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G4374 | Gibraltar

£995,000


BEDS: 4 | BATHS: 3 | INT: 165m2 | EXT: 16m2

Quick Summary

Property Type:
Building
Internal Area:
165m2
External Area:
16m2
Cat 2 Property:
No
HEPSS property:
No
3 years residency:
No

Property Description

Discover the perfect blend of tradition and potential with this substantial 182 sq m property. Nestled directly within the vibrant pulse of Main Street, this freehold residence spans three expansive floors, offering a unique "blank canvas" appeal that is increasingly hard to find in such a central location.

Currently functioning as a spacious family home, the property boasts 165 sq m of internal living area, thoughtfully augmented by 16 sq m of external space which includes an enclosed terrace.

While move-in ready as a residence, the true value lies in its versatile layout. With approximately 182 sq m of total footprint and its prime freehold status, the property is ripe for redevelopment. Whether you envision a boutique luxury townhouse or a multi-unit investment project, this site offers incredible scope (subject to planning permissions).

Properties of this scale and tenure on Main Street are a rarity. This is an exceptional acquisition for an investor looking for high-yield potential or a homeowner wanting to design a bespoke masterpiece in a prestigious post code.

About Town Area

Gibraltar’s Town area can be divided into 2 distinct areas being the City Centre and Upper Town. The central part of town encompasses Main Street, with its vast array of shops and restaurants, along with the immediate surrounding area leading passed the Courts and 6 Convent Place up to Trafalgar Cemetery. Properties in the Town Area are generally older colonial style properties and are favoured amongst those looking for a central location with ease of access to the town and shopping area.

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Town Area
G4374 | £995,000

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Town Area
G4374 | £995,000