15.31 ha (37.9 acres) Development Lands at Coolbawn, Castleconnell, Co. Limerick
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Auction
- Lot 10
- Ireland
- Development Site
- Commercial
Sold for €1,780,000
Property Summary
- A substantial parcel of residential development lands.
- Comprising foundations for 13 units.
- Extending to approximately 15.31 hectares (37.9 acres).
- Zoned Residential Development Area, Existing Residential and Open Space.
- Expired planning permission for 38 residential units.
- Potential for further residential development (subject to obtaining all necessary planning consents).
- Excellent location just off the M7 motorway, 17km from Limerick city centre.
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Property description
The property is arranged to provide an irregular shaped parcel of residential development land. The lands are located within Castleconnell village in a predominantly residential location.
Total site area extending to approximately 15.31 hectares (37.9 acres).
Tenancy
A third party is in possession of a portion of the property in sale and vacant possession of this portion of the property in sale may not be furnished on closing - please refer to legal documentation.
Planning
Planning permission was previously granted in October 2006 (Planning Ref. 06/1354) for the construction of 69 no dwelling units comprising a mix of terrace, semi detached and detached houses. 31 of these units have been constructed and sold separately (not included in sale), 13 foundations are in place and 25 units were never developed. This application was extended in November 2011 and most recently expired in November 2016. We are informed the development contributions have been paid in full (please refer to legal documents for clarity).
Zoning
Under the Castleconnell Local Area Plan 2013 - 2019 the lands are zoned;
- Residential Development Area - Phase 1.
- Residential Development Area - Phase 2.
- Residential Development Area - Phase 3.
- Existing Residential.
- Open Space and Recreation.
Accommodation
Planning
Planning permission was previously granted in October 2006 (Planning Ref. 06/1354) for the construction of 69 no dwelling units comprising a mix of terrace, semi detached and detached houses. 31 of these units have been constructed and sold separately (not included in sale), 13 foundations are in place and 25 units were never developed. This application was extended in November 2011 and most recently expired in November 2016. We are informed the development contributions have been paid in full (please refer to legal documents for clarity).
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*Terms & Conditions
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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