Savills | Convent Road, Blackrock, Cork City, Co Cork | Property for sale
3.26 Ac(1.32 Ha)
Price on application

Convent Road, BlackrockCork City, Co Cork

  • Under offer
  • Sole agency

Key features

  • Site area extends to 1.32 hectares (3.26 acres).
  • Nett developable area extends to 1.21 hectares (3 acres).
  • Existing property extends to a total floor area of 824 sq.m (8,870 sq.ft.)
  • The convent comprises 16 bedrooms with 15 being en-suite.
  • The site is zoned “Residential, Local Services and Institutional Uses”.
  • Property is being offered with vacant possession.
  • Potential to generate short term income while obtaining planning permission.
  • Unrestricted by the Rent Pressure Zone Legislation.
  • Situated in the heart of Blackrock village.
  • Just 2kms from Pairc Ui Chaoimh & the Marina Park (currently under development).

Savills is delighted to offer for sale this superb development opportunity located in Blackrock, one of Cork's most sought after residential addresses.

About this property

  • The property comprises a 3.26 acre site that occupiers a dormer style convent which includes 16 bedrooms, 15 with en-suites, a communal kitchen and dining area as well as a community room, laundry room, office space and mature landscaped gardens. The property is superbly located in the heart of Blackrock village and within close proximity of the city centre.

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Superbly located in the heart of Blackrock Village and within close proximity of the city centre.

Peter O'MearaProperty agent

Local information

  • Blackrock is a mature and highly sought after residential area situated just 5kms east of Cork City Centre. The area offers many attractions including Blackrock Marina which hosts a weekly market, Blackrock Pier, Blackrock Castle Observatory and the popular Old Railway Station Greenway. Pairc Ui Chaoimh, home to Cork GAA and the venue for many open air concerts is within a 15 minute walk while the bustling Marina Market is located on Centre Park Road less than 3km from the subject property.
  • Properties in Blackrock regularly achieve strong sales and rental values due to strong demand from a range of buyers in the market to include those trading up/down, investors seeking strong rental returns and those working in the city centre. The sales values achieved in the area is evidenced by the sales of the apartments in the adjacent Blackrock House. This underwent major redevelopment in 2017 and all 27 apartments achieved values from €300,000 - €800,000.

Additional information

  • The Property - the property consists of a private walled in site extending to approx. 1.32 hectares (3.26 acres) with a southerly aspect within walking distance of Blackrock Marina & Pier. The site occupies a part single storey part two storey convent that extends to approx. 824 sq m (8,870 sq ft) and comprises of 16 bedrooms, 15 with en-suites, a communal kitchen and dining area, a community room, laundry room, office space, ample parking facilities and mature landscaped gardens.
  • The site itself is tremendously level throughout and is currently accessed off Convent Road. Mature trees and a significant stone wall along the northern and eastern boundaries provides the the upmost of privacy and will assist in creating a secluded and exclusive setting in any future development. The site sits between the high end re-development Blackrock House & Gardens and Blackrock Mews, a popular development of apartments, duplexes and townhouses.
  • Development Potential - In the Cork City Development Plan 2015 - 2021 the site is located on lands zoned Residential, Local Services and Institutional Uses which seeks to protect and provide for residential uses, local services, institutional uses and civic uses.
  • Cork City Development Plan 2022-2028 - Cork City Council is in the process of preparing the draft Cork City Development Plan 2022, which was issued for consultation on 26th July, 2021 and is due to be adopted in Mid 2022. The site is proposed to be zoned Sustainable Residential Neighbourhoods, reflecting the fact that it is in an existing residential location.
  • Density - The city development plan supports a density of 80 units/ha however precedent has been set with the approval of 274 residential units nearby which equates to a density of 260 units/ha. A similar density on the subject site would equate to a total of 315 units.
  • Title - Freehold.