Property consultants Savills Ireland have officially announced the sale of the Former Nemo Rangers Site on the Douglas Road. This site along with an end of terrace dwelling is for sale by Private Treaty at a guide price of €2.85 million on the instructions of the Joint receivers, George Maloney & Bruce Alexander McKay, Baker Till Ryan Glennon.
Speaking of the sale, Peter O’Meara of Savills Cork office, “This prime Greenfield development opportunity adjacent to Cork City Centre extends to approximately 2.77 Ha (6.85 acres). The site is in one of the most sought after residential suburbs of Cork City and is one of the last remaining development sites of scale within the southern inner suburbs. Douglas Village is located approximately 1.5kms south east of the site and the city centre is only a short walking distance”.
Number 7 Eldred Terrace is included in the sale.This property is a 3 storey end of terrace Victorian property of approximately 176 sq m (1,895 sq ft). The property is laid out over 3 levels, with an attic conversion and a two storey annex to the rear.
The lands are zoned in their entirety as Residential, Local Services & Institutions under the Cork City Development Plan 2009 – 2015. There is full planning permission granted by Cork County Council and subsequently upheld by An Bord Pleanala on 5th March 2009 for a mixed residential scheme of 102 residential units.