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Office
Gzira

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€ 1,650,000
Ref. 500124                 
Additional Specifications
Airconditioning
Brand new commercial office space in prime location and built on 2 roads (ground floor on one road and first floor from the other road), built & finished to very high standards spread over 550sqm gross floor area, enjoying flexible layouts through open plan. Façade having a 20 metre frontage. Finishing inlcudes raised flooring, gypsum soffit ceilings & luminaires, fully VRV air-conditioned, kitchenette w/appliances, server room (incl. dedicated A/c), 2 male, 2 female and disabled toilets. Completion date - Q1 2020. Excellent buy-to-let investment leaving an expected rental return of 8% (based on current rental market).
Energy Performance Certificate - Owner yet to provide.


PROPERTY 

SPECIFICATIONS

Total Sqmts
550.00 sq mt
Airconditioning
Yes
Depth
40.00 mt
Width
20.00 mt
Road Frontage
20.00 mt
No of Levels (above street lev.)
1
No of Levels (basement level)
1
Internal Sqmts
550.00 sq mt
Floor Level
1
Location
Inland
Shops
Close by
Electricity Supply
Yes
Passenger Lifts (No of)
5
Permit/Licence
Yes
Private Bathroom/Toilets (No of)
4
Disabled Toilets (No of)
1
Kitchens/Kitchenettes (no of)
1
Store Rooms (No of)
1
Passing trade
Yes




Contact Agent
Steven Borg
steve@belair.com.mt
+356 79095828

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Locality information


Image title

Gżira is an urban locality between Sliema and Msida on the western side of Marsamxett Harbour. It has a seafront promenade with views over Manoel Island and Valletta. The only landward access to Manoel Island is the bridge from the Gżira strand. This small island lies in Marsamxett Harbour between Sliema Creek and Lazzaretto Creek. The Knights of St John realised the potential of the Island as an isolation enclave against the plague and other infectious diseases and built a quarantine hospital here in 1643. In 1722, Grand Master Manoel de Vilhena began to appreciate the value of the Island for the defence of Valletta and commissioned the fortress which bears his name, Fort Manoel. Completed in 1726 in baroque style, it is a remarkable military edifice. The fort was badly damaged in World War II, but has been restored as part of the development of the Manoel Island and nearby Tigne' as a residential and commercial area. The Island has boat repair yards and winter berthing facilities. Gżira shops include numerous yacht brokers and chandlers which serve the nearby Ta' Xbiex and Msida Marinas.