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Land Middle St
2.1 Acres of Commercial Land Offered at $82,599,408 in Beeston NG9 1GA
Investment Highlights
- 419 bed PBSA investment opportunity
- Cassidy Group are seeking a funding partner on a forward fund or JV basis
- The UK’s number 1 Main Contractor, ‘Bowmer & Kirkland’ are on board to start on site late August 2024, to guarantee an opening in summer 2026 to an
- They are offering a minimum 8.2% net yield on cost based on today’s rents, by 2026 we anticipate a 16% rental increase which creates a 9.4% net yield
Executive Summary
Property Facts
| Price | $82,599,408 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Tenure | Freehold | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 2.10 AC |
| Price | $82,599,408 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 2.10 AC |
1 Lot Available
Lot
| Price | $82,599,408 | Lot Size | 2.10 AC |
| Price Per AC | $39,333,052 |
| Price | $82,599,408 |
| Price Per AC | $39,333,052 |
| Lot Size | 2.10 AC |
The scheme is primed to deliver high quality student accommodation. Mixture of commercial and residential elements to provide a complete and enjoyable living experience for future residents. The site is located in the popular City of Nottingham.
Description
The site is situated at the edge of Beeston Town Centre. It is bounded by Station Rd, Middle St and Styring St. Beeston Tam stop is located adjacent to the site. It is 0.8 miles from the west entrance of the University of Nottingham's main campus. The land is 0.6 miles from Beeston railway station so has excellent connectivity for future residents.
Learn More About Investing in Land
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Land Middle St
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