Residential Development Lands, Adare, Limerick

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Description

Prime residential, shovel ready lands of circa 2.90 hectares (7.18 acres) with the benefit of full planning permission. The site comprises good quality flat development land with direct access off the N21 road. Planning was granted on 16th June 2016 (file number 15/978) for 40 no. two storey dwellings, 18 of which have an option for an alternative house type design and 5 no. serviced sites with the benefit of outline planning permission. Services: All main services are available to the site. Service Connection Map available in our dataroom. Part V Development Contributions: It has been agreed with the Limerick City and County Council that Part V can be dealt with, with an off-site arrangement. The eventual purchaser must carry out their negotiations with the local council in regard to this. Renowned as one of Ireland’s prettiest villages, Adare is located circa 15km west of Limerick City on the N21 Limerick to Tralee road. A designated heritage town and tourist centre, Adare is a thriving village offering picturesque and historic buildings and attractions with a population in the region of 1,500 within the village itself. The main focal point of the village is the five star luxury resort of Adare Manor Hotel & Golf Resort which has undergone major refurbishment over the last two years and due to open late 2017. Adare’s main street offers a wealth of amenities such as fashion boutiques, award winning restaurants, Dunraven Arms Hotel, bars, craft shops, hair and beauty, bank and credit union, post office, Heritage Centre and a beautifully laid out Park with the benefit of walks and pathways. There are four primary schools in Adare and public transport is readily available. ‘Graigue’ is only a short stroll from the heart of the Village, adjacent to the successful residential housing estate ‘The Village’, Adare Pitch & Putt Course, Manor Fields & Playground (sporting and recreational facilities) with views of the grounds of Adare Manor and golf club. Situated at the north end of the village the lands are accessed directly off the N21 road. Limerick City is the third largest city in Ireland and is the main service centre for the mid-west region with a population of 191,809 (CSO 2016). The City is the key driver of economic activity in the Mid-West Region and the focal centre for retail, commercial and third level educational activity within the area. General transport infrastructure in the Limerick City area is strong with numerous national roads and motorways converging the region that are easily accessible from the subject property which include the M7, M20, M18, N24, N21 and N69. Limerick City is presently undergoing re-development under the Limerick Twenty Thirty plan, a €1bn economic and spatial plan that will transform the infrastructure of Limerick and deliver a whole new vision for the city. Limerick’s success is being recognised internationally with Limerick ranked as one of the top 10 locations in Western Europe in which to invest in. Plans are in place to transform Limerick into a major economic force in the Irish and European economy.

Features

Exclusive residential development opportunity extending to circa 2.90 hectares (7.18 acres) Full planning permission in place for a residential development of 40 luxury homes Outline planning permission for 5 serviced sites All main services available to the land Located within the residential village of Adare, adjacent to the successful ‘The Village’ development and overlooking the Adare Manor Hotel & Golf Resort

Accommodation

BER: Exempt

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