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19 South Ward Rd - Student Accommodation Development Plot 0.34 Acres of Residential Land Offered at $2,800,788 CAD in Dundee DD1 1PU
Investment Highlights
- Prime PBSA development site with the benefit of a full planning consent for 215 PBSA beds including 110 cluster beds and 105 studios
- Ideal City Centre location with strong local amenity offering, and excellent transport connectivity
- High quality external and internal amenity offering, comprising 2.7 sq m per bed
Executive Summary
Vendor is seeking offers in excess of £1,250,000 (One Million, Two Hundred and Fifty Thousand Pounds) for the Heritable interest in the site, which reflects a residual price per bed of £5,813. Vendor will also consider offers on the basis of a forward funding transaction, and has an experienced development team in place to deliver the proposed scheme. Further information is available should this be a preferred option.
Property Facts
| Price | $2,800,788 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units - Dorms |
| Tenure | Freehold | Total Lot Size | 0.34 AC |
| No. Lots | 1 |
| Price | $2,800,788 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Dorms |
| Total Lot Size | 0.34 AC |
1 Lot Available
Lot
| Price | $2,800,788 CAD | Lot Size | 0.34 AC |
| Price Per AC | $8,133,479.92 CAD |
| Price | $2,800,788 CAD |
| Price Per AC | $8,133,479.92 CAD |
| Lot Size | 0.34 AC |
This lot comprises 15,000 square feet and is consented for the development of a 215-unit PBSA property, following demolition of the existing structure to the site.
Description
Scheme comprises construction of purpose-built student accommodation with ancillary amenity space, associated landscaping and cycle parking. This project also includes associated infrastructure works and access roads, following the demolition or repurposing of the existing structure to site, reflected in Property ID 8608212. The PBSA building to be erected is refelcted at Property ID 19285657.
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19 South Ward Rd - Student Accommodation Development Plot
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