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)
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.
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.
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
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
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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