DescriptionJoint Agents Savills & Goffs Property are delighted to offer to the market a development opportunity located in one of Limerick's most desirable addresses.
The subject property in its entirely has a site area of approx 27.21 acres of which 22.03 acres are held in freehold title with 5.18 acres held under leasehold title.
The land which accommodates a large 6 bedroom Georgian House on approximately 1.4 acres (0.566 ha), is irregular in configuration and benefits from extensive frontage to the Mill Road, approximately 105 metres. The land which slopes gradually from east to west benefits from a mature tree line which runs along each boundary providing the upmost of privacy, while a large stone constructed wall acts as a boundary along the north and eastern boundaries providing further seclusion. The land also benefits from direct access to services with a wastewater line, watermain and ESB line traversing the site and readily available for connection.
The surrounding area is a mix of mature residential estate type developments such as Brookhaven and The Hermitage to the north and mature agricultural landholdings located to the west and to the south.
Under the Limerick City Development Plan 2010-2016 (extended) the subject lands have a dual zoning. The northern portion of the lands, approximately 11.9 acres (4.81 hectares) are zoned for residential development and the remaining lands to the south east of Roseneath House are zoned Public Open Space.
Mains water, drainage and ESB services traverse the site however interested parties are required to satisfy themselves on the adequacy and availability of all services to the property.
Limerick offers opportunities across a diverse range of industries and the area continues to attract interest from multinational companies around the globe. World ICT leaders such as Dell, Analog Devices and Intel are based in Limerick, while the arrival of Regeneron, Biopharma and Ethicon Biosurgery in 2014 boosted an already strong Life Sciences sector that features Johnson & Johnson, Zimmer, Stryker and Cook Medical.
DirectionsRoseneath is located on Mill Road, an exclusive area within the Corbally district of Limerick, approximately 3km north of Limerick City Centre. The property which is located in one of Limerick's most desirable residential addresses is accessed via Corbally Road which links the Mill Road to the City Centre.
Corbally has long been a popular residential location amongst commuters given its ease of access and proximity to the city centre while also offering a high quality living environment. The area benefits from 2 primary schools and 2 secondary schools.
Grove Island Shopping Complex which occupies large retailers such as; SuperValu and Lloyd's Pharmacy is located a mere 750 metres to the south.