Key Information

  • Ref: L791992
  • 6 Bedrooms
  • 4 Bathrooms
  • 1 Reception Rooms
  • Tenure: Leasehold
  • Internal m2: 246
  • HEPPS: No
  • Cat 2: No
  • 3 yr residency: No

Features:

  • Fireplace
  • Town View

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.

• 246sqm internal area

• First floor

• New development '269' built above

• 999 year leasehold

• High returns

 

• Reference L791992

For further information or to arrange a viewing, please contact our Sales team on: +350 200 51020 or via email: info@century21gibraltar.com. 



Under the Consumer Protection Act 1987 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers.

Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify your financial position before we can recommend any offer to the vendor.

Presented by
Century 21 Gibraltar Logo
Century 21 Gibraltar

19, Irish Town, Gibraltar, GX11 1AA

00 350 200 51020

info@century21gibraltar.com

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