30.75 Acre Development Site in Limerick City
A major mixed use development site on the edge of Limerick City is being brought to the market by development land consultant Cian McMorrow of Bannon. The site is located close to the Dock Road/M7 Interchange, 4 kms south-west of Limerick City centre. The site comprises a greenfield development site of 30.75 acres which is zoned for Residential, Enterprise and Employment and Industrial development under the Limerick County Council Southern Environs Local Area Plan 2011 – 2017.
The 30.75 acre development site adjoins Castlemungret Industrial Estate and Templemungret House occupied by the OPW. There are 8.86 acres zoned “Residential Development Area” which adjoin a new residential development to the south known as Sli na Manach, where construction is ongoing. Three bed semi-detached houses in that development are currently selling for €250,000. The prominent site boasts extensive frontage of 450 metres onto the R510 (Dock Road roundabout to Quinns Cross).
According to Cian McMorrow of Bannon, “We are expecting significant interest in this site. The demand for residential development land has spread well beyond Dublin and there are well-funded parties now seeking development sites in other cities such as Limerick. Demand for new residential units is exceeding supply in parts of Limerick City”.
