PRIVATELY OWNED INDUSTRIAL PLOT – ERGATES, NICOSIA
3,995 m² private industrial plot available for long-term lease.
Located in the Ergates Industrial Area, suitable for a company looking to develop its own:
Headquarters
Warehouse / logistics facilities
Industrial building
Distribution centre
Manufacturing / commercial facilities
Planning parameters:
Land area: 3,995 m²
Building density: 90%
Coverage: 50%
Potential total development: approximately 3,596 m²
Private ownership / freehold
Development & Investment Opportunity
The plot can potentially accommodate approximately 3,600 m² of development.
An investor/developer could potentially create multiple warehouse units and rent them individually.
For example:
3,600 m² × €7/m²/month = €25,200/month gross potential rental revenue
or approximately €302,400/year gross, subject to the final design, permits, construction costs, market rents and occupancy.
The property is privately owned, offering an opportunity to own the land rather than lease a government industrial plot.
Road access from the main road is currently being arranged.
Serious enquiries only.
