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Land for sale
Alexander Avenue, Glasgow G76
£22,500
Alexander Avenue, Glasgow G76
£22,500
Our Summary
- PRE-AUCTION OFFERS AVAILABLE ON THIS LISTING - THIS LISTING IS AVAILABLE FOR IMMEDIATE PURCHASE, SHOULD YOU WISH TO MAKE AN OFFER CONTACT THE OFFICE TODAY
- FOR SALE BY ONLINE AUCTION THURSDAY 27TH JUNE AT 9
- Ideal for building lock up garages or workshops, subject to planning consents
- Potential development value of up to £500,000
- Online Property Auctions Scotland are delighted to present this investment and development opportunity, comprised of 32 car parking spaces in Eaglesham
- The spaces are ideal for building lock up garages or workshops, and have a potential gross development value of up to £15,000 per garage, providing a full potential value of £500,000 if all spaces are utilised
Description
This property is a unique investment and development opportunity in the sought-after suburb of Eaglesham, near Glasgow. The listing features 32 parking spaces that can be built upon to create lock-up garages or workshops, with a potential gross development value of up to £500,000. The area is highly populated and has a shortage of secure storage facilities, making it an attractive opportunity for developers. With a potential rental return of circa £50,000 per annum, this property has the potential to generate significant income. The surrounding area is affluent, with nearby properties selling for up to £510,000, and offers a range of amenities, including shops, restaurants, and schools. The property is available for immediate purchase, with pre-auction offers available, and will be sold through online auction on June 27th.