In-demand Wicklow development land expected to bring €200,000 at public auction

A highly desirable 2-acre parcel of development land on the Vale road in Arklow will be sold by virtual and public auction on Wednesday, February 22.

The property has an Advised Minimum Value (AMV) of €200,000 and comprises of a c. 0.80 ha - c. 2-acre site, which includes the remains of a very derelict cottage and features a substantial amount of road frontage.

Zoned as R28 (New Residential) under the Arklow and Environs Local Area Plan 2018 – 2024, the lands are superbly located on the R747 Vale Road in Arklow town, which offers excellent access to local amenities and commuter and transportation links.

The prominent location has been described as “extremely attractive” by the managing agent, who highlighted the sheer lack of undeveloped new residential land in Arklow as a particularly poignant selling point. Wilson Auctions expect the land to provide a unique opportunity for a one-off or multi-unit project, subject to the necessary planning.

A spokesperson for Wilson Auctions commented: “Given the distinct lack of land zoned for new residential in the Arklow area, we expect a lot of interest in this property. One look at the Environs Local Area Plan will show potential buyers just how scarce new residential land is, so auctions of this type of land, in that area of south Wicklow, are quite the rarity.

The development lands on the Vale Road, Arklow will be sold by live virtual online and public auction on Wednesday February 22 at 2023 At Wilsons Auctions, Kingswood Interchange, Naas Road, Dublin 22.