Land for sale in Land At Alexander Avenue, Eaglesham, Glasgow, Lanarkshire G76

Just added
Guide price £27,000
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Land for sale

Tenure:
Freehold
Council tax band:
Not available
More details

Property features

  • Prime development opportunity
  • Potential £50,000 rental income
  • Potential resale value £500,000 on completion

Property description

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 25th July at 9.00AM. 32 parking spaces in a sought-after suburb near Glasgow. 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.
Potential rental return of circa £50,000 pa if developed.

The surrounding area is a highly sought after, densely populated suburban area with a shortage of secure storage facilities for nearby homeowners.

Nearby sales include:
10 Craigbank Crescent - Sold for £307,500 Jan 24
22 Alexander Avenue - Sold for £510,000 Jan 24
96 Alexander Avenue - Sold for £360,000 Aug 23
28 Alexander Avenue - Sold for £332,000 Jun 23

Eaglesham is a village in East Renfrewshire, roughly 10 miles south of Glasgow and 3 miles south-east of the affluent area of Newton Mearns. There is an abundance of amenities including shops, takeaways, restaurants, hotels and more. There is also a school, parks and training grounds, making it a desirable and popular area to live.

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Property info

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Online Property Auctions Scotland, and do not constitute property particulars. Please contact Online Property Auctions Scotland for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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