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Ref: L791992
Building
Residential
6 bed
4 bath
246
m2 int.
0
m2 ext.
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6 Bedroom Building for Sale, Main Street, Gibraltar

Century 21 are pleased to offer this excellent investment opportunity. Located on the 1st floor of "269 Main Street" measuring 246 square meters. Part of a brand new development in a prime location. Currently the property is unfurnished and is divided into eight rooms by plasterboard walls. Structurally perfect with the new development built above.

The current resale price for apartments in this development is between £8,000 and £8,800 per square meter. (This property is currently being sold at £4,800 per square meter) Making this ideal for investors looking for strong yields and high returns. 999 year leasehold, this property as good as a freehold.

The building was last used as offices and was previously a nightclub. The building can be developed either as apartments, offices or storage rooms, subject to Planning Permission.

An ideal opportunity for someone seeking to complete the refurbishment then either rent them out or put them for resale.

For further information or to arrange a viewing, please contact our Sales team .

Location
Main Street, Town Area, Gibraltar
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Details
Sale:
£1,200,000
£4,878
per m2
Status:
Available
REGISTER INTEREST
ADD TO FAVORITES
Register your interest in this Building

I would be interested in viewing this Building

Your interest in this Building has been registered successfully. A representative from Century 21 will be in contact with you shortly.
6 Bedroom
4 Bathroom
246m2 int.
0m2 ext.
Photos
Eastside Info
EASTSIDE
The Eastside of Gibraltar feels like a retreat from the city type way of life. No doubt during the summer months, you will want to cool off at one of the fabulous beaches that Gibraltar offers. Starting with Eastern Beach, the biggest beach of Gibraltar, a fantastic location where you can sit back in awe as you view the magnificent north face of the Rock that overshadows anything in sight. The sheer height and weightiness of the cliff is nothing short of breath-taking. A short walk down, you will find Catalan Bay, a very popular and extremely picturesque beach and village. Catalan Bay has an incredible history dating as far back as the 1600s. The brightness, the colours, the smell of seafood, the smiles and festive appeal, honestly make you feel like you are in another world of its own! Continuing to walk in a southerly direction from Catalan Bay along Sir Herbert Miles Road, or taking the bus to Both Worlds housing complex, you will arrive at the magnificent Sandy Bay Beach. This amazingly picturesque man made beach is the southernmost of the three beaches which line the Eastern side of the Rock, hugged by the Mediterranean coast of Gibraltar. There are definite plans secured for luxurious residences, a huge underground winery and other amazing projects in the pipeline. Investing along the Eastside of Gibraltar has never been more secure.

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Flame Grill Tex Mex

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Moniques Bistro

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Horse Riding Gibraltar

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The Lighthouse at Europa Point

The Lighthouse at Europa Point

The Lighthouse at Europa Point

Ibrahim-al-Ibrahim Mosque

The Moorish Castle in Gibraltar

Gibraltar Monkey Yawning

The Upper Rock Nature Reserve

The Alameda Wildlife Conservation Park

View from the Upper Rock at sunset

Barbary Partridge along the Mediterranean Steps

Baby Gibraltar Monkey

The Alameda Wildlife Conservation Park

View of the Upper Rock Nature Reserve

Seagull at Catalan bay in Gibraltar

Catalan bay sea shells in Gibraltar

Ibrahim-al-Ibrahim Mosque

Artillery piece at the entrance of the World War 2 Tunnels

Ring Tailed Lemur Eating at Alameda Wildlife Conservation Park

Catalan Bay fishing boat in Gibraltar

Heading down to Dove Chamber Lower Saint Michael's Cave

The Lighthouse at Europa Point

Gibraltar macaque facial photo

Anti-aircraft gun at Napier of Magdala Battery

Catalan Bay

Within the Tower of Homage

The beautiful natural lake at the Lower Saint Michael's Cave

The Lighthouse at Europa Point

The Lighthouse at Europa Point