Discover the exceptional opportunity of acquiring development land in Castlegar, Galway, a prime location that promises growth and prosperity. This expansive parcel of land extends over 7.5 acres, offering a unique chance for developers and investors to tap into the thriving Galway property market. With zoning for high-density residential units, this site is poised to accommodate a significant housing project, ensuring a lucrative venture for the right buyer.
This prime development land, located in Coolagh, Castlegar, is available for sale by private treaty through APP Kirrane Auctioneering. The land boasts an overall floor area of 7.5 acres (circa 3.031 hectares) and is strategically laid out in three fields, ready for development. Zoned as High Density Residential, it falls under both the City Development Plan and the Ardaun Local Area Plan, allowing for the construction of at least fifty units per hectare. This zoning is complemented by adjacent land designated for amenity facilities, including playing pitches, playgrounds, and parkland, alongside provisions for schools, community centres, and cultural hubs.
Amenities and Surroundings
The location of this land is one of its most significant advantages. It sits adjacent to major business parks such as Briarhill Shopping Centre, Briarhill Business Park, and City East and West Business Parks, which host renowned companies like Medtronic, Boston Scientific, and Creganna. This proximity ensures a readily available market for future housing developments, with potential residents having the convenience of walking or cycling to work, reducing the need for lengthy commutes.
In terms of education, Briarhill National School is just one kilometre away, with a new secondary school two kilometres from the site. The area is rich with recreational opportunities, from the famed Ballybrit Racecourse to leisure centres, golf clubs, and sporting facilities, including Castlegar GAA Club and Mervue United Soccer Club. The beach at Ballyloughane is within a short three-kilometre distance, offering a perfect escape for sun and sea lovers.
Investment Potential
This development site represents a golden opportunity for developers and investment funds to secure a foothold in the Ardaun Corridor. As a region designated for ongoing development, the potential for growth and expansion is considerable. The guide price is set at €1.2 million, reflecting the land’s immense potential and strategic location. The purchaser will benefit not only from the land’s immediate development prospects but also from the opportunity to expand their presence in a burgeoning area.
Seller Details and Contact Information
This property is listed with Kirrane Auctioneering. For further information or to schedule an appointment to view the property, please contact Gerry Conway at APP Kirrane Auctioneering, 16b Sandyford Business Centre, Bohermore, Galway. You can reach him by phone at 089 2548533 or via email at [email protected].
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