Bearna site offers enormous potential
A prime site has come on the market just 350 metres north of Bearna village – complete with planning permission for 40 residential units.
CBRE have been instructed by Receiver Myles Kirby of Kirby Healy Chartered Accountants to offer this superb residential development opportunity to the open market.
The site – for sale by Private Treaty with a guide price of €4m – is situated to the north of the current Thornbury residential development, along a quiet laneway which connects to the R336, one of the main arterial routes to Galway city.
It extends to approximately 4.58 acres and has the benefit of planning permission for the delivery of 40 residential units, comprising a mix of housing and apartments.
The 22 housing units are all semi-detached and terraced units and range in sizes from 112 – 130 sq. m.
There are also additional lands included within the land holding that do not form part of the permitted scheme and have significant development potential, subject to planning permission.
This portion of the site is zoned R2 under the County Development Plan, which requires that 50% of the permitted scheme are committed to development.
This is a superb opportunity to acquire a residential development site with planning permission in place, in a highly sought-after location on the outskirts of Galway City.
CBRE’s Darragh Deasy described it as ‘a fantastic opportunity to acquire a residential development site in Bearna, a highly sought-after residential location’.
“The permitted scheme will appeal to a wide range of parties, and there is further opportunity to develop further units on the additional lands, subject to obtaining planning permission,” he said.