Opportunity

Exceptional Residential Development Opportunity

APPROX. 9.29 HA (22.95 ACRES)

For Sale by Private Treaty

Asset Summary

  • Superb large-scale land holding of approx. 9.29 Ha (22.95 Acre).
  • Situated in the popular university town of Maynooth, Co. Kildare.
  • Maynooth is also a key commuter town with excellent transport links.
  • Abundance of residential amenities and services including Carton House, Manor Mills Shopping Centre and Maynooth University.
  • The lands are located in Railpark in close proximity to Maynooth Train Station and the M4 motorway.
  • Existing strong road network to be further strengthened in Railpark with the new Maynooth Eastern Relief Road.
  • €14,500,000 allocation through the Local Infrastructure Housing Activation Fund (LIHAF) for the provision of this new road and bridge.
  • The asset forms part of lands of approx. 80 acres recently re-zoned to ‘New Residential’ with an expected supply of 800 new homes in this cluster.
Brochure

Location

The lands are located in Railpark, Maynooth, Co. Kildare. Maynooth is a vibrant university town located approx. 23 km west of Dublin city centre.

Local Infrastructure Housing Activation Fund (LIHAF)

The Department of Housing, Planning, Community and Local Government have published a list of projects which the department has selected for allocation of funding. The Maynooth Eastern Relief Road is listed as an approved LIHAF funded project with an estimated fund of €14,500,000 set for the provision of this road. It is proposed that this road will give access to the entire Railpark landholding for the provision of an estimated 800 residential units across the various holdings.

The LIHAF allocation has been specifically designated for the provision of the Maynooth Eastern Relief Road. The map below outlines the initial route options which Kildare County Council has prepared to present for public consultation. Each of the proposed options will unlock the development potential of the entire Railpark development cluster and will more specifically service the subject lands.

Landowners benefiting from the fund must contribute towards the fund by means of a combination of provision of affordable housing, housing to an Approved Housing Agency, housing to a housing charity or a cash payment in the event that other provisions cannot be satisfied.

Further Information

For further information please contact:


Cushman & Wakefield

Cushman & Wakefield

164 Shelbourne Road
Ballsbridge
Dublin 4

Tel: +353 (1) 639 9300
PSRA: 002222

www.cushmanwakefield.ie

Donal Kellegher

+353 (1) 639 9248
donal.kellegher@cushwake.ie

John Donegan

+353 (1) 639 9222
john.donegan@cushwake.ie

Kevin Leonard

+ 353 (1) 639 9219
kevin.leonard@cushwake.ie


Sherry FitzGerald Brady O'Flaherty

Sherry FitzGerald Brady O'Flaherty

Main Street
Maynooth
Co. Kildare

Tel: +353 (1) 651 0000

PSRA: 002296

www.sherryfitz.ie

Eamon O’Flaherty

+353 (1) 651 0000
eamon@sfbradyoflaherty.ie


Solicitors

L.C. O'Reilly Timmins & Company Solicitors

L.C. O'Reilly Timmins & Company Solicitors

The Harbour
Kilcock Co.
Kildare

www.oreillytimminssolicitors.com

Eddie Timmins

+353 (1) 628 7703
info@oreillytimminssolicitors.com


Misrepresentation Act
Cushman & Wakefield and Sherry FitzGerald Brady O’Flaherty on behalf and for vendors or lessors of this property, whose agent it is, gives notice that: (1) The particulars are produced in good faith, but are a general guide only and do not constitute any part of a contract. (2) No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatsoever in relation to this property. (3) The property is offered subject to contract and unless otherwise stated all rents are quoted exclusive of VAT. (4) Nothing in these particulars should be deemed a statement that the property is in good condition, or that any services or facilities are in working order. (5) Unless otherwise stated, no investigations have been made regarding pollution, or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required. Publication Date: December 2019.

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