Tuesday 16 October 2018

Nationwide interest in Ramstown site with guide price of €600,000

The 14 acre site for sale by private treaty at Ramstown.
The 14 acre site for sale by private treaty at Ramstown.

Sara Gahan

Developers nationwide are said to be interested in a 14 acre site for sale by private treaty with a guide price of €600,000 located on the outskirts of Gorey Town.

The site, which works out €43,000 per acre, is situated in Ramstown just 1.5 km to the south east of the town centre and is located in a popular residential area just off the R772, which is to the north of Ramstown upper and to the immediate south of the Paddocks and Heath housing estates.

'Most of the interest has been from local purchasers,' said Robert Colleran from CBRE. 'However, I have also received strong purchase interest from nationwide developers, given how well the town is doing at the moment.'

The site has road access through the Paddocks housing estate, and approximately 10 acres of the land is zoned for residential use under the new Gorey Town and Environs Local Area Plan, while the remainder is un-zoned and has potential to be used for additional long-term development.

The Ramstown Lands are close to Gorey Business Park and Knockmullen Office and Information Technology Centre.

Gorey Guardian