Description
Joint agent Savills and Irish & European are delighted to offer for sale this superb development opportunity in one of Corks most desirable locations. The property comprises a c.33.94 acre site in a superb location that benefits from medium density residential zoning (20 – 50 units per ha). The opportunity now exists to acquire this prime residential development site in a proven sales location within close proximity to Douglas and Cork City Centre.
Location
The subject property is located on the city side of Carrigaline Town Centre and approximately 6kms south east of Douglas Village. The site sits between Fernhill Golf Club, located immediately to the east and the ongoing Janeville development located immediately to the west.
Carrigaline is recognised largely as a commuter town located approximately 12kms south of Cork City. The population of the town has expanded progressively over the past 10-15 years and was estimated at 15,770 persons in the 2016 census.
The town contains mainly estate type housing and the retail offering in the village includes local shops and larger retail operators such as SuperValu, Dunnes Stores and Lidl. Large employers in the wider Carrigaline/ Ringaskiddy area include Pepsi, Unilever, Glaxo Smithkline, Biomarin, Pfizer and Novartis. Excellent educational facilities are provided locally as well as a range of sporting clubs and leisure facilities.
The site consists of undeveloped lands extending to approximately 13.74 hectares (33.94 acres) in total, located just off the Shannon Park roundabout approximately 1.5kms north of Carrigaline Town Centre. Of the entire landholding the net developable area extends to approximately 9.31 hectare (23 acres) which excludes the required provision of a linear open space (CL-O-09) and greenway along the old rail line (CL-U-05) as per the Carrigaline Local Area Plan.
The surrounding area is a mix of mature agricultural landholdings as well as mature residential estate type developments. Fernhill Golf Club is located immediately to the east while the popular Herons Wood development bounds the site to t ...