Development opportunity available subject to planning for an attractive modern contemporary new build block of 32 x luxury apartments. Located in Evening Hill, Canford Cliffs and within walking distance of Sandbanks beaches.
The new building will comprise of 21 x two-bedroom apartments (Sizes range from 95.3sq mt (1,025 sq ft) to 110.4 sq mt (1,187 sq ft)) and 11 x three-bedroom apartments (range from 128.1 sq mt (1,378 sq ft) to 175.3 sq mt (1,886 sq ft)).
Each apartment will benefit from private balconies, use of the communal grounds and car parking in the underground garage.
The basement level provides 45 x parking spaces, cycle and bin stores. The GDV for the 32 x apartments is estimated at £27,000,000.00. The freehold has an approximate value of £211,200.00 based on the ground rents of £300.00 p.a. per unit.