Land with development potential

Prime Property Auctions presents a substantial development site extending to 199,940.4 square feet, located in Dunoon. This site offers an attractive opportunity for keen developers, subject to researching and gaining the necessary planning permissions. Nearby sale evidence includes Gordon Street, Dunoon PA23 7EJ previously sold for £177,500; 36 Alexander Street, Dunoon, Argyll PA23 7EW previously sold for £245,000; and 120 Alexander Street, Dunoon, Argyll PA23 7PY sold for £240,500. Previous planning activity on adjacent land includes approval on 28.9.21 for the erection of 101 dwelling houses (reference 19/01456/PP), and a proposed commercial development of a hotel with a restaurant, function rooms, pools, and spa and leisure facilities with the local Argyll and Bute Council (reference 21/02008/PREAPP). 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.