This extensive development site, nestled in the sought-after town of Dunoon on the Cowal Peninsula, encompasses over 17 acres and is part of a larger 58-acre parcel currently held under one title. Its proximity to both Alexander Street and Cowal Place places it conveniently on the outskirts of Dunoon's town center, offering excellent accessibility to local amenities.
The site benefits from full planning permission for the construction of 101 residential units, comprising a mix of semi-detached and detached homes. This presents a significant opportunity for developers looking to invest in an area poised for growth. For those interested in more detailed planning information, documentation can be accessed through Argyll and Bute Council's Planning portal using reference 19/01456/PP.
Entry to the site is facilitated via Alexander Street, enhancing its connectivity. Additionally, a pre-application inquiry has explored the feasibility of a more ambitious commercial venture on the remaining 40 acres. Proposed developments include a hotel with associated facilities such as function rooms, pools, spas, and leisure amenities. Further plans also contemplate creating an energy center featuring biomass heating and solar power, along with enhanced landscaping that includes a nine-hole pitch-and-putt course. The feedback from this pre-application process was encouraging, indicating potential for substantial future developments.
With an estimated gross development value (GDV) of around £30 million, this property represents a compelling investment prospect that combines residential and commercial possibilities in a vibrant location.
