athanasios roundabout and the Nicosia – Limassol motorway.

The asset consists of two buildings:

The west building was constructed in c. 2007 and comprises of ground floor, mezzanine and basement levels. The basement has an area of c. 1,473sqm and comprises of open plan storage area. The south ground floor has an area of c. 1,370sqm comprises of open plan car service area, storage and toilets. The north ground floor has an area of c. 282sqm consists of a reception, car showroom, office and toilets. There are also two separate mezzanine levels. The first mezzanine has an area of c. 266sqm and consists of a waiting area, offices, storage rooms, a kitchenette and toilets. The other mezzanine has an area of c. 151sqm and consists of an office space and toilets.

The east building was constructed in c. 2021 and comprises of a ground floor and a mezzanine. The ground floor has an area of c. 365sqm consists of a reception area, sanitary area, office and car service area. The mezzanine has an area of c. 87sqm and consists of storage areas, reception, kitchenette and toilets.

The immediate area consists mostly of industrial properties while the wider area of the asset consists of both commercial and residential developments. It enjoys good accessibility towards Limassol city center and the Nicosia – Limassol motorway.

The property falls within the following two Planning Zones:

– Industrial zone Βα4 with a maximum building density coefficient of 90% and a land coverage coefficient of 60% over 2 floors.
– Industrial zone Βδ4 with a maximum building density coefficient of 80% and a land coverage coefficient of 60% over 2 floors.

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