SUPERB DEVELOPMENT OPPORTUNITY

C.7.24 ACRES

SOUTH DOUGLAS ROAD

For Sale by Licence – Subject to Planning Permission On the instruction of Johnson & Perrott Motor Group - Existing Business Unaffected Proposals Due Date Thursday 13th December 2018 (Unless Previously Sold) SOUTH DOUGLAS ROAD CORK

THE OPPORTUNITY

Sole selling agent Savills is delighted to offer this superb development opportunity in a high profile location just off the South Douglas Road. The property comprises a c.7.24 acre greenfield site superbly located within close proximity of both Cork City centre and Douglas Village. The opportunity now SALE exists to develop one of the last remaining greenfield development sites on the South Douglas Road by HIGHLIGHTS licence agreement.

Prime high profile site just off the South Douglas Road Site extends to approximately 2.93 hectares (7.241 acres) Majority of the site zoned “Residential, Local Services & Institutional Uses” Within close proximity of Cork City centre & Douglas Village

Potential to develop a high quality CITY HALL residential scheme (SPP)

THE ELYSIAN

DOUGLAS VILLAGE SHOPPING CENTRE

1 DEVELOPMENT LAND FOR SALE SOUTH DOUGLAS ROAD CORK FAIRHILL

ST LUKE’S LOCATION N20

Kent Station Cork N8 The subject property is located along the EMPLOYMENT BASE South Douglas Road approx. 750 meters Pairc Ui north west of Douglas Village and approx. R847 N8 R I V E R L E E Chaoimh Cork offers opportunities across a diverse 2.5kms south east of Cork City centre. ARD St Patrick's range of industries and the area continues The surrounding area is predominantly SIONNACH Street to attract interest from multinational residential in character with mature companies around the globe. World ICT CORK estate type developments including FITZGERALD'S CITY CENTRE leaders such as Dell EMC, VM Ware, Tramore Lawn and Rathmore Lawn PARK Analog Devices, Intel, Amazon, Facebook bounding the site on the east and west and Apple are based in Cork. Cork also BLACKROAD RD of the site. Johnson & Perrott Douglas South In rmary Victoria has a strong Life Sciences sector that University Hospital bounds the site to the north east while N22 University features Johnson & Johnson, GSK, Pfizer, College Cork BEAUMONT Douglas Community College, Centra, Janssen Biologics and Eli Lilly. R852 Christ King Girls Secondary Scholl and R851 St. Finbarr’s Hospital are all located along S A I N T P A T R I C K 'S R D CONNECTIVITY South Douglas Road. By Air R608 N27 The location offers excellent access to St. Finbarr's Cork International Airport served CORK Hospital 2.3m passengers in 2017 and and from the city centre and Douglas LOUGH offers 9 flights daily to London as Village while also within close proximity R849 R610 well as regular daily flights to hub to both the N40 & N28 which connects Mahon Cork University airports such as Amsterdam, Paris, the property to the Tunnel & Hospital Golf Course Heathrow and Manchester. Carrigaline/Ringaskiddy respectively. S O U T H D O U G L A S R D DEVELOPMENT OPPORTUNITY By Rail DISTANCE FROM PROPERTY Douglas Lawn IRISH Tennis Club Kent train station offers an hourly INDEPENDENT 6km PARK service to Patrick Street...... R641 DOUGLAS POULADUFF RD 5km Local Public Transport RIVER Mahon Point Shopping Centre ...... K I N S A L E R D Douglas Village DEANROCK Shopping Centre Kent railway station ...... 4km The subject site is located on bus routes N28 6.5km 206, 219 & 223 providing ease of access Cork Airport ...... N40 N40 to Cork Institute of Technology, the city & M8 ...... 8km centre, Douglas village & Mahon Point. ...... 6km BLACKASH 2.5km Irish Independent Park ...... N N71 4km Pairc Ui Chaoimh...... W E Douglas Lawn Tennis Club...... 1.2km Douglas S Cork Airport Golf Club Douglas Golf Club...... 2.5km

