Residential Development Opportunity Fota Island Resort, Fota Island, Cork - Approx. 11.34 hectares (28.03 acres) - Amazon S3

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Residential Development Opportunity Fota Island Resort, Fota Island, Cork - Approx. 11.34 hectares (28.03 acres) - Amazon S3
Residential Development Opportunity
Fota Island Resort, Fota Island, Cork
Approx. 11.34 hectares (28.03 acres)
Residential Development Opportunity Fota Island Resort, Fota Island, Cork - Approx. 11.34 hectares (28.03 acres) - Amazon S3
Residential Development Opportunity Fota Island Resort, Fota Island, Cork - Approx. 11.34 hectares (28.03 acres) - Amazon S3
Sale Highlights                                   Location
                                                  The property forms part of the 550 acre 5 star Fota Island Resort situated on the eastern side of Cork
• Approx. 11.34 hectares (28.03 acres)
                                                  harbour approx. 15km east of Cork city centre, just south of the Carrigtwohill intersection on the
•	Prime location within the 5 star Fota Island   N25, approx. 6km north of Cobh and 9km west of Midleton. It is an approximate 20 minute drive from
  Resort                                          Cork city and Cork International Airport. It is strategically located just 1km south of the N25 dual
                                                  carriageway. The Dunkettle Interchange and Jack Lynch Tunnel are approx. 8km to the west which
•	Within easy commuting distance of Cork city,
                                                  connect the N25 with the Dublin M8 and the South Ring Road network. The employment hub of Little
  Cobh, Midleton and the employment hubs of
                                                  Island is approx. 6km to the west along the N25.
  Carrigtwohill and Little Island.
                                                  The property is situated in a prime location on Fota Island to the south of the main entrance into Fota
• Full planning permission for 88 houses          Island Resort from the Cobh Road R624 and access to the property is through the main Fota Island
                                                  Resort entrance. It is situated in an attractive parkland setting adjoining mature woodland and the Fota
•	All mains services available, planning
                                                  Island Golf Course. All of the amenities of Fota Island Resort are adjacent including a 131 bedroom 5
  contributions paid and no Part V requirement
                                                  star hotel and spa, 27 hole championship golf courses, golf academy and clubhouse, tennis courts and
                                                  a network of walking/running paths. Fota Island Golf Club hosted the 2014 Irish Open. The property is
                                                  within walking distance of Fota House and Arboretum, Fota Wildlife Park and Fota Island Train Station.
Residential Development Opportunity Fota Island Resort, Fota Island, Cork - Approx. 11.34 hectares (28.03 acres) - Amazon S3
Description
The property comprises a greenfield landholding
of approx. 11.34 hectares (28.03 acres) laid out
in two main sections. Access to the property is
through the main Fota Island Resort entrance from
the Cobh Road and over an estate roadway close
to the existing Courseside Lodges.
Paddock 2 comprises approx. 3.18 hectares (7.86
acres) and it is laid out in one main paddock with
a roadway traversing the land from east to west.
There are two shed buildings centrally located on
the site.
Paddock 3 comprising approx. 8.16 hectares (20.17
acres) adjoins Paddock 2 and it is laid out in one
main paddock with a roadway traversing the land
from east to west. The land slopes gradually down
towards its southern boundary.
Residential Development Opportunity Fota Island Resort, Fota Island, Cork - Approx. 11.34 hectares (28.03 acres) - Amazon S3
Planning Permission                                                                                                              Typical Detached Lodge

The property has the benefit of a recently granted planning
permission Ref. 18/06935 granted on 14th February 2019. The
planning permission is for the construction of 88 No. two
storey lodges as follows:

Paddock 2 – House Nos 1 - 44

House Type Description             Sq M   Sq Ft   No of Units
E             4 bed detached       200    2,153                3
F             4 bed detached       182    1,959                8
G             3 bed detached       141    1,518                8
H             3 bed townhouse      116    1,249                4
J/J1          3 bed townhouse      97     1,044               19
M             3 bed townhouse      100    1,076                2
Total                                                         44   Condition No 2 of the planning permission states that House Nos 1 – 44 inclusive in
                                                                   Paddock 2 shall remain in single ownership and shall be used for short term holiday
                                                                   letting in perpetuity. There are no restrictions on the occupancy of house Nos. 45 – 88
Paddock 3 – House Nos. 45 - 88
                                                                   in Paddock 3 and these houses can be used for full time owner occupation. Planning
House Type Description             Sq M   Sq Ft   No of Units      contributions are paid and there is no Part V requirement.
A             4/5 bed detached     332    3,588                3
B             4/5 bed detached     300    3,229                5
C             4/5 bed detached     278    2,990                4
D             4/5 bed detached     252    2,712               32
Total                                                         44
Residential Development Opportunity Fota Island Resort, Fota Island, Cork - Approx. 11.34 hectares (28.03 acres) - Amazon S3
25

                    8                                                                                   Golf
                                                                                                        Clubhouse
                                                                                                                                                                   1705
                                                                                                                                                                       0

                                                             9
                                                                                                                                                                           Resort
                                                                                                                                                                           Entrance

                                                                 1
                                                                                                                                  24
                                                                                           GREEN5
                                                                                           ELEV=25.02

                2

                                                                            18
                                                                                                 Golf
                                                                                                 Academy

                             16                                                                                              23

                        15

                                                                                                                                        Holiday Lodges

Gardens

                             17                                                                                     22

                                                                                           PADDOCK 2
                                                                       19                  3.1792ha / 7.856 acres
                                                                                      21   44 Units

                                                                                 20                         Proposed
                                                                                                            Holiday Lodges

                                  PADDOCK 3
                                  8.1626ha / 20.170 acres
                                  44 Units

                                                                                                                                           FOTA ISLAND RESORT
ota Arboretum

                                                            Proposed
                                                            Holiday
                                                            Lodges                                                                         LANDS IN SALE

                                                                                                                                           WAYLEAVE FOR SERVICES

                                                                                                                                           WAYLEAVE FOR ACCESS

idge
Residential Development Opportunity Fota Island Resort, Fota Island, Cork - Approx. 11.34 hectares (28.03 acres) - Amazon S3
Services                                                                    Guide Sale Price
All main services are available. Much of the services infrastructure is     €4,000,000
already in place as part of the previous residential developments at Fota
Island Resort.
                                                                            Data Room
Title                                                                       Further detailed information is available in the data room:
                                                                            www.fotaislandland.com
Freehold or similar title.

                                                                            Further Information/Viewing
Solicitor                                                                   Edward Hanafin                     Patricia Stokes
PJ O’Driscoll & Sons, 73 South Mall, Cork                                   T: 021-427 5079                    T: 021-427 5079
                                                                            M: 087 2218719                     M: 086 2482737
                                                                            E: ehanafin@lisney.com             E: pstokes@lisney.com
Lisney, 1 South Mall, Cork                        lisney.com
These particulars are for guidance only and do not form part of any contract. All statements contained in these particulars as to the property are made without responsibility on the part of the agents or the
vendor and none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. Any intending purchasers shall satisfy themselves by inspection
or otherwise as to the correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation, nor for the rescission of the contract by either the vendor or
the purchaser. They are issued on the understanding that all negotiations will be conducted through this firm. Lisney PSRA: 001848
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