Louth land with planning in place for up to 72 new homes seeking €2.25m

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Louth land with planning in place for up to 72 new homes seeking €2.25m
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A site of close to six acres in Dublin’s commuter belt with two separate planning permissions for 50 and 72 homes is on the market at €2.25m

Developers involved in the delivery of housing in Dublin’s commuter-belt counties will be interested in the opportunity presented by the sale of 5.77-acre land holding on the outskirts of Castlebellingham, Co Louth. The subject property, which comes with two separate planning permissions in place for the delivery of 50 or 72 residential units, respectively, is being offered to the market by agent CBRE at a guide price of €2.25 million.

The original grant of planning comprises 50 residential units, encompassing a mix of terraced, semidetached, and detached two-, three- and four-bedroom houses ranging in size from 86.5sq m to 137.5sq m . Subsequently, a further grant of planning was permitted on the lands that allows for the replacement of 18 two-storey semidetached and terraced houses with 40 two- and three-bedroom duplexes ranging in size from 73.7sq m to 137.5sq m .

The site is just north of Castlebellingham village, with frontage on to Dundalk Road. The lands are greenfield in nature, have a uniform rectangular shape and generally flat topography. The property is north of Drogheda and Dunleer, east of Ardee and Tallanstown and south of Dundalk. Castlebellingham is 75km from St Stephen’s Green in Dublin city centre, 72km from Dublin Port, 62km from Dublin Airport and 98km from Belfast city centre. Dublin and Belfast are easily accessible via car and bus using the M1 and N1 motorways.

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