This commercial zoned plot of 794 sqm is strategically located in the Agios Antonios area of Nicosia. It is adjacent to Kallipoleos Avenue on its southwest boundary. It is 330m southeast of Digeni Akrita Avenue near to the Kallipoleos Avenue junction and 580m north of the Hilton Hotel. There is an old single storey house in poor condition situated on the plot at present. The property has planning and building permits for a commercial six-storey building (offices and shops) with three basement floors. The wider area is mainly developed with residential and commercial units including houses, apartment, shops, offices and schools. It is very close to the centre of Nicosia through Archbishop Makariou III Avenue and to the University of Cyprus. The property is zoned as Εβ4 (commercial) with 160% building density, 50% coverage, 6 floors and a maximum height of 24m.