Lands at Creighan, Cavan, Co. Cavan

The total property comprises a largely regular shaped site extending to approx. 7.10 hectares (17.54 acres) and is greenfield in nature. The site is available in 1 or more Lots. The site is zoned 'Proposed Residential' - "Provide for new residential development in tandem with the provision of the necessary social and physical infrastructure." under the Cavan County Development Plan 2022 - 2028. The site has the benefit of a feasibility study indicating the potential for 133 residential units on the site, which aligns with the Cavan County Development Plan 2022 - 2028 density of 22 units per hectare. Location: The subject property is strategically located along the Ballinagh Road approx. 1.2km from Cavan Town Centre. The N55, Cavan to Athlone road, provides a local link between N3, N4, N6, the route starts at the Dublin Road roundabout on the N3 Cavan bypass, approx. 1.7km from the site. The site is situated adjacent to an established and well-developed residential area south of Cavan Town, which is serviced by a wide range of social and community amenities in addition to a variety of commercial/retail facilities. The area is well connected by bus with a number of regional routes linking Cavan to larger towns and cities including Dublin, Athlone, Galway & Belfast. Zoning: The site is zoned Mixed-Use (Residential, Public Community, Amenity & Sport). Design Proposal: A successful Section 247 Consultation in November 2023 confirms the viability of the residential scheme, with a mix of houses, duplexes and apartments. The design proposal provides for dual aspect units, approx. 225 bicycle spaces and 188 car parking spaces. The Schedule of Accommodation below indicates the proposed unit mix. Title: We understand that the property is held on a freehold basis.