Colliers has brought to the market a circa 1.2 acre residential development opportunity, Wavelength, on behalf of DeTrafford, located in Salford Quays, Greater Manchester.
Planning consent was granted in December 2019 for the demolition of the existing three storey office building and construction of 421 one, two and three-bedroom apartments, 408 sqm of ground floor commercial space, along with associated access, landscaping works and parking spaces.
The site is in close proximity to the Salford Quays metrolink and provides rapid connections to Manchester City Centre (1.75 miles away), MediaCityUK (0.7 miles away) and regional towns throughout Greater Manchester.
Colliers is inviting offers from developers which can demonstrate an exemplary track-record of acquiring and delivering high quality development on similar opportunities.
James Strong, senior surveyor of Residential Development at Colliers commented: “Wavelength offers an exciting opportunity for a developer to create a new development within an area that has experienced extensive redevelopment over the past few years, resulting in what is now an outstanding business, cultural and residential hotspot. Destinations such as The Lowry, Quayside Shopping Centre and IWM North in addition to employers such as BBC, ITV, University of Salford and Bupa having a strong presence has attracted a diverse range of residents, occupiers and visitors to Salford Quays.
“In addition, Salford City Council has recently launched its new blueprint, entitled Salford Quays: A New Vision in 2030, which details five guiding principles set around ensuring the area evolves even more over the coming years as a place that works for everyone, that puts people at its heart, that is dedicated to wellbeing and where creativity brings people together. Colliers is seeking a developer who really wants to be part of the Quay’s future, helping to celebrate communities and the history of the locality.”
Gary Jackson, Founder and Chief Executive Officer at DeTrafford added: ‘This is a unique opportunity for a developer to acquire a successful waterside development opportunity with similar layouts and cost effective facilities to our Manchester City centre schemes where we are concentrating. It also benefits from being in close proximity to the metro for easy access to the city centres / stations and airport.”
