Prime development land to go under the hammer

FOR SALE 14 acres with mixed zoning at Oldcastle

A parcel of prime development land, over a quarter of which is zoned for residential development, in the Oldcastle area is set to be sold by online auction next month.

Coonan Property Maynooth, Celbridge and Naas, are proud to present this land to the market by online auction at 12 noon on Tuesday, March 5, via Coonan Live.

The property consists of a level site of 14 acres / 5.7 ha in the centre of Oldcastle, Co Meath. The land has the benefit of being partly zoned for ‘New Residential’. The guide price for this property is €400,000.

The vendors explain this means that the property is ideal for development and would be an excellent investment opportunity. It will attract a diverse buyer profile, from developers to investors to farmers.

Approximately 3.7 acres (1.496 ha) are zoned Objective A2 in the Meath Development Plan 2021 to 2027 which is: ‘To provide for new residential communities with ancillary community facilities, neighbourhood facilities and employment uses as considered appropriate for the status of the centre in the Settlement Hierarchy.’

The rest of the lands are un-zoned but would appear to offer medium to long term potential.

The property benefits from road frontage to the R195 Virginia road and adjoins existing residential and commercial development. The subject lands are close to national and secondary schools, as well as the town centre with all amenities.

Oldcastle is located in the north-west of County Meath near the border with Cavan and has easy access to the M3 motorway with Dublin city only an hour’s drive away.

Register

The deadline for registering for the auction is Friday, March 1, at 12pm. Registration for auctions online at: Auctions.Coonlive.com/register

For more information, please contact Coonan Property on 01-6286128.