Development site in Cork for €2.95m
AGENT Lisney is guiding a price of €2.95m for a prime development opportunity in Shanakiel, Co Cork.
Located 2.5km west of Cork city centre, it's situated next to both Shanakiel Road and the Western Road bridge, offering convenient access to UCC, the Mardyke Arena and the city centre.
The entire site extends to approximately 14.188 acres (5.742 hectares) and is laid out over three tiers/levels with a series of buildings including the former St Kevin's Hospital, St Dympna's, St Kevin's Church and number of outbuildings totalling approximately 8,300 sq m (89,340 sq ft).
The majority of the site is zoned 'Residential, Local Services and Institutional uses' under the terms of the Cork City Development Plan 2015 to 2021. A section of the property to the southern side is designated land preservation zone (NW2).
Margaret Kelleher of Lisney's Cork office expects to see strong interest in the subject property given its location, size, proximity to Cork city centre and clear residential development potential.