5 bedroom house in Town Area, Gibraltar

Excellent development opportunity in the popular South District area of a large family home that could be converted into flats (subject to usual planning consents).

About the property

Excellent development opportunity in the popular South District area of a large family home that could be converted into flats (subject to usual planning consents). Built in1946 the property retains many original features and most importantly is one of the rarer properties in Gibraltar that benefits from being Freehold. There are 5/6 very spacious bedrooms, 2 bathrooms (1 en suite) and a store room/potential shower room. Top floor sixth bedroom with shower room and a separate laundry room. In addition there is a beautiful central courtyard patio making an ideal entertaining area combined with the large living room, dining room and sitting room/family room. On the second floor there is a large 3/4 bedroom self-contained flat (approx 138 sq m internal) with good views over the harbour. At the rear of the building are two self contained 2/3 bedroom flats (64 sq m approx. each) one with 2 small patios, and a rear roof terrace for the use of the three flats. The property is ideal for an investor/developer with an additional three separate flats (or for rental income if it were to be kept as a family home) or further accommodation. The whole property can be converted into flats with the possibility of adding a further one or two floors, subject to planning permission. The Main House provides an internal area of over 290 sq m plus 115 sq m roof terrace. Second floor self contained flat provides 138 sq m approx internal. Rear ground floor s/c flat provides 64 sq m approx plus 17 sq m of patios. Rear first floor s/c flat provides 64 sq m approx. Rear roof terrace. Viewing is essential. Plans available upon request.

NB. Map marker locations are for guide purposes only and may not be complete or accurate. For exact location, please contact us.

Related Places

Estimated price in:
AUD   2,470,000
BHD   702,000
BBD   3,770,000
BTC   1,890
CAD   2,510,000
CNY   12,900,000
EUR€   1,730,000
HKD   14,600,000
QAR   6,840,000
RUB   107,000,000
SAR   7,060,000
CHF   1,860,000
AED   6,910,000
USD$   1,880,000

Asking Price:
GBP£1,500,000

South Distirct
Gibraltar