V&A DATE MILESTONE FOR THE WATERFRONT

02 March 2018

THE flats market is generally regarded as a reliable barometer of the local property market.

It is a sector which has always been hugely influential in Dundee and beyond.

Traditional tenements afford first-time buyer opportunities, scope for buying to rent and also for modernisation, while contemporary apartments are proving popular with buyers.

Major re-development has been transforming the City of Discovery’s Waterfront area in recent years and it continues apace.

For years, the former regional council’s office tower building dominated the local streetscape but it was razed to the ground as part of the multi-million-pound regeneration project which is re-shaping Dundee and its image.

September will herald the eagerly awaited official opening of the V&A Museum on the banks of the River Tay. That promises to put Dundee firmly in the international spotlight once more, having already generated positive headlines in publications at home and abroad.

The Waterfront is welcoming new and renovated hotels, bars and restaurants, as well as retail attractions and the many flats which enjoy prime locations between the Tay and the city centre.

The Tayside Solicitors Property Centre is THE place to market your property and potential buyers in the riverside community are circling.

Centre manager Lynne Hill said: “I believe the overall sum of £1 billion is mentioned for the phased redevelopment of the city’s Waterfront and the opening of the V&A will certainly mark a major milestone.

“This is a combination of private and public finance. The Waterfront, historically, has played a key role in the civic and business life of the city and in that sense we are seeing the clock being turned back.

“But there is an exciting new look to the developments which are being rolled out and demand is strong for apartments in the neighbourhood.”