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Land for sale
Alexander Avenue, Glasgow G76
£22,500
Alexander Avenue, Glasgow G76
£22,500
Price History
Initial price | £29,000 |
12/11/24 | £22,500 |
Price Change | -22.41% |
Description
This property is a unique investment and development opportunity in the sought-after suburb of Eaglesham, near Glasgow. The listing features 32 parking spaces that can be built upon to create lock-up garages or workshops, with a potential gross development value of up to £500,000. The area is highly populated and has a shortage of secure storage facilities, making it an attractive opportunity for developers. With a potential rental return of circa £50,000 per annum, this property has the potential to generate significant income. The surrounding area is affluent, with nearby properties selling for up to £510,000, and offers a range of amenities, including shops, restaurants, and schools. The property is available for immediate purchase, with pre-auction offers available, and will be sold through online auction on June 27th.