We are excited to present this rarely available plot in a prime countryside location.
This huge 15.5-acre plot boasts an estimated Gross Development Value (GDV) of £7,900,000, offering an outstanding opportunity for developers looking to make a significant investment. With its expansive size and prime location, this plot is sure to appeal to savvy developers seeking a large development site with immense potential for future growth.
The plot comes with planning in principle for conversion into a holiday site, with potential rental income reaching approximately £500,000 per annum once developed, making it a lucrative investment.
The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Planning in principle for mixed-use residential and tourism development, including conversion of former residential school to a dwelling with leisure facilities, erection of garage with flat above, conversion of outbuildings to 7 holiday apartments, 8 new holiday lodges, new access road, gateway structures, parking, and drainage infrastructure. - REF:2022/0329/PPP
Location
Prime countryside location within the sought-after area of Croftamie, Glasgow.
Accommodation
The property comprises a huge 15.5-acre plot that offers an exceptional opportunity for development.
Terms
Guide Price - £1,150,000
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Specification
- We are excited to present this rarely available plot in a prime countryside location within the sought-after area of Croftamie, Glasgow.
- Planning in principle for mixed-use residential and tourism development, including conversion of former residential school to a dwelling with leisure facilities, erection of garage with flat above, conversion of outbuildings to 7 holiday apartments, 8 new holiday lodges, new access road, gateway structures, parking, and drainage infrastructure.
- This huge 15.5-acre plot boasts an estimated Gross Development Value (GDV) of £8,100,000, offering an outstanding opportunity for developers looking to make a significant investment.
- With its expansive size and prime location, this plot is sure to appeal to savvy developers seeking a large development site with immense potential for future growth.
- The plot comes with planning in principle for conversion into a holiday site, with potential rental income reaching approximately £500,000 per annum once developed, making it a lucrative investment.