RS-WS2
For Sale

The Green Quarter,

Co. Westmeath, N37P7D7
10.13 Acres
Development & Land Property

Property Overview

The property comprises a slightly irregular shaped parcel site extending to approximately 4.8 hectares (11.86 acres) comprising of a number
of fields accessed of the R916 roundabout which offers exceptional potential for a student accommodation led development (subject to
planning permission). The lands are bounded to the north and east by the granted Lissywollen Avenue, to the south by the Athlone Greenway and to the west by Blackberry Lane. The lands are currently laid out in grass and splitinto a number of fields separated by existing hedgerow. The lands are general level in nature The land’s strategic location presents a purchaser a truly unique opportunity to provide a much need student accommodation and residential development in a highly sought-after midlands town with good quality transport links.

Planning Permission
Planning Permission was granted in June 2022 by An Bord Pleanala (planning reference ABP 312581) for the development of 122 no.
residential dwellings (62 no. houses and 60 no. apartments) and 283 no. student accommodations beds and creche. The granted planning permission on the bulk of the site provides for the development of 60 no. two -three storey houses providing for a mixture of 3 and 4 bedroom townhouses, semi-detached and detached dwellings. The permitted apartment element provides for a five-storey block
providing for 62 no. 1 & 2-bedroom apartments contained within a single block. The balance of the planning provides for the development of three separate student accommodation blocks from four – seven storeys to provide for 283 no. students beds.
A full planning pack is available on the dedicated sales website – thegreenquarterathlone.com

Town Planning
The subject lands are situated in an area which provides for two different zoning objectives under the Lissywollen South Framework
Plan 2018-2024:

• 4.1ha (10.13 acres) zoned Proposed Residential
• 0.70ha (1.73 acres) zoned Mixed Use

Title

We understand the property is Freehold

BER Details – EXEMPT

Services
We understand that all main services are available

Price
Price on Application

The property comprises a slightly irregular shaped parcel site extending to approximately 4.8 hectares (11.86 acres) comprising of a number of fields accessed of the R916 roundabout which offers exceptional potential for a student accommodation led development (subject to planning permission). The lands

  • Offers to acquire the lands are invited by 12pm (noon) on Wednesday, 26th October 2022
  • The site benefits from a full grant of planning permission for the development of 122 no. residential dwellings, and 283 student accommodation beds on 4.1 hectares (10.13 acres)
  • A feasibility study for the development of an additional 217 student accommodation beds on the remaining 0.70 hectares (1.73 acres) has been prepared by Henry J Lyons Architects
  • The majority of the lands are zoned Proposed Residential under the Lissywollen South Framework Plan 2018 – 2024 with the balance zoned Mixed Use under the same framework
  • The lands will be accessed by the new Lissywollen Avenue road, which was granted planning permission by An Bord Pleanála under planning reference 309513-21
  • The lands offer a potential purchaser the opportunity to acquire a strategically positioned land bank with a full grant of planning permission for a highly desirable student accommodation and residential development, with additional asset management opportunities through planning permission on additional lands
  • Highly strategic landbank extending to approximately 4.8 hectares (11.86 acres) situated in the townland of Lissywollen, Athlone

Accommodation

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RS-WS2