Friday 18 October 2019

Guide price for land with potential reduced by more than €400,000

Price cut: The land at Hampton Demesne, Balbriggan, Co Dublin
Price cut: The land at Hampton Demesne, Balbriggan, Co Dublin
Donal Buckley

Donal Buckley

The asking price for 45 acres of land at Hampton Demesne, Balbriggan, Co Dublin, which has long-term development potential, has been reduced by 33pc.

Savills has cut the guide price from €1.25m, or €25,000 per acre, to €830,000, which equates to €18,000 per acre.

The tillage land is considered highly productive and is zoned as high amenity, which permits its use for agri-tourism, bed and breakfast, boarding kennels, burial grounds, childcare facilities, farm shop, guest house, health practitioner or holiday homes.

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