Land

Our Summary

• We are delighted to present an exceptional opportunity to acquire potential development land situated north of Alexander Road in the charming coastal town of Dunoon, Scotland
• This auction represents a rare chance to invest in a location poised for significant growth and development
• Situated in the heart of Dunoon, these plots benefit from: Strategic Location: Proximity to Dunoon’s town center and waterfront, offering potential for both residential and commercial development
• Development Potential: Aligned with Dunoon’s strategic growth plans and the adjacent upcoming residential developments
• Development Potential The land presents significant development opportunities, supported by local initiatives and strategic plans: Residential Development: The plots are ideally situated to capitalize on Dunoon’s growing housing market
• This aligns with broader initiatives aimed at population retention and growth Commercial Opportunities: With Dunoon’s focus on becoming a premier destination for sustainable tourism, there’s potential for commercial developments that cater to this growing sector
• Sustainable Projects: The area is primed for eco-friendly developments, aligning with projects like The Dunoon Project, which emphasizes sustainability and outdoor activities
• Planning and Zoning Prospective buyers should note the following key points regarding local planning regulations and zoning laws: Local Development Plan: The Argyll and Bute Local Development Plan provides a comprehensive framework for development, covering aspects such as natural environment, landscape design, and housing development
• Planning Applications: Any significant development will likely require planning permission
• Market Analysis The Dunoon property market presents a compelling investment opportunity: Stable Market: As of October 2024, the average house price in Argyll and Bute, including Dunoon, was £191,000, showing stability with a 0
• Investment Potential: The combination of stable house prices and rising rental rates presents an attractive proposition for investors and developers
• Dunoon Burgh Hall – A symbol of the town’s rich cultural heritage Community and Lifestyle Dunoon offers a unique blend of natural beauty, community spirit, and development potential: Cultural Hub: The town is actively growing its arts, heritage, and creative industries, offering potential for culturally-aligned developments
• *Buyers Premium - Per LOT* A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction
• This fee is typically a percentage of the final bid and is paid directly to the auction house
• The exact percentage can vary depending on the auction house
• It is usually clearly stated in the auction’s terms and conditions