€4.75m paid for 15 West Cork acres, as one-acre Cork city site seeks €4.5m

Big sale: 15 acres with planning for 92 homes plus planning sought for an additional 20 has fetched €4.75 million via Hodnett Forde, paid by a Dublin-based developer who will engage a local builder to deliver the units
It’s located just west of The Miles where some 100 other homes have been completed in a development now with a third phase concluding; also nearby is the 99-home scheme An Sruthan Beag on 14 acres.

Mr Donoghue said there had been extensive local interest in the land sale until the figure reached close to the final selling sum of €4.75m. “I drove the roads of Ireland to find a developer at that level outside of West Cork,” he said.

: Hodnett Forde 023 8833367
A former warehouse site on a one-acre plot in Cork City has also been brought to market this week with a guide price of €4.5m.
The one-acre site at St Patrick’s Quay was previously controlled by developer Paul Kenny, who secured approval in the early to mid-2000s for a 130,000 sq ft office scheme intended to relocate the Revenue Commissioners from their historic premises on Sullivan’s Quay.

It’s now for sale via receivers Kroll, acting for a fund, and agents CBRE who say it may suit hotel or residential uses. It “presents a rare opportunity for developers and investors to acquire a strategically located site in the heart of Cork City.
