SHEPHERD Chartered Surveyors is bringing to market a major development opportunity close to Aberdeen city centre.
The four acres development site is situated a short distance south of Aberdeen city centre on the west side of South Esplanade West between the Queen Elizabeth Bridge and the Victoria Bridge.
The Queen Elizabeth Bridge is one of the main routes into the city centre from the south via Wellington Road and the site is just a short walk to Union Square shopping centre and the city centre thereafter.
The site has Planning Permission in Principle for the construction of 258 residential units set over four and seven stories, together with 360sqm of retail and associated infrastructure.
The residential element comprises of 90 one bed flats; 129 two bed flats; 32 three bed flats and seven four bed flats while the commercial element comprises of a 113sqm central retail/café and a 503sqm Victoria Bridge retail/commercial building.
James Morrison, associate at Shepherd, said: “Part of the Torry waterfront city centre masterplan intervention area, we anticipate keen interest in this rarely available major development opportunity, given its proximity to Aberdeen city centre.
“Interested parties should make their own enquiries with the local planning authority to establish the suitability of their proposed use should it differ from the current consent or to satisfy themselves of the current consent.”
Offers are invited. Interested parties should contact the sole selling agent on tel 01224 202836.
