The asset is a 6-storey mixed-use incomplete building by Larnakos Avenue, in Nicosia. It is located a few meters northwest from the Larnakos Avenue and Markou Drakou and Digeni Akrita (traffic lights) and within walking distance from Famagusta gate. The construction of the incomplete building started in 2013, standard concrete construction and estimated works completed up to 65%. The building comprises of 3 shops with mezzanine on the groundfloor and 12 apartment units (3 on the first, second and third floor, 2 on the fourth floor and 1 on the fifth). Due to the plot's large road frontage (c. 20m), the asset enjoys good visibility. It is abutting Larnakos Avenue with a frontage of 20m. The immediate area is characterised mainly by commercial and residential developments and uses along the Avenue and by residential developments (apartments and houses) on parallel streets and side streets.