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Student Accommodation Investment Opportunity, Rialto Court, Bridge Road, Stockton-on-Tees, TS18 3DG
not specified / Land
Withdrawn - Last updated: 16 August 2023
Rialto Court is located in Stockton-on-Tees, County Durham, situated on the
south side of Bridge Street and bound by the River Tees to the east.
The opportunity comprises a purpose built student halls of residence including
382 en-suite double bedrooms which are arranged around an elevated courtyard.
- 382 en-suite double bedrooms with 5 blocks of accommodation with undercroft car parking for 25 cars.
- Located in close proximity to Durham University Queens Campus.
- Nominations agreement with Durham University securing a gross annual rent of £1,825,000.
- Operating costs for 2012/2013 projected at circa £690,000
- Rialto Court is the only private and purpose built halls of residence serving Queens Campus.
- Durham University is consistently ranked as a top 5 University.
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