This superbly located c.5.35 Acre Residential Development Site is perfectly laid out due to recent site assembly around the curtilage of the site, is predominantly level topographically and is now generally rectangular & square in shape with well-defined boundaries therefore optimising internal development layout with no land waste and also enjoys extensive road frontage onto the "Red Barns Road", one of Dundalk's most sought after residential addresses with a proven and consistently strong sales record. Although located in an urban area, the site enjoys an element of a rural setting enjoying uninterrupted views of the Mourne mountains as the lands directly opposite are all in agricultural use due to their restrictive development zoning which only permits for "Strategic leisure".
Size: 5.35 Acres
BER code: Exempt
The existing residential developments in the immediate area have been fully completed for many years and provide for a variety of house types. Due to the planning objectives for residential schemes at that time, each individual estate is generally in private ownership as in the main were purchased for owner occupation and therefore developments on the Red Barn's road exhibit pride of ownership with well-maintained common areas and generally well kept mature landscaped gardens further bolstering demand for all house types within this area. Whilst a relatively private and quiet location the site is in very close proximity to Dundalk's Inner relief road providing direct ease of access to the Town Center, the M1 Motorway, Dundalk Retail Park, The IDA Business Park, Xerox Business & Technology Park and Dundalk Institute of Technology. The Red Barns road is supported by superb road, pedestrian and cycling infrastructure and Taking the coast road, the very popular coastal village of Blackrock can also be reached within a few minutes' drive or a leisurely walk.
ZONING & DEVELOPMENT POTENTIAL
Under the governing "Dundalk and Environs Development Plan 2009 - 2015", which we are advised has subsequently been extended to 2021, these prime lands are zoned "Residential 1" with all mains services located in the immediate area. Having regard to the relevant planning authority's objectives under the aforementioned zoning, this private sale offers obvious and an exceptional development opportunity. The subject property is the last remaining site zoned for residential development on the Red Barns road offering any astute developer the opportunity to maximise on developer's profit due to the lack of competition to satisfy an unprecedented demand for new homes, from starter homes through to larger family dwellings. Lack of competition also affords the developer an element of additional flexibility on pricing.