Lands at Arderrow, Ballyvolane, Cork

Asking Price €2,400,000
  • Type Development land

Description

Excellent Development and Investment Opportunity.

(Tenants Not Affected)

DESCRIPTION
The area immediately surrounding the property is semi-rural in character with adjoining lands being in agricultural use. The land is on the 104 to 126 metre contour and it has a gently sloping topography providing an attractive southerly aspect. The entire holding is held under a majority portion of folio CK360 and comprises 54.41 acres, excluding road bed areas the useable acreage measures 53.20 acres.

LOCATION
Located on the northern outskirts of Cork City in the suburb of Ballyvolane approximately 5kms north of Cork City Centre and 3.8kms west of Glanmire. The location is just 1km north of the North Ring Road which connects the N20 Limerick Road (3kms) to the M8 Dublin Road (6.4kms). The lands lie on the northern side of the Rathcooney Road and are bisected by a narrow local access road.

Sale Highlights:

- 54.41 folio acres with a net useable area of 53.20 acres
- 47.55 acres zoned Residential and 5.65 acres zoned Open Space under the draft Cork City Development Plan 2022
- 4,491 sq.ft. of Industrial space 89% let producing a rent of €48,600 per annum (Tenants Not Affected)
- Land is let on a short term basis (Tenant Not Affected)
- Located in one of Cork's fastest expanding residential areas
- Just 5kms from Cork City Centre, 3.8kms from Glanmire and 6.4kms from the M8 Dublin Road
- Available in 3 lots or in its entirety
- Lot 1 - 17.87
- Lot 2 - 13.92
- Lot 3 - 21,40
- Entire: 53.20
- Lot 1 - €600,000
- Lot 2 - €900,000
- Lot 3 - €950,000
- Entire AMV - €2,400,000

For more information visit www.arderrow.ie.


Contact Joint Agents:

Denis O'Donoghue
CBRE
T: 021 491 7255

Sean McCarthy
ERA Downey McCarthy
T: 021 490 5000

Ger White
ERA Downey McCarthy
T: 021 490 5000

BER Details

BER: C2 - G

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