Land with development potential

Prime Property Auctions brings to market a substantial development site boasting 201,247 square feet. Previous nearby sales include Gordon Street (PA23 7EJ) for £177,500, 36 Alexander Street (PA23 7EW) for £245,000, and 120 Alexander Street (PA23 7PY) for £240,500. This site would suit keen developers looking for an attractive development opportunity, subject to researching and gaining necessary planning permissions. Planning reference 19/01456/PP approved the erection of 101 dwelling houses on adjacent land on 28 September 2021. Additionally, a proposed commercial development of a hotel with a restaurant, function rooms, pools, and spa/leisure facilities has been discussed with the local Argyll & Bute council under reference 21/02008/PREAPP. The local council is set to develop 101 residential dwelling houses adjacent to the land for sale. Dunoon presents a lucrative investment opportunity for those seeking to capitalise on Scotland's thriving tourism and leisure industries. With its stunning coastal scenery and rich maritime heritage, Dunoon serves as an ideal destination for strategic investment in hospitality, leisure, and real estate ventures. The town's status as the gateway to Argyll Forest Park and its proximity to popular tourist attractions make it a prime location for hotel developments, holiday accommodation, and recreational facilities. Additionally, Dunoon's vibrant community spirit and year-round events create a bustling atmosphere that attracts visitors and residents alike, ensuring a steady stream of clientele for businesses. With the potential for high returns and sustainable growth, investing in Dunoon offers a promising opportunity to be part of the region's economic expansion and prosperity.