Nenagh site with permission for 238 houses on market for €1m

A ready-to-go development site in Nenagh with full planning permission for 238 houses is on market with an asking price of just over €1 million.

The 'Droim an Oir' site on the town's Dromin Road also has full planning permission for eight serviced sites, two retail units and a creche. It is being advertised for sale by local agent Eoin Dillon of Real Estate Alliance with an AMV of €1,050,000.
The prime site comprises approximately 30 acres (12.14 hectares), over all development site. It has frontage to the Dromin Road. Two of the houses (11 & 12) have been fully completed and sold and accordingly are not part of the sale.
Lands are mainly zoned Existing Residential, with a portion commercial, amenity and another portion new residential.
The original planning permission (06520083) was extended by 12520008 and does not expire until April 2017. Planning permission 08520011 and 10520006 changed the house types for a number of the dwellings.
House numbers 9 and 10 are fully built and could be sold practically immediately if plastered out. Second fixings completed, development contributions (€8,552.67 and €6,600.52 respectively) and bond are paid.
House number 241 is roofed, plastered externally and windows are in. The brick work on house number 240 is complete to roof level. 238 brickwork is complete to first floor level and 236 & 237 to subfloor level. Some of the sewerage drains are in and a significant amount of the earth moving has taken place.
REA Eoin Dillon understands that there is also a special contribution of €87,949 outstanding for the widening of the Dromin Road. Part V contributions to be confirmed.
The development is in one of Nenagh’s most sought after locations and is very accessible to Nenagh town centre, the N52 by pass and the M7 motorway. It is within walking distance of all the amenities Nenagh has to offer and only 20 minutes from University of Limerick, 30 minutes from Limerick City, 45 minutes from Shannon and 90 minutes from Dublin.
Viewing by appointment. Contact REA Eoin Dillon, Kenyon St, Nenagh, at (067) 33468 / 087-2052716 / info@readillon.ie / www.readillon.ie.