Description: Residential development land measuring ca. 10.97 acres (folio DL37369 plans 4 & 4A) and zoned 'strategic residential reserve' under Donegal County Council Development Plan 2018 - 2024.
This is the first large block of residential development land to come to the market in Buncrana Town for nearly 15 years.
With a real shortage of social and private housing in Buncrana this property is sure to be very attractive for developers/ builders. Housing development in Buncrana is hampered because the land bank zoned 'residential phase 1' has been poorly thought out and will not be developed over the short to medium term for various different reasons. This makes a strong case for this block of land to be rezoned immediately to 'residential phase 1' to make for progressive development in the town.
Potential purchasers have a number of options with this land - firstly, to use it for social housing under contract to a local authority or government department. Secondly, to use it for much need private housing which would be very attractive to purchasers buying a turnkey MICA free house. Thirdly, a mixture of both.
Further details and appointment to view from sole selling agent.