Shepherd Chartered Surveyors and JLL have been appointed as joint agents to market an exceptional city centre residential redevelopment opportunity with planning permission in Dundee for sale.
A prominent property affording panoramic views over Dundee and the Tay Firth, 30 Constitution Road, Dundee lies in an established residential area within walking distance of the universities, the city centre’s restaurants, cafes and shops, the train station and V&A Museum.
The former Dundee College of Commerce presents an opportunity to purchase a redevelopment site of prominence and scale within a well-established residential area.
The 2.26 acres site occupies an elevated position commanding outstanding and unrivalled views south over the city and Tay estuary. A fine example of 1960’s brutalist architecture, the prominent concrete framed East Tower extends over nine storeys and is a Dundee landmark.
The property is well located at the junction of Constitution Road and Barrack Road. City centre amenities, shops, gym and transport links are all within walking distance. The University of Dundee, the University of Abertay and Duncan of Jordanstone College of Art and Design are less than a mile from the property and St Andrews University is around half an hour away.
The property benefits from residential detailed planning consents, including abundant car parking provision. The redevelopment opportunity has planning consent for conversion into residential use. Redevelopment proposals have largely retained the existing structures and refurbished to deliver up to 10 floors of accommodation and extensive amenity space.
Gerry McCluskey, partner in Shepherd’s Dundee office, said: “The property’s recent planning history includes planning permissions for redevelopment of the property into residential use delivering high quality flatted accommodation for rent.
“In 2015 planning permission was granted for a proposed redevelopment and change of use of the former college site into mixed use development comprising 110 flats, with office, café, cinema, gym and storage accommodation, including associated external alterations, parking, infrastructure and landscaping works.
“Furthermore, change of use and redevelopment of the former education facility to 111 apartments, 24 short-stay serviced apartments, shared social and leisure space with café, laundrette, cinema, gym, storage space, shared living and ‘home working’ areas together with associated hard and soft landscaping, was granted in February 2018 with no S75 obligations.”