Geförderte Wohnanlage in Berlin-Spandau mit 60 Einheiten
Weinmeisterhornweg 170-178c (gerade) in 13593 Berlin
60 Einheiten
Beschreibung
Centre Plaza was constructed in 1989 and comprises 19,424 sq ft of commercial and residential accommodation arranged over the ground and seven upper floors.
Centre Plaza is situated in the heart of the town’s Main Street, the territory’s main commercial and shopping district.
Centre Plaza’s prime position places the property at the core of the Gibraltar’s legal, professional and political hub. Main Street acts as the heart of the town, stretching from Casemates Square to Southport Gates, and benefits from the highest daily pedestrian traffic in Gibraltar capturing both tourist and local resident footfall.
To the west, the property overlooks Queensway, Gibraltar’s busiest north-south traffic arterial route, immediately opposite is the Queensway Quay area.
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Eigenschaften
Baujahr
1989
Gebäudefläche netto
1.805 m²
Anzahl der Etagen
8
Vermietungsstand
78 %
Commercial units
12
Residential units
6
Commercial WAULT
6.7 years
Residential WAULT
61.4 years
Eigentumsart
Freehold
Medien
Investment-Highlights
- Gibraltar is a strategically positioned British Overseas Territory, with a growing GDP of over £3 billion.
- Gibraltar is an established international finance centre, hosting many international banks and financial services firms.
- Centre Plaza will benefit hugely from the UK-EU Agreement, boosting confidence and demand in Gibraltar’s commercial markets and enabling new market entrants.
- Centre Plaza is situated in the heart of the town’s Main Street, the territory’s main commercial and shopping district.
- Centre Plaza is arranged over ground and seven upper floors providing 19,424 sq ft of commercial and residential accommodation.
- The property has been in the same ownership for over 40 years.
- 78% leased to 10 commercial tenants producing a topped-up rent of £412,070 per annum (£37.81 per sq ft) and 6.7 years to expiry.
- The office rent equates to an average of £27.81 per sq ft, 40% below current prime rents in Gibraltar, which now stand at £45 per sq ft.
- Accretive asset management opportunities to enhance the income profile and improve the rental tone.
- Opportunity to add significant value by extending the headlease on the six residential apartments, which only have 61 years unexpired.
- The property will be sold freehold.
Ihre Ansprechpartner
Centre Plaza, Gibraltar (0 Objekte)
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Zuletzt aktualisiert
May 27, 2026
