This expansive first-floor flat, historically significant as part of the former Cumbrae Hotel, presents a unique investment opportunity in the scenic town of Millport. Positioned on the seafront at Quayhead, it boasts excellent potential for reconfiguration into multiple units or revitalization as a spacious family residence or holiday rental, pending planning approval. Featuring five generously-sized double bedrooms, a large lounge with breathtaking sea views, and an extensive hallway leading to various spaces including a kitchen and dining room, the layout is adaptable to modern living needs. While it retains charming period details such as high ceilings and stained glass windows, it is ready for upgrades and personalization. Recent improvements include a new roof and double-glazed windows in common areas. With additional features like partial storage heating and communal garden access, this flat offers both comfort and potential for value enhancement. Given its prime location near local amenities and transport links to Glasgow, this property is well-suited for those looking to invest in a versatile living option or capitalize on rental demand in this desirable coastal area.