The plot has an area of 1,097sqm, has a rectangular shape and smooth sloping surface, and benefits from c. 37m road frontage along Olympou Street.  The immediate area comprises of residential developments and undeveloped parcels of land. The plot is covered by all utility services (water, electricity, and telecommunication). The asset falls within the residential planning zone H6 with 20% building density, 20% coverage, 2 floors, and a maximum height of 8,3m.