S O U T H D O U G L A S

R O A D

S U P E R B D E V E L O P M E N T O P P O R T U N I T Y

C . 7 . 2 4 A C R E S

For Sale by Licence – Subject to Planning Permission

On the instruction of Johnson & Perrott Motor Group - Existing Business Unaffected

Proposals Due Date Thursday 13th December 2018 (Unless Previously Sold)

C O R K

Prime high profile site just off the South Douglas Road

Site extends to approximately 2.93 hectares (7.241 acres)

Majority of the site zoned “Residential, Local Services & Institutional Uses”

Within close proximity of Cork City centre & Douglas Village

Potential to develop a high quality residential scheme (SPP)

S O U T H D O U G L A S R O A D C O R K

SALE HIGHLIGHTS

THE OPPORTUNITYSole selling agent Savills is delighted to offer this superb development opportunity in a high profile location just off the South Douglas Road.The property comprises a c.7.24 acre greenfield site superbly located within close proximity of both Cork City centre and Douglas Village. The opportunity now exists to develop one of the last remaining greenfield development sites on the South Douglas Road by licence agreement.

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THE ELYSIAN

CRAWFORD ART GALLERYDOUGLAS VILLAGE SHOPPING CENTRE

CITY HALL

EMPLOYMENT BASE

Cork offers opportunities across a diverse range of industries and the area continues to attract interest from multinational companies around the globe. World ICT leaders such as Dell EMC, VM Ware, Analog Devices, Intel, Amazon, Facebook and Apple are based in Cork. Cork also has a strong Life Sciences sector that features Johnson & Johnson, GSK, Pfizer, Janssen Biologics and Eli Lilly.

CONNECTIVITY

By Air Cork International Airport served 2.3m passengers in 2017 and offers 9 flights daily to London as well as regular daily flights to hub airports such as Amsterdam, Paris, Heathrow and Manchester.

By Rail Kent train station offers an hourly service to Dublin

Local Public TransportThe subject site is located on bus routes 206, 219 & 223 providing ease of access to Cork Institute of Technology, the city centre, Douglas village & Mahon Point.

D E V E L O P M E N T L A N D F O R S A L E

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S O U T H D O U G L A S R O A D C O R K

The subject property is located along the South Douglas Road approx. 750 meters north west of Douglas Village and approx. 2.5kms south east of Cork City centre. The surrounding area is predominantly residential in character with mature estate type developments including Tramore Lawn and Rathmore Lawn bounding the site on the east and west of the site. Johnson & Perrott Douglas bounds the site to the north east while Douglas Community College, Centra, Christ King Girls Secondary Scholl and St. Finbarr’s Hospital are all located along South Douglas Road.

The location offers excellent access to and from the city centre and Douglas Village while also within close proximity to both the N40 & N28 which connects the property to the Jack Lynch Tunnel & Carrigaline/Ringaskiddy respectively.

LOCATION

R851R852

R610R849

R608

R847

Kent Station Cork

N 2 2

N 2 0

N 8

N 2 7

N 4 0N 4 0

N 2 8

R 6 41

N 7 1

N 8

S A I N T P A T R I C K ' S R D

PO

UL

AD

UF

F R

D

KI N

SA

LE

RD

S O U T H D O U G L A S R D

B L A C K R O A D R D

R I V E R L E E

C O R KL O U G H

D O U G L A SR I V E R

B E A U M O N T

S T L U K E ’ S

A R DS I O N N A C H

F I T Z G E R A L D ' SP A R K

I R I S HI N D E P E N D E N T

P A R K

F A I R H I L L

B L A C K A S H

D E A N R O C K

C O R K C I T Y C E N T R E

Cork Airport

St. Finbarr's Hospital

St Patrick's Street

Mahon Golf Course

Douglas Lawn Tennis Club

Douglas Village Shopping Centre

DouglasGolf Club

University College Cork

Cork University Hospital

South In rmary Victoria University Hospital

Pairc UiChaoimh

D E V E L O P M E N T O P P O R T U N I T Y

N

S

EW

Patrick Street ..................................... 6km

Mahon Point Shopping Centre ....... 5km

Kent railway station .......................... 4km

Cork Airport ...................................... 6.5km

Jack Lynch Tunnel & M8 ..................... 8km

Cork University Hospital .................... 6km

Irish Independent Park ................... 2.5km

Pairc Ui Chaoimh .................................. 4km

Douglas Lawn Tennis Club ............. 1.2km

Douglas Golf Club ............................ 2.5km

DISTANCE FROM PROPERTY

UNIVERSITY COLLEGE CORKOPERA LANEALBERT QUAY THE RIVER LEE HOTEL ENGLISH MARKET CORK

THE LAND

The subject property comprises mainly of an undeveloped greenfield site extending to approximately 2.93 hectares (7.241 acres) in total. The site is largely irregular in configuration and is generally flat throughout. The site has the benefit of considerable frontage (approx. 150 meters) to the South Douglas Road while mature trees and hedgerows along the boundaries provide for a mature and secluded setting.

