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Olleco Southampton Royal Crescent Rd 27,000 SF Industrial Building Southampton SO14 3TT $14,766,860 CAD ($546.92 CAD/SF)
EXECUTIVE SUMMARY
Freehold investment opportunity in Southampton city centre. The site benefits from full planning consent (Ref: 23/00649/FUL, March 2024) for a landmark co-living scheme comprising 397 studio units across a 17-storey tower with additional 7- and 5-storey elements. Total site area is 0.47 hectares (1.16 acres). Designed to institutional standards with ESG credentials, the scheme offers extensive shared amenities including co-working spaces, gym, café, and resident terraces. Located within a 10-minute walk of the city centre and close to Ocean Village, universities, and major employers, with excellent transport links to London and the South Coast. Guide price: £8,000,000 Freehold. Section 106 contribution approx. £1,785,000; CIL liability TBC. Viewings strictly by appointment.
PROPERTY FACTS
| Price | $14,766,860 CAD | Lot Size | 0.79 AC |
| Price Per SF | $546.92 CAD | Rentable Building Area | 27,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Tenure | Freehold | Year Built | 1950 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Service | Parking Ratio | 0.67/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 6 |
| Price | $14,766,860 CAD |
| Price Per SF | $546.92 CAD |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.79 AC |
| Rentable Building Area | 27,000 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 0.67/1,000 SF |
| No. Drive In / Grade-Level Doors | 6 |
AMENITIES
- Fenced Lot
- Signage
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Olleco Southampton | Royal Crescent Rd
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