COMM540

South District

Commercial Unit

£695,000

Price per sqm £7,164.95
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COMM540

South District

Commercial Unit

£695,000


ABOUT THIS PROPERTY

Unique and rare opportunity to purchase this industrial unit at New Harbours Deck with an internal area of 97m2 (approx.) and features extremely high ceilings (with potential to add a mezzanine level, which would create additional space), which is advantageous for various industrial activities. Situated on the ground floor, it offers convenient road access, making transportation of goods and materials efficient. This accessibility and spacious layout make it suitable for a wide range of industrial operations, from manufacturing to storage and distribution.

Includes one car parking space on a rental basis.

Currently rented until August 2025 and tenancy has to be respected.

Call us to arrange an inspection.

Areas m2
Interior Size:
97m2
Exterior Size:
N/A
Amenities
Furnishing:
Unfurnished
Terms and Lease
Ownership:
Leasehold
Service charges:
£547.05 Per Quarter
Rates:
£331.58 Per Quarter

About South District

The South District is a large area commonly known as the quieter and predominantly residential area in Gibraltar. It is split between upper and lower regions and enjoys its own unique micro-climate, particularly during easterly winds which affect the town centre and north western districts.

The area comprises of middle and high end residential developments such as The Anchorage, Cliftons, Rosia Plaza, Vineyards as well as some exclusive upper high end developments and private residential homes including Buena Vista Park, The Sanctuary and New Aloes.

The location generally affords great views and aspects southward towards the Bay, Strait of Gibraltar and Africa. The district enjoys the benefit of two junior and middle schools, Loreto Convent and St Josephs.

In addition, there are numerous historic, touristic and leisure sites in the area, including Parsons Lodge, Europa Point Park, 100 Ton Gun, Rosia Bay and Camp Bay as well as the famous The Botanical Gardens.

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Property Stats

Average BMI Property Sales Prices for South District

Average Price

Year

£1,447,400.00 2024
£930,000.00 2023
£886,777.78 2022
£699,096.88 2021
£974,285.71 2020
£549,785.71 2018
£955,000.00 2017
£680,000.00 2016
£543,750.00 2015
£1,920,000.00 2014
£573,270.00 2013
£1,250,000.00 2012
£1,740,000.00 2011
£405,000.00 2008
£695,000.00 2007
£777,500.00 2006
£330,000.00 2005
£310,400.00 2004
£303,333.33 2003
£285,000.00 2002

For full property stats visit our market update

Disclaimer:

These sale prices are for information purposes only and may not be relied upon as a valuation or any other purpose. BMI shall not be responsible for any losses or damages caused by or in connection with the reliance or use of the figures or market information set out on our website.

NB. Whereas we have endeavoured to maintain accuracy with all the information provided, we would point out that certain average prices listed, may be somewhat weighted given the various types of particular bedroom / property types in various developments. The information is therefore provided for guidance purposes only. For further detailed information, we would kindly ask that you contact our office.


Unit 7 Portland House, Glacis Road, Gibraltar

+350 20051010

info@bmigroup.gi