BALLINCURRIG VILLA

Ballincurrig Villa comprises a three bay single storey bungalow that extends to approximately 3,000 sq, ft. The dwelling, which is currently unoccupied, is listed on the National Inventory of Architectural Heritage and will be accessed from the South Douglas Road as part of any proposed scheme.

CITY CENTRE

SOUTH DOUGLAS ROAD

THE ELYSIAN

NAVIGATION SQUARE

CORK CITY SOUTH DOCKLANDS

JOHNSON & PERROTMOTOR GROUP

PAIRC UI CHAOIMH

DESCRIPTION

D E V E L O P M E N T L A N D F O R S A L E

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S O U T H D O U G L A S R O A D C O R K

BALLINCURRIG VILLA

1 0 . 7 5 m B u f f e r Z o n e

D O U G L A S R D

RA T H

MO

RE

L A WN

T R A MO R E L A W

N

S O U T H D O U G L A S R O A D

D E V E L O P M E N T L A N D F O R S A L E

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In March of 2018 the Department of Housing, Planning and Local Government published new Guidelines for Planning Authorities on design standards for new apartments as a response to the changing demographics as well as being a measure to reduce the cost of delivery and improve viability.

The minimum floor areas has been amended as follows;

Build To Rent schemes now qualify for assessment by planning authorities and are subject to various different standards on the basis that they are owned and operated by an institutional entity for at least 15 years with a commitment not to sell or rent units separately during this period.

Unit Type Min. Floor Area

Studio 37 sqm

1 Bed 45 sqm

2 Bed (3 Person) 63 sqm

2 Bed (4 Person) 73 sqm

3 Bed 90 sqm

Build to Sell Build to Rent

Car Parking Significantly reduced requirement in urban areas within close proximity to public transport

Significantly reduced requirement in urban areas within close proximity to public transport

Bike Spaces 1 space per bed & 1 visitor space per 2 units

1 space per bed & 1 visitor space per 2 units

Apts per Core Max 12 per core No restriction

Unit Mix Scheme may include up to 50% one bed or studio units (with no more than 20 – 20% being studios)

No restriction on unit mix

Min Floor Areas Majority of units required to be 10% larger than min floor area guide

No requirement for majority of units to be 10% larger than min requirements

Dual Aspect Dual aspect reduced to 33% on schemes close to public transport

Dual aspect reduced to 33% on schemes close to public transport

Under the Cork City Development Plan 2015 – 2021 the land is zoned as follows;

‘Residential, Local Services & Institutional Uses’ - Objective of which is to provide for residential development and associated uses.

SE1 ‘Landscape Preservation Zone’ - Objective to preserve and enhance the special landscape and visual character of landscape preservation zones.

ZONING APPROXIMATELY 2.93 HECTARES (7.241 ACRES) IN TOTAL.

NEW APARTMENT DESIGN STANDARDS

S O U T H D O U G L A S R O A D C O R K

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D E V E L O P M E N T L A N D F O R S A L E

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Disclaimer: The agents and the Vendor/Lessor give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers, Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them. Neither Savills nor any of their employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither Savills nor any of their employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/lessees or any third party arising from the particulars or information contained in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction.

METHOD OF SALE

The property is being offered for sale by Licence Agreement with bids/proposals invited by Thursday 13th December 2018 (unless previously sold).

TITLE

Freehold

PRICE

On Application

FURTHER INFORMATION

Interested parties will, at the vendors discretion, be provided with access to a dedicated Data Room. The Data Room contains comprehensive information including site map, planning report, title information, the contract for sale & details of the bidding process.

CONTACT

Peter O’Meara +353 21 4906114+353 87 2361181peter.omeara@savills.ie

James O’Donovan+353 21 4906120+353 83 1015715james.odonovan@savills.ie

SOLICITOR

Ray ShanahanJw O’Donovan Solicitors53 South MallCork

11 South MallCork021 427 1371www.savills.iePSRA No. 002233

SELLING AGENTS