Gibraltar
Main Street
FOR SALE | Mixed-Use Freehold Investment Property
A rare opportunity for a discerning investor to acquire a substantial mixed-use freehold property in the heart of Gibraltar’s town centre, conveniently located along the bustling Main Street. This well-maintained five-storey building combines stable commercial income with recently refurbished residential accommodation, offering an attractive balance of yield and long-term capital appreciation. The building was completely redeveloped and refurbished to a good standard in 2024/25, significantly enhancing its quality and appeal. The majority of the apartments are currently occupied, while both ground-floor commercial premises are fully let to established tenants on medium to long-term leases, providing dependable rental income. The first-floor commercial space is currently used as an office suite and leased on a monthly rolling contract. This unit could potentially be converted into a one-bedroom apartment, subject to statutory approvals, further enhancing the RoI. With strong tenant demand, a prime central location, and limited availability of comparable freehold opportunities, this property represents a high-quality, income-producing investment in one of Gibraltar’s most sought-after locations.
Key Features;
- Substantial property with a total floor area of c.370 sqm
- Fully income producing, generating approximately £ 134,400 p.a.
- Attractive yield with potential to increase upon conversion of the first-floor office suite
- Recently redeveloped to a contemporary specification and good standard
- Five fully furnished apartments (one and two bedroom layouts)
- Two ground-floor commercial units fully let on medium- to long-term leases
- First-floor office suite with potential to convert into a one-bed apartment (STPP)
- Prime position on Main Street, within Gibraltar’s main retail and tourist district
- Strong long-term capital growth potential in a tightly held market
Opportunities of this calibre and location are increasingly scarce in Gibraltar, making this a compelling acquisition for investors seeking stable income, asset quality, and long-term value creation in the territory’s principal commercial thoroughfare.
Please contact us today for further details and to arrange a viewing.
Property Details
- Interior size:
- 340m2
- Exterior size:
- 30m2
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S1271 | Main Street | £2,450,000
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S1271 | Main Street | £2,450,000