Dock Road / Courtbrack Avenue, Limerick, Limerick City, Co Limerick | Property for sale | Savills
10.57 Ac(4.28 Ha)
Price on application

Dock Road / Courtbrack Avenue, LimerickLimerick City, Co Limerick

  • Sole agency
Development land
10.57 Ac (4.28 Ha)

Key features

  • High profile site situated along the Dock Road.
  • Strategically located at the corner of Dock Road & Courtbrack Avenue.
  • Site extends to approximately 4.277 hectares (10.57 acres).
  • Developable area extends to approximately 3.865 hectares (9.55 acres).
  • The site is zoned “Enterprise & Employment”.
  • Limerick City Centre & The Crescent Shopping Centre are in close proximity.
  • Potential to develop a high quality mixed use scheme (SPP).
  • Bid Due Date Wednesday 21 February 2024 (Unless Previously Sold).

High Profile Strategic Development Opportunity - Bid Due Date Wednesday 21 February 2024 (Unless Previously Sold).

About this property

  • Sole selling agent Savills is delighted to offer for sale this development opportunity in a high profile location just off the Dock Road. The property comprises a 4.277 hectares (10.57 acres) brownfield site superbly located within close proximity of Limerick City centre and Mary Immaculate College. The opportunity now exists to acquire one of the most high profile and strategic development sites to come to the Limerick market for some time.

Local information

  • The subject property is located north of the N18 just off the Dock Road approx. 1km south west of O’Connell Street in Limerick City centre.
  • The surrounding area is a mix of commercial, residential and educational uses with McMahon’s Builders Providers, Ashbourne Business Park and Kellihers Electrical all located to the north, Courtbrack and Ashdown Student Accommodation located to the east and south respectively while Mary Immaculate College, which has a student population of over 5,000 students is located a short distance to the south east.

Additional information

  • Description - The subject property comprises a brownfield site extending to approximately 4.277 ha (10.57 acres) at the junction of Dock Road and Courtbrack Avenue. The site is largely regular in configuration with well defined boundaries on all aspects of the site. The topography is generally flat throughout which will assist in keeping development costs at a minimum.
  • The site benefits from 2 access points off Courtbrack Avenue with works currently ongoing to remove decommissioned tanks, pipework, pipelines and all associated gantries and structures.
  • Employment Base - Limerick 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 and Analog Devices are based in Limerick while the arrival of Regeneron and Biopharma in 2014 boosted an already strong Life Sciences sector that features Johnson & Johnson, Stryker and Cook Medical.
  • Other large employers expanding in the city include KEMP Technologies and Northern Trust.
  • Zoning & Development Potential - Under the Limerick Development Plan 2022 - 2028 the land is zoned Enterprise & Employment. As outlined in the Limerick Development Plan the purpose of such zoning is to:
  • Provide for enterprise, employment and general business activities and acknowledge existing/permitted retailing uses.
  • To accommodate compatible industry and employment activities that are incapable of being situated in the City Centre.
  • New enterprise and employment developments shall be provided in high quality landscaped park style environments, incorporating a range of amenities. These zones may accommodate light industry, low input and emission manufacturing, logistics and warehousing, campus style offices and commercial services with high space and parking requirements.
  • Title - Freehold.