ALBERT QUAY OPERA THE HOTEL CORK

2 3 DEVELOPMENT LAND FOR SALE SOUTH DOUGLAS ROAD CORK

SOUTH CITY THE NAVIGATION CORK CITY SOUTH JOHNSON & PERROT PAIRC UI DOUGLAS ROAD CENTRE ELYSIAN SQUARE DOCKLANDS MOTOR GROUP CHAOIMH

DESCRIPTION

THE LAND

The subject property comprises mainly of an undeveloped greenfield site extending to approximately 2.93 hectares (7.241 acres) in total. The site is largely irregular in configuration and is generally flat throughout. The site has the benefit of considerable frontage (approx. 150 meters) to the South Douglas Road while mature trees and hedgerows along the boundaries provide for a mature and secluded setting.

BALLINCURRIG VILLA

Ballincurrig Villa comprises a three bay single storey bungalow that extends to approximately 3,000 sq, ft. The dwelling, which is currently unoccupied, is listed on the National Inventory of Architectural Heritage and will be accessed from the South Douglas Road as part of any proposed scheme.

BALLINCURRIG VILLA

4 5 DEVELOPMENT LAND FOR SALE SOUTH DOUGLAS ROAD CORK

ZONING APPROXIMATELY 2.93 HECTARES

Under the Cork City Development Plan (7.241 ACRES) IN TOTAL. 2015 – 2021 the land is zoned as follows; ‘Residential, Local Services & Institutional Uses’ - Objective of which is to provide for residential development and associated uses. D O U G L A SR D SE1 ‘Landscape Preservation Zone’ - Objective to preserve and enhance the special landscape and visual character of landscape preservation zones.

10.75m Buffer Zone

RATHMORE LAWN

Build To Rent schemes now qualify for assessment by planning authorities NEW and are subject to various different standards on the basis that they are owned and operated by an institutional entity for at least 15 years with a APARTMENT commitment not to sell or rent units separately during this period.

DESIGN Build to Sell Build to Rent

STANDARDS Car Parking Significantly reduced Significantly reduced requirement in urban areas requirement in urban areas within close proximity within close proximity In March of 2018 the Department of to public transport to public transport Housing, Planning and Local Government published new Guidelines for Planning Bike Spaces 1 space per bed & 1 visitor space 1 space per bed & 1 visitor space Authorities on design standards for per 2 units per 2 units new apartments as a response to the changing demographics as well as being Apts per Core Max 12 per core No restriction a measure to reduce the cost of delivery and improve viability. TRAMORE LAWN Unit Mix Scheme may include up to No restriction on unit mix S O U T H D O U G L A S R O A D 50% one bed or studio units The minimum floor areas has been (with no more than 20 – amended as follows; 20% being studios)

Unit Type Min. Floor Area Min Floor Areas Majority of units required No requirement for majority Studio 37 sqm to be 10% larger than min of units to be 10% larger floor area guide than min requirements 1 Bed 45 sqm

2 Bed (3 Person) 63 sqm Dual Aspect Dual aspect reduced to Dual aspect reduced to 2 Bed (4 Person) 73 sqm 33% on schemes close 33% on schemes close to to public transport public transport 3 Bed 90 sqm

6 7 DEVELOPMENT LAND FOR SALE

METHOD OF SALE SELLING AGENTS

The property is being offered for 11 South Mall sale by Licence Agreement with Cork bids/proposals invited by Thursday 021 427 1371 13th December 2018 (unless www.savills.ie previously sold). PSRA No. 002233

TITLE CONTACT Peter O’Meara Freehold +353 21 4906114 PRICE +353 87 2361181 [email protected] On Application James O’Donovan FURTHER INFORMATION +353 21 4906120 +353 83 1015715 Interested parties will, at the [email protected] vendors discretion, be provided with access to a dedicated Data SOLICITOR Room. The Data Room contains comprehensive information including Ray Shanahan site map, planning report, title Jw O’Donovan Solicitors information, the contract for sale 53 South Mall & details of the bidding process. Cork

Disclaimer: The agents and the Vendor/Lessor give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers, Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them. Neither Savills nor any of their employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither Savills nor any of their employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/lessees or any third party arising from the particulars or information contained in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction. 8