Limerick Land Parcel Attracts Farming and Business Interest
A 30-acre field located minutes from Limerick city centre is attracting significant interest from both the farming and business communities. The land, situated in Ballysheedy, is being marketed by Hanly Donnellan Auctioneers.
Rare Opportunity Close to the City
Bill Hanly, of Hanly Donnellan Auctioneers, highlighted the rarity of a landbank of this size being offered for sale so close to Limerick city. The guiding price for the parcel is €750,000, equating to approximately €25,000 per acre.1
Land Quality and Current Use
Mr. Hanly described the land as “absolutely fabulous,” noting its excellent condition despite recent wet weather. The current owner has utilized the land for both grazing and silage production.1
Potential for Future Development
While the land is not currently zoned for development, Mr. Hanly emphasized its “enormous potential” given its location within two miles of Limerick city.1 He noted that rezoning could significantly increase the land’s value, potentially allowing for a housing estate or one-off homes.1
Desirable Location
Ballysheedy is considered a highly desirable address, benefiting from its proximity to local amenities such as the village and Limerick Golf Club.1 The area has seen the construction of high-quality homes, further enhancing its appeal.1
Land as a Secure Investment
Mr. Hanly pointed to a growing trend of business people investing in land as a safe and secure asset, particularly in light of recent global stock market volatility.1 He quipped, “What better investment than land as we’re not going to produce more land as far as I recognize!”1
A “Blank Canvas” for Development
The land is described as a “blank canvas” due to the absence of ditches, offering a clear and unobstructed space for potential development.1
Contact Information
For further information, interested parties are encouraged to contact Hanly Donnellan Auctioneers at 061 415 505.1
1 Hanly Donnellan Auctioneers Limerick
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