propertygibraltar.com

Residential   Ref: COMM286

Main Street

Gibraltar

£2,800,000

£5,600 per sqm


  • Bed Icon Studio
  • House Icon 465 m2
  • Fence Icon 70 m2

Superb freehold property located on the Main Street. Built over two floors and in very good condition. Features within the building include marble floor entrance hallway, large rooms with high ceilings, interconnecting rooms with over door transom windows and some rooms retain original wooden floorboards. A prime and superbly appointed piece of real estate offering an investment opportunity with current Outline Planning Permission to convert the current residential areas into 7 x 1 Bedrooms – 1 studio apt and a communal roof terrace, with the possibility of adding an extra floor and a half.

The upper floors would also provide perfect office suites along with penthouse accommodation, plus terraces overlooking the Main Street.

The property additional also includes two retail outlets on the ground floor offering a good rental yield – both with 9 year leases with 3 yearly rent reviews.

Property is sold with vacant possession on the residential only.

Accommodation:

1st floor: Residential – a 3 bedroom apartment - Total net area 121m2 plus Patio 8.2m2

2nd floor: (level 1) Residential duplex 3 bedroom apartment -Total net area 106.6m2 plus

3rd floor:( level 2 ) Residential Internal 39.3m2 plus Roof terrace 60.7m2 - Total net area: 113.8m2

Commercial net area - 93.9m2

Residential net area - 370.80m2

Floor plans available upon request.

Viewing is highly recommended.


Property Details by BMI Group

Residential   Ref: MS0001

Main Street

Gibraltar

£2,800,000

£6,022 per sqm


  • Bed Icon 1 bedroom
  • Bath Icon 1 bathroom
  • House Icon 465 m2

Investment opportunity. Large Freehold building set over three floors in a prime location the heart of Main Street with two retail units on the ground floor bringing in a steady income and two residential floors with a total area size of 465sqm over all three floors. There is outline planning permission in place to further develop the building adding an additional one and a half floors with a total area of 157sqm and communal terrace of 40sqm.

Accommodation Breakdown:

Ground floor:  Commercial 93.9m2 Residential 29.4m2

Total net area: 123.3m2

1st floor:  Residential – a 3 bedroom apartment -  Total net area 121m2 plus Patio 8.2m2

2nd floor:  (level 1) Residential duplex 3 bedroom apartment  -Total net area 106.6m2 

3rd floor:(  level 2 ) Residential Internal 39.3m2  plus  Roof terrace 60.7m2 - Total net area: 113.8m2

Please contact our offices on +350 20077789 for further details including floorplans and proposed plans.





Property Details by Solomon Levy Estate Agents

Select an agent to see property details:

£2,800,000

£5,600 per sqm

Register Your Interest

About Main Street

Main Street is the pulsating artery of Gibraltar. Stretching from Casemates Square to Southport Gate, With internationally known stores, local specialist shops and bars and restaurants, Main Street is unique and constantly changing.



  •   Stamp Duty White Icon
    Stamp Duty Calculator
    by Ellul & Co
  •   Lorry White Icon
    House Removals Calculator
    by Redwood International

MARKETED BY

  • BMI Group BMI Group
  • Solomon Levy Estate Agents Solomon Levy Estate Agents

Register Interest
Add to Favourites

Stats Icon Market Stats

Average price for sale in Main Street: £1,464,132

With 2 beds: £389,500

With 3 beds: £815,625

View other properties in Main Street


Similar properties that might interest you

Multiple agents

Main Street -
Town Area
  • Apartment Icon Studio

  • 494 INT M2

  • 115 EXT M2

£2,500,000
UNDER OFFER View Property

Multiple agents

Main Street -
Town Area
  • 2Beds

  • 1Bath

  • 80 INT M2

  • 7 EXT M2

£479,999
EXCLUSIVE View Property

Our Town

Main Street -
Town Area
  • 3Beds

  • 3Baths

  • 171 INT M2

  • 6 EXT M2

£1,265,000

Multiple agents

Main Street -
Town Area
  • 3Beds

  • 2Baths

  • 171 INT M2

  • 6 EXT M2

£1,265,000

Multiple agents

Main Street -
Town Area
  • 1Bed

  • 1Bath

  • 64 INT M2

£450,000
EXCLUSIVE View Property

Our Town

Main Street -
Town Area
  • 1Bed

  • 1Bath

  • 65 INT M2

£425,000
X
or

Forgot your password?

Do you need an account? Register now
X
o
Already have an account? Login
X
o