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Land At Millden, Balmedie, Aberdeen... Land for sale
Land At Millden, Balmedie, Aberdeen, Aberdeenshire, AB23
£550,000
Land At Millden, Balmedie, Aberdeen, Aberdeenshire, AB23
£550,000
Our Summary
- 98 acres of pasture and grazing with development potential DescriptionDescription The land at Millden extends to approximately 39
- Development Potential Although the land is not currently zoned in the Aberdeenshire Local Development Plan 2023, there have been various bids for development put forward for the site in recent years, with the vendors having carried out significant work to plan for the potential of future development
- Clawback Provision The land is subject to an obligation from the Purchaser in favour of the Seller (and their successors in Title) to pay 25% of the uplift in value occurring as a result of gaining any non-agricultural planning consent in the period of 25 years from date of completion of sale
- Attractive land package with future development potential
Description
The property at Millden is a 98-acre plot of land that was formerly the East Aberdeenshire Golf Course. The land is characterized by gently rolling permanent pasture and mixed semi-mature woodland, with an east to south-easterly aspect and an altitude of between 20 and 70 meters above sea level. The land has been cropped in the past and is currently in grass, with a small pond located along the western boundary. The property has development potential, with nearby services including electricity, water, and gas mains, and is well-placed to take advantage of nearby amenities. The land is subject to an obligation to pay 25% of any uplift in value resulting from non-agricultural planning consent. The property is located in a rural area on the outskirts of Balmedie, an inviting village with local amenities, and is within easy reach of Aberdeen city center and airport.