The site has a detailed planning consent for 45 apartments and four townhouses and is located on Otago Lane, benefitting from an excellent outlook on the banks of the River Kelvin and is a short walk to both Glasgow University and Kelvin Bridge Underground Station on Great Western Road.
The purchaser, Queensberry Properties Ltd (QPL) is a joint venture between Cruden Homes (East) Ltd and Buccleuch Property.
Otago Lane will be the JV’s first residential development in Glasgow after a number of successful ventures In Edinburgh.
A spokesperson for QPL said: “This first site in Glasgow is a significant milestone for Queensberry. We have recently delivered some of Edinburgh’s most successful prime residential developments and look forward to bringing our expertise in innovative design and carefully considered, bespoke specification to the West. Otago Lane represents a fantastic opportunity in a unique and sought-after location and we look forward to bringing these exciting new properties to the residential market over the coming months.”