Land & Development
Licensed Commercial & Administrative Development Land on 70th Street, Banks Sector, New Cairo
New Cairo, Egypt
Not publicly available
Reference: AC-LND-004
PROPERTY SUMMARY
About This Property
A licensed commercial and administrative development opportunity on 70th Street in the First Sector, Banks Sector, Fifth Settlement, New Cairo. The land extends over 3,658.91 sqm and comes with a ready development licence for a scheme comprising two basement levels, ground-floor commercial space and six upper floors. A development partnership option is available, under which the partner undertakes full project construction in return for a 30% share.
This commercial and administrative development site is located on 70th Street in the First Sector, Banks Sector, Fifth Settlement, New Cairo.
The land has a total area of 3,658.91 sqm and benefits from a ready development licence. The approved building configuration includes two basement levels extending across the full land area, a commercial ground floor of 939 sqm, a first commercial floor of 1,000 sqm, five repeated floors with a stated area of 1,540 sqm, roof rooms measuring 91 sqm and an additional 113 sqm administrative component at roof level.
The overall building configuration is ground floor plus six upper floors.
In addition to a sale opportunity, the property is also available through a development partnership structure. Under the proposed arrangement, the partner undertakes construction of the entire project in return for a 30% share.
Its position within the Banks Sector and directly on 70th Street places the site within one of the established commercial and administrative zones of New Cairo.
PROPERTY INFORMATION
Key Details
- General Location
- New Cairo, Egypt
- Availability
- For Sale
- Reference
- AC-LND-004
- Land Area
- 3,658.91 m²
- Property Type
- Commercial & Administrative Development Land
- Planning Information
- Licensed commercial and administrative development comprising two full-area basement levels, ground floor and six upper floors. The stated programme includes 939 sqm of ground-floor commercial space, 1,000 sqm on the first commercial floor, five repeated floors with a stated area of 1,540 sqm, 91 sqm of roof rooms and 113 sqm of administrative space at roof level.
CURRENT INFORMATION
Property Highlights
- Prime 70th Street location
- First Sector – Banks Sector
- 3,658.91 sqm land area
- Commercial and administrative use
- Development licence ready
- Ground floor plus 6 upper floors
- Two basement levels covering the full land area
- 939 sqm ground-floor commercial component
- 1,000 sqm first-floor commercial component
- Five repeated upper floors
- 91 sqm roof rooms
- 113 sqm administrative roof component
- Development partnership opportunity
- Construction partner receives a 30% share in return for completing the full project
GENERAL LOCATION
New Cairo, Egypt
The exact property address is not displayed publicly. More specific location information may be shared when appropriate during the enquiry process.
Property Information Notice
Property information is provided for marketing and enquiry purposes and remains subject to confirmation. AMY CRITON does not provide legal due diligence or confirm ownership; appropriate legal, technical and financial checks remain the responsibility of the relevant parties and their independent advisers.
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