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Studio, in Lord Cullen House, £450,000
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0 bed property

Lord Cullen House, 127 Causewayend, Aberdeen AB25
Planning
£450,000
-21.7%

Price History

Initial price £575,000
Current price £450,000
Price Change -21.7%

Our Summary

  • Prime Development Opportunity
  • Development opportunityIf you are looking for an exceptional development opportunity close to Aberdeen city centre this substantial former office complex is sure to catch your eye
  • Within close proximity to Aberdeen University, this site offers huge development potential The property is currently arranged over three/four floors, extending to approximately 4,069 sq
  • The site benefits from a pre-planning application approved by Aberdeen City Council under Reference 250101/preapp, outlining a proposal to develop up to 70 residential units
  • Given its proximity to the University and strong local demand for student and private accommodation, this property offers excellent potential for conversion to residential, mixed-use, or purpose-built student housing (subject to full planning approval)

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Description

The property is a substantial former office complex over three/four floors, totaling approximately 4,069 sq. meters, formed of two principal blocks connected by an enclosed walkway. It offers 58 on-site parking spaces and a ground-floor garage, with a portion of the parking area and garage rented out on an informal basis. The site has a pre-planned proposal approved for development up to 70 residential units, with easy access to the University of Aberdeen and the city center, as well as nearby amenities and public transportation links.