FOR SALE Contact Sean Coyne Lands at Garraun, Coast Road, Email: [email protected] Tel: 091 569181 Oranmore, Co. Galway Patricia Staunton Email: [email protected] Tel: 091 569181
Development Land 11.52 hectares (28.47 acres)
Property Highlights Contact • Prime development land situated on the Coast Road Sean Coyne approximately 1km from Oranmore town centre Email: [email protected] • Lands extend to a total of 11.52 hectares (28.47 acres) Tel: 091 569181 immediately adjacent to Oranmore rail station Patricia Staunton • 3.11 hectares (7.68 acres) zoned “Residential (Phase 1)” Email: [email protected] Cushman & Wakefield • 5.51 hectares (13.62 acres) zoned “Strategic Reserve” Tel: 091 569181 2 Dockgate, • 0.87 hectares (2.15 acres) zoned “Community Facilities” Dock Road, Galway Cushman & Wakefield Ireland • 2.03 hectares (5.02 acres) zoned “Agricultural” 2 Dockgate, Dock Road, Tel: 091-569181 Galway Email: [email protected] Ireland cushmanwakefield.ie Tel: 091-569181
Conditions to be noted: A full copy of our general brochure conditions can be viewed on our website at http://www.sherryfitz.ie/terms or can be requested from your local Cushman & Wakefield office. We strongly recommend that you familiarise yourself with these general conditions. PSRA Registration Number: 002222. cushmanwakefield.ie Lands at Garraun, Coast Road, Oranmore, Co. Galway Title BER details We understand that the property is held freehold Exempt
Zoning Residential Market Planning policy for the area is contained within the During the opening six months of 2018, the Oranmore Local Area Plan 2012 to 2022. Sherry FitzGerald second-hand house price index, estimated prices rose by 3.3%. This compares to The lands have a number of zoning objective as 4.4% recorded in the same period in 2017. follows: Price increases were prevalent throughout the 3.11 hectares (7.68 acres) zoned “R - Residential country in the opening half of the year. In Dublin, (Phase 1) – To promote the development of suitable the average value increased by 3.3% in the year sustainable residential communities. to June, compared to 4.7% recorded for the same 0.87 hectares (2.15 acres) is zoned CF “Community period in 2017. When Dublin is excluded from the Facilities” – To promote the development of national figure, the rest of Ireland witnessed growth community facilities and other complementary of 3.1% over the first two quarters, compared to uses, as appropriate. growth of 4.1% the year previous. 2.03 hectares (5.02 acres) is currently zoned A Galway experienced the strongest price growth of ”Agriculture” – To protect the rural character of the any of the regional centres’ with growth of 4.8% in area from inappropriate development and provide the opening six months of the year. for agricultural and appropriate non-urban uses. Source: Sherry FitzGerald Research 5.51 hectares (13.62 acres) is zoned SR “Strategic Reserve Area” – To protect and safeguard the lands designated as a Strategic Reserve Area from any development that would prejudice their potential as the land reserve for the future strategic growth of Oranmore, including single housing development.
The Location From a zoning point of view the lands can be broken up as follows: The subject property is located in the thriving town of Oranmore approximately 9km east side 3.11 hectares (7.68 acres) zoned “Residential of Galway City. Oranmore enjoys a prime position (Phase 1)” due to its excellent infrastructure, the town is 5.51 hectares (13.62 acres) zoned “Strategic located at the junction of the M6 Galway to Reserve” Dublin motorway and the M17/18 Limerick to Tuam motorway. The town is also served by rail and bus 0.87 hectares (2.15 acres) zoned “Community services, this accessibility to all areas has seen the Facilities” town expand extensively to become a recognised 2.03 hectares (5.02 acres) zoned “Agricultural” suburb of Galway City. The lands are located approximately 1km west of Oranmore town centre on the Coast Road. The lands are situated between the Coast Road and the railway line. The lands are adjacent to Oranmore railway station and the surrounding area is primarily a mix of residential developments including Costa na Mara, Ocean Drive and Oakfield.
Description The subject lands extend to approximately 11.52 hectares (28.47 acres). The lands are divided into two primary parcels which occur east and west of Oranmore railway station. The lands have most recently been in use as agricultural land and comprise relatively level greenfield sites. The lands have excellent development potential, both in the immediate term and the longer term.