Savills have been instructed to place a superb land holding of 21 hectares (52 acres) in Portmarnock on the open market for sale on behalf of their client.
Situated close to both the Clongriffin and Portmarnock DART stops, the 52 acres are excellently positioned on Mayne Road. Situated next to Gannon Homes' Clongriffin, the lands have extensive dual road frontage especially onto Mayne Road (R123) which links the Coast Road/ Portmarnock Road and Malahide Road.
The lands are currently zoned GB in the Fingal County Development Plan and are currently set out for agricultural use. The lands are also subject to a road proposal which would open-up the lands in the future and effectively link the upgraded Hole in the Wall Road with Drumnigh Road (to Portmarnock).
Jonathan Preston, Head of Development with Savills states that these lands provide an excellent opportunity to purchase a large holding close to Portmarnock Village, Balgriffin and Clongriffin with immediate agricultural income potential for the short - medium term. The lands may not be currenty zoned for mainstream development however given the road proposals and precedent of surrounding development, this may possibly change at some stage in the future. We would expect good interest to be shown on this basis.
Savills are guiding a very reasonable price of €1.2 million for these lands equating to a reasonable rate per acre for good quality land in such a location.