PG707 - Building - South District

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Over 20 people have viewed this property in the last week

Residential Ref: G2708

South District

Gibraltar

£4,500,000

4 bedrooms
2 bathrooms
700 m²

Rates:: £400 per quarter
Service Charges:: N/A

Unique property for sale, very well located between the town centre and south district. The plot size is c.700sqm and the currenty property can either be redeveloped into an impressive single residence or perhaps also developed into separate apartments. There is currently a lockup garage with room to park another car directly outside. Current lease term is approximately 106 years. Viewing is highly recommended in order to fully appreciate the potential and scope of this property.

Property Details by Hills Properties

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Residential Ref: SS02467

Europa Road

Gibraltar

£4,500,000

4 bedrooms
2 bathrooms

Rates:: £400.00 Per Quarter

Savills Gibraltar are pleased to present this rare opportunity to acquire a large plot situated between Gibraltar`s Town Center and South District. This property can potentially become a spectacular family home, large enough to include pools and gardens for the whole family to enjoy. Furthermore the plot can easily be developed, with the potential to be subdivided and transformed into separate properties. Additional to its generous size this property further benefits from off street private parking space and magnificent views. With its potential to modernize and enhance the existing building or to develop this plot present a unique opportunity for both home buyers or investors alike. 106 years remaining on the lease. Rates approx £400 per quarter. Ground rent £10 pa.