Land at Former Hillside Hospital, Dundee Road, Perth
SA

Land at Former Hillside Hospital, Dundee Road, Perth

By Savills

£ 20,000,000

Savills says ..

The site for sale is located to the south east of Perth and extends to an approximate area of 2.3 acres (0.9 ha). The development opportunity has a well-positioned central location but also benefits from mature woodland / walled boundaries and views over the River Tay, Perth and further afield. The site was the location of the former Hillside Hospital which has now been demolished. The site slopes down from east to west providing an attractive outlook west.<br />To the north of the subjects is the remainder of the former Hillside Hospital site which benefits from planning permission for a care home (see Planning section). The care home development will form a vehicular access from Dundee Road which will also serve the subject site. Full details on the progression of this development are available from the sales agent.<br />To the east and south of the site are large detached residential properties within the leafy suburb of Barnhill. To the west of the site is a footpath on the banks of the River Tay then the river itself over which the Dundee and Perth Railway line runs. <br /> <br />The former Hillside Hospital site is located within the desirable residential area of Barnhill around 1 km south east of the city centre.<br />Perth is located approx. 30km (19 miles) west of Dundee, 45km (28 miles) north east of Stirling and 50 km (31 miles) north of Edinburgh. <br />Perth is a vibrant city with a comprehensive range of shops, bars and restaurants, as well as art galleries, a theatre, a concert hall and a cinema. Dundee Road (A85) has excellent transport links, running south east to Junction 11 of the M90. From Junction 11 Edinburgh (M90), Dundee (A90) and Stirling (A9) can be reached directly.<br />Regular buses run along Dundee Road (A85) connecting to the<br />city centre and other locations across Perth.<br />Perth’s main railway station is located approx. 1 km west of the site, with direct services available to Dundee (25 mins), Glasgow (1 hr) and Edinburgh (1 hr 20 mins). <br />There are direct flights from Dundee Airport to Stansted Airport approx. 25 km (16 miles) east of the subjects.

Bedrooms
0
Bathrooms
0

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Metrics Year-on-Year

Average area value
141,654.00 £
Decreased by 14.33 %
from 165,349.00 £
Average area rental value
838.00 £/mo
Increased by 10.55 %
from 758.00 £/mo
Est rental Yield
7.10 %
Increased by 29.09 %
from 5.50 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Savills created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Riverview Park £ 000.00 KM
Fairmount Road £ 000.00 KM
Dundee Road £ 135,00000.00 KM
Glebe Terrace £ 000.00 KM
Manse Road £ 595,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Perth8805PTH2.32 KM

Nearby Listings

AddressPriceTypeScoreDistance
Land at Former Hillside Hospital, Dundee Road, Perth £ 20,000,000COMMERCIAL_BUYUnknown0.00 KM