0.70 Acres (0.28 Hectares) Heritable Interest development opportunity in the district of Tradeston in Glasgow. Planning approved (ref 25/01258/FUL) for the demolition of an existing vacant office building and construction of a 420-unit purpose built co-living scheme across 19 storeys, comprising excellent amenity offering, ancillary facilities, ground floor commercial and private/public green space.
- Ref: 2097221
- Types: Residential Development
- Size: 0.70 ac
- Freehold: £93,500,000
Key Features
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Forward commitment development opportunity in Glasgow
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Strong location within a 10-min walk of train station
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Planning approved for a 420-unit co-living scheme
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Studios ranging from 22-37 sq m
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2,100 sqm of internal amenity and extensive green space
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Gross ERV of £7,207,200 (bills inclusive)
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Strong fundamentals driving rental growth
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Expected practical completion circa 2030
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Targeting BREEAM Excellent certification
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Guide Price of £93,500,000 reflects a blended 5.68% NIY
Location
100, Morrison Street, Glasgow, G5 8LN
100 Morrison Street is located in Tradeston, south of the River Clyde, within a 10-minute walk of Glasgow city centre and close to retail, amenities, and venues. The site is also within walking distance of Glasgow Central Station and West Street and Bridge Street subway stations, providing strong connectivity.
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