112 Acre Land Holding Up for Auction as Agri-Land Sales Look Robust. Growing trend to buy farming lands at excellent value with zoning or planning potential
A large land holding suitable for agricultural uses and with the benefit of planning permission is to be brought to the market for Sale by Auction by Savills Development & Land Team. The property experts say that this is an excellent opportunity to purchase a large land holding on the edge of Wicklow town, for immediate agriculture and future development. AMV of €800,000.
According to Jonathan Preston, Head of Savills Development & Land Division, “Agricultural land has been selling well over the past year with good interest shown regionally for lands which are also zoned for development. We have seen a trend emerge whereby farmers are also offering to buy back lands which they would have sold in the days of the Celtic Tiger. These lands obvious suitability today is to farming for tillage or grazing with the added benefit of being part zoned with a live planning permission which is valid until 2016. The views from the lands across Wicklow Bay are stunning”.
Savills say that the fact this land is going for auction is a testament to the demand that exists in the market.
The subject lands are located on the south side of Ballyguile Road, approximately 1 km to the south west of Wicklow Town, immediately outside to the west of and adjoining the Wicklow Urban District Council boundary. It is also just to the east of the Leg of Mutton junction.
Situated at Ballyguile Hill, the lands enjoy outstanding views overlooking Wicklow Bay and Mountains. They are located just 1 km to the south west of Wicklow Town and just to the east of the Leg of Mutton junction.
The lands are bounded to the south by agricultural lands in tillage, to the east by residential development, to the north by Ballyguile Road with the Rose Hill Estate beyond and by agricultural grazing land to west. The main access to the lands is from Ballyguile Road, onto which the lands enjoy very good road frontage.
Under the Wicklow Environs/ Rathnew LAP, the majority of the lands are located in Action Area 7. This designates part of the lands for Residential with a majority zoned Open Space and section also unzoned. The Plan also includes an objective for the future development of a relief/ link road to run across the lands, which has never been developed to date. Planning permission also exists on part for the development of 156 residential units and a crèche. Wicklow County Council granted an extension of duration of this permission for a further period of 5 years in 2011.
FOR SALE BY AUCTION – 22nd NOVEMBER AT GRAND HOTEL, WICKLOW TOWN (unless previously sold)