F.P.P. for 130 units, Ballinderry Road, Mullingar, Co. Westmeath, N91 D8W7

Seeking best bids to be submitted by hand or by email no later than 12pm Friday, 28th June 2024 and addressed to Coonan Property, Property House, Main Street, Maynooth, Co. Kildare, for the attention of Will Coonan or emailed to willc@coonan.com. Further details on request.

• Superb development opportunity with 'Ready to Go' planning permission
• Site extending to approx. 9.9 acres (4.015 ha) with full planning permission for 130 residential units in an area with proven residential demand
• Benefits from planning permission for a residential development a mixture of houses, duplex units and apartments
• Zoned Objective ‘O-LZ1' under the Local Area Plan 2014 - 2020. Under this zoning objective the lands are outlined 'to provide for residential development, associated services and to protect and improve residential amenity'

Guide Price

Excess €4,300,000

Location

The proposed development site is located in the southern environs of the ‘growth' town of Mullingar. The site is located approx. 1.5 km to the south east of the town centre west of Ballinderry Road (L1132). Ballinderry Road is a local road that intersects with the N52 approx. 1 km to the south of the site. The N52 connects with the Regional Road (R394) which bypasses Mullingar to the west. It also connects with the N4 which functions as a ring road to the East and North.

Travel times from the site are an hour to Dublin and 90 minutes to Galway. Mullingar has experienced a steady growth in population in recent years and is now a popular commuter town in the greater Dublin area. There is a fast and frequent Dublin-Longford Commuter or Dublin-Sligo InterCity rail service provided from Mullingar train station. Mullingar station is within close proximity of the site.

Mullingar has several hotels including the Greville Arms Hotel, Annebrook House Hotel, Bloomfield House Hotel, Leisure Club & Spa, Newbury Hotel and the Mullingar Park Hotel.

Mullingar possesses a wide range of amenities and recreational facilities for the enjoyment of all members of the community and visitors alike. Established walkways such as the Táin Trail and the Westmeath Way in the vicinity of the town are important in terms of their cultural and heritage value.

Description

The proposed development site occupies approximately 9.9 acres (4.015ha) and is located on a greenfield site on residentially zoned lands to the south-west of Mullingar town. A portion of the site, approximately 0.2 hectares, consists of a detached dwelling, associated outbuildings and garden area. It is proposed to demolish this dwelling and outbuildings as part of the future development. The site is bounded to the east by Ballinderry Road and a limited number of single dwellings fronting that road by an established housing area to the north; by residentially zoned lands to the west (beyond which is existing an existing housing area accessed from Lynn Road); and to the south by existing farm outbuildings and ‘one-off' dwellings that front the Ballinderry Road.

Zoning

The lands are located in an area zoned Objective ‘O-LZ1' under the Local Area Plan 2014 - 2020.

Under this zoning objective the lands are outlined 'to provide for residential development, associated services and to protect and improve residential amenity'.

Planning Permission

The subject property was granted planning permission by An Bord Pleanála (Ref: ABP-313099-22) in July 2023 for the residential development of 130 units in a mixture of houses, apartments and duplex units. The mix is 94 houses plus 36 duplexes and apartments.

The planning permission has been led Stephen Ward Town Planning and Development Consultants. The engineering has been led by SDS Design Engineers.

Services

All interested parties must satisfy themselves with the availability and adequacy of all services.

Title

We are advised that that property is held Freehold. Full details on title can be made available by the Solicitors. The subject lands are contained within folios WH24827F & WH18145.

Further Information and Viewings

Viewings are to be arranged strictly by appointment through the agents.

All relevant planning information and engineering detail can be obtained from our data room which is available on request.

Directions

Eircode: N91 D8W7

Solicitors

Keith Doyle
BHSM LLP
76 Baggot Street Lower
Dublin 2
D02 EK81
T: +353 (0)1 440 8300

Selling Agents

Will Coonan
Coonan Property
T: +353 (0)1 628 6128
E: willc@coonan.com