Block of flats for sale in Calpe Lodge Development, Governors Street, Gibraltar
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Property features
- Planning permission granted..
Property description
A stone's throw away from South Central Main Street (with an abundance of retail shops, cafeterias & restaurants) and within walking distance to other landmarks in Gibraltar such as the emblematic Garrison Library and The Elliot Hotel.
Calpe Lodge benefits from full planning permission for a Commercial & Residential Scheme offering the potential to increase the building to approximately 1.430sqm which would include the addition of two floors with a new roof top terrace with its own swimming pool and gymnasium. The Residential Part comprises 23 Apartments involving a mixture of Studio Apartments as well as 1- and 2-Bedroom Apartments. This can be found on e-planning website link provided - Town Planning ()
Calpe Lodge also benefits from full planning permission for a 61-room hotel combining a second freehold property named Albany House in an adjoining plot namely 7-9 Town Range, Link also provided - Town Planning ().
The Scheme includes the option to create a large basement area which has been designated to be used for storage units accessed via No: 29 Governor’s Parade with lift to lower floor where bicycles can be stored.
The entrance level at ground floor leads to a cafeteria / bar with kitchen and toilet facilities. The ground floor also offers a commercial unit at No: 33 Governor’s Parade.
In addition, the property has full planning permission for a potential 61-room hotel scheme when combined with a second freehold property named Albany House at an adjoining plot of land which has a 189sqm footprint and would interconnect with Calpe Lodge via its easterly boundary wall. Albany House also has its own separate Commercial & Residential Scheme which will be available soon.
A gem in the heart of the Old Town of Gibraltar that deserves to be saved and restored.
An exceptional opportunity! Don't miss out and book your viewing now.
Property info
For more information about this property, please contact
BFA Agents, GX11 on +44 330 098 6195 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by BFA Agents, and do not constitute property particulars. Please contact BFA Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.