Greenock PA16 Land for sale

>

Greenock PA16 Land for sale

Greenock PA16
£25,000

Price History

Initial price £35,000
29/03/25 £25,000
Price Change -28.57%

Description

This is a prime investment opportunity in a scenic location with stunning sea and mountain views. The property is a radio/telecoms mast and cabin, currently leased to a local broadcasting company for £6,000 per annum on a 7-year lease, with the option to renew for another 7 years. The mast is 43m tall and has recently passed its annual safety inspection, with power and telecoms already on site. The property is situated in Greenock, a town with a population of around 74,000, with a range of services and facilities available, including a main line railway station and proximity to Glasgow city centre. The site is currently being auctioned off, with bidding starting on April 3, 2025, and is expected to generate a super return on investment.