for sale… · portion for the private rented sector (prs). alternatively a purchaser may also...
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RESIDENTIAL DEVELOPMENT LAND
Instinctive Excellence in Property.
For Sale
Knocknagoney Road
Belfast
BT4 2PS
PARKLANDS Full planning permission for 104 Apartments
An Exceptional Residential Development Opportunity
Site Area c. 3.27 Acres
RESIDENTIAL DEVELOPMENT LAND
Location
The site is prominently located in East Belfast approximately 4 miles from the city centre
and 2 miles from Holywood. The immediate vicinity comprises a mix of housing,
Knocknagoney Park and Tesco Extra located opposite.
Due to its location the opportunity benefits from excellent transport links via the main
Sydenham By-Pass (A2) and the Outer Ring (A55). Additionally the area benefits from a
wide range of local amenities and leisure facilities nearby to include Holywood Golf
Club, Redburn Country Park, Shorts Sports and Recreation Club, Holywood Exchange
Retail Park and IKEA.
Description
The opportunity comprises a regular shaped site extending c. 3.27 acres with a block
of 45 no. derelict apartments to be cleared for future development. The site benefits
from excellent access of the Knocknagoney Road and has extensive frontage of c. 515
ft to the main Holywood Road.
Note: Some enabling works have already been undertaken by the vendor.
Planning
The site benefits from full planning permission for the demolition of the existing buildings
and construction of 104 no. apartments in 3 no blocks (9 storeys) under Planning
Reference: LA04/2017/0043/F granted on 9th January 2018. The scheme comprises
the following: -
18 no. 1 Bed Apartments
83 no. 2 Bed Apartments
3 no. 3 Bed Apartments
A detailed architectural pack including schedule of accommodation can be provided to
interested parties.
NB: Our client has lodged a revised planning application (LA04/2019/0025/F) for a
scheme to provide a total of 90 units comprising 9 no. studios, 39 no. 1 bed, 36 no.
2 bed and 6 no. 3 bed apartments (subject to planning). Further details can be
provided to interested parties.
Opportunity
The ready to go residential scheme provides the purchaser with an attractive return on
their investment and the opportunity to retail all or part of the scheme or to hold a
portion for the Private Rented Sector (PRS).
Alternatively a purchaser may also consider the opportunity to introduce a commercial/
leisure use to part of the site (ie. Hotel, Office etc. subject to the necessary statutory
approvals).
For Sale
PARKLANDS Full Planning Permission for 104 Apartments.
Site Area c. 3.27 Acres
Knocknagoney Road Belfast BT4 2PS
www.osborneking.com
Site Outline
Rear Aspect
FOR INDICATIVE PURPOSES ONLY
Site Area
The site extends to approximately 3.27 acres (1.32 hectares).
VAT
All prices quoted are exclusive of but may be liable to VAT.
Price
£3 million exclusive.
FOR INDICATIVE PURPOSES ONLY
Block B Ground Floor Layout
Instinctive Excellence in Property.
MISREPRESENTATION ACT 1967
The premises are offered subject to contract, availability and confirmation of details. The particulars do not form part of any contract and whilst believed to be correct, no responsibility can be accepted for any errors. None of the statements contained in the particulars are to be relied upon as statements of fact any attending purchasers or lessees must satisfy themselves by inspection or otherwise as to the correctness of those statements. The vendors or lessors do not make or give Osborne King and Megran Limited or any person in its employment, any authority to make or give any representation or warranty whatsoever in relation to this property. Unless otherwise stated, all prices and rentals quoted are exclusive of any Value Added Tax to which they may be subject. These particulars are issued on the understanding that all negotiations are conducted through this company. Osborne King & Megran Limited. Registered in Northern Ireland No. 27969. Registered Office: The Metro Building, 6-9 Donegall Square South, Belfast, BT1 5JA. Any maps / Plans based on the Ordnance Survey Map with the sanction of the controller of H.M. Stationery Office Crown Copyright Reserved Licence No. CS 369. This plan is for convenience only. Its accuracy is not guaranteed and shall not be deemed to form part of any contract. Reproduced with the consent of Goad Cartographers Ltd, Old Hatfield.
Location Maps
DAVID McCLURE
T: 02890 270013 M: 07740 393756 [email protected]
Osborne King
The Metro Building
6-9 Donegall Square South
Belfast
BT1 5JA
T: 028 9027 0000
F: 028 9027 0011
@OsborneKingNI
FOR INDICATIVE PURPOSES ONLY
FOR INDICATIVE PURPOSES ONLY