Savills | 6.3 ha (15.57 ac), of Residential Development Land with F.P.P, Lands at Coolcots Lane, Coolcots, Co.Wexford | Property for sale
Guide price €4,710,000

6.3 ha (15.57 ac), of Residential Development Land with F.P.PLands at Coolcots Lane, Coolcots, Co.Wexford

  • Joint Sole Agent
  • Freehold

Key features

  • High-profile development site, strategically located in Wexford Town
  • The lands are strategically located within an established residential location
  • Ready to go site with F.P.P for 155 housing units
  • The planning includes a mix of 2, 3, and 4 bed houses
  • The ever-growing popularity of Wexford Town is driven by Rosslare Harbour

Residential Development Opportunity with F.P.P for 155 Houses

About this property

  • The land comprises a greenfield site extending to c. 6.3 hectares / 15.57 acres. It has the benefit of Full Planning Permission for 155 houses. The site is regular in shape with a level topography and benefits from extensive frontage onto the public road. The planning permission is laid out in two phases with a grant of permission for 71 residential units in Phase I and a further 84 residential units in Phase II. We understand all services are adjacent. This grant of planning equates to 10 residential units per acre, which in the current planning environment comprises a low-density development. Perhaps this is one of the last ‘ready to go’ development sites in this locality with a low-density planning permission – certainly an attractive proposition for builders and developers.

Local information

  • The subject lands are located at Coolcots, adjacent to Wexford Racecourse and within walking distance of all town centre amenities. Wexford is a thriving provincial town with a population of circa 20,000 people. The site benefits from excellent accessibility being strategically positioned close to the N25/N11 Dublin Road and only 10 minutes driving distance from the M11 Motorway Connection at Oilgate. Wexford is approximately 1.5 hours drive from Dublin.
  • The surrounding areas are primarily residential in nature and the site is within easy walking distance of Scoil Mhuire Primary School, Wexford General Hospital, Wexford County Council Offices, The Department of Environment Offices, etc. Wexford Town Centre boasts a thriving retail centre with an unique combination of national, multi-national and indigenous retailers. With the recent improvements in the Roads Network and the new M11 Motorway Connection, it brings this area of the South-East even more accessible to Dublin.

Additional information

  • Wexford is a most attractive place to live, work and raise your family. There are an extensive range of amenities and given its coastal location there are a host of ‘Blue-Flag’ sandy beaches on your doorstep. Davy has projected Irish economic growth for 10% in 2020. It is expected housing inflation will jump to 8% or more nationally from 2.2% last year. In August 2021 the Irish Times reported “the contraction in early 2021 was shallower than we feared, and a clear rapid bounce-back has taken place in the third quarter as Ireland’s successful Covid-19 Vaccination Programme has allowed business restrictions to be lifted, with further easing to come in the second half of the year”.