Site at Waterock, Midleton, Co Cork

POA

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Price	POA
Property Type	Development Land
Size	0 meters²
Energy Rating	BER-
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Description

Excellent location close to Midleton Town Centre and all local amenities. Conveniently located approximately 20km east of Cork City Centre. Site area extends to approximately 6.87 hectares (16.98 acres). Majority of the site is zoned "High Density Residential Development" in the Municipal District Local Area Plan 2017. The site forms part of the Waterock lands which has been allocated €6.5m for the upgrade of local infrastructure.

Directions

Location: The subject property is located approximately 20km east of Cork City Centre and approximately 1.5km north west of Midleton Town Centre. It is situated in Waterock immediately adjacent the Midleton to Cork railline. Midleton has long been a popular residential location for city commuters given its ease of access and proximity to Cork city. The town benefits from excellent public transport network following the re-establishment of the commuter rail service which operates every hour. As a town Midleton offers a high quality living environment with 5 primary schools and 4 secondary schools. The town also benefits from an array of sporting facilities catering for Golf, Rugby, Soccer, GAA and hockey.

Viewing Information

Description: This edge of town greenfield site extends to approximately 6.87 ha (16.98 acres) and sits immediately adjacent Midleton rail line. The site is irregular in configuration and is generally flat throughout. The site is currently laid out in grass with mature trees and hedgerows acting as natural boundaries on all aspects of the land. The surrounding area is a mix of one off detached homes, mature agricultural land holdings to the north and south and industrial warehouse buildings to the east. Local Infrastructure Housing Activation Fund (LIHAF): The subject site forms part of the overall Waterock lands which has been identified in the "Rebuilding Ireland" action plan as a Major Urban Housing Development Site capable of accommodating 2,500 residential units, Waterock has been allocated €6.5m in funding to provide public off-site infrastructure to open up land and accelerate development. Zoning: Under the Midleton Municipal District Local Area Plan 2017 the subject land is zoned High Density Residential Development. Method of Sale: The subject site will be offered for sale by Private Treaty. Price: In excess of €2.5m. Further Information: Further information such as site map, planning report and title summary available on request. Services: As part of the LIHAF funding Cork County Council will provide the main east-west road call U-O2. This will open up access to the western section of the Waterock zoned lands and will incldue public utilities. The roadway will run adjacent to the northern boundary of the subject lands, thus providing ready access to such services. Title: Freehold. Contact: James O'Donovan; +353 (0) 21 490 6120; james.odonovan@savills.ie Peter O'Meara; +353 (0) 21 460 6114; peter.omeara@savills.ie

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Site at Waterock, Midleton, Co Cork

POA

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