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RESIDENTIAL DEVELOPMENT LAND Instinctive Excellence in Property. For Sale Knocknagoney Road Belfast BT4 2PS PARKLANDS Full planning permission for 104 Apartments An Exceptional Residential Development Opportunity Site Area c. 3.27 Acres

For Sale… · portion for the Private Rented Sector (PRS). Alternatively a purchaser may also consider the opportunity to introduce a commercial/ leisure use to part of the site

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Page 1: For Sale… · portion for the Private Rented Sector (PRS). Alternatively a purchaser may also consider the opportunity to introduce a commercial/ leisure use to part of the site

RESIDENTIAL DEVELOPMENT LAND

Instinctive Excellence in Property.

For Sale

Knocknagoney Road

Belfast

BT4 2PS

PARKLANDS Full planning permission for 104 Apartments

An Exceptional Residential Development Opportunity

Site Area c. 3.27 Acres

Page 2: For Sale… · portion for the Private Rented Sector (PRS). Alternatively a purchaser may also consider the opportunity to introduce a commercial/ leisure use to part of the site

RESIDENTIAL DEVELOPMENT LAND

Location

The site is prominently located in East Belfast approximately 4 miles from the city centre

and 2 miles from Holywood. The immediate vicinity comprises a mix of housing,

Knocknagoney Park and Tesco Extra located opposite.

Due to its location the opportunity benefits from excellent transport links via the main

Sydenham By-Pass (A2) and the Outer Ring (A55). Additionally the area benefits from a

wide range of local amenities and leisure facilities nearby to include Holywood Golf

Club, Redburn Country Park, Shorts Sports and Recreation Club, Holywood Exchange

Retail Park and IKEA.

Description

The opportunity comprises a regular shaped site extending c. 3.27 acres with a block

of 45 no. derelict apartments to be cleared for future development. The site benefits

from excellent access of the Knocknagoney Road and has extensive frontage of c. 515

ft to the main Holywood Road.

Note: Some enabling works have already been undertaken by the vendor.

Planning

The site benefits from full planning permission for the demolition of the existing buildings

and construction of 104 no. apartments in 3 no blocks (9 storeys) under Planning

Reference: LA04/2017/0043/F granted on 9th January 2018. The scheme comprises

the following: -

18 no. 1 Bed Apartments

83 no. 2 Bed Apartments

3 no. 3 Bed Apartments

A detailed architectural pack including schedule of accommodation can be provided to

interested parties.

NB: Our client has lodged a revised planning application (LA04/2019/0025/F) for a

scheme to provide a total of 90 units comprising 9 no. studios, 39 no. 1 bed, 36 no.

2 bed and 6 no. 3 bed apartments (subject to planning). Further details can be

provided to interested parties.

Opportunity

The ready to go residential scheme provides the purchaser with an attractive return on

their investment and the opportunity to retail all or part of the scheme or to hold a

portion for the Private Rented Sector (PRS).

Alternatively a purchaser may also consider the opportunity to introduce a commercial/

leisure use to part of the site (ie. Hotel, Office etc. subject to the necessary statutory

approvals).

For Sale

PARKLANDS Full Planning Permission for 104 Apartments.

Site Area c. 3.27 Acres

Knocknagoney Road Belfast BT4 2PS

www.osborneking.com

Site Outline

Rear Aspect

FOR INDICATIVE PURPOSES ONLY

Page 3: For Sale… · portion for the Private Rented Sector (PRS). Alternatively a purchaser may also consider the opportunity to introduce a commercial/ leisure use to part of the site

Site Area

The site extends to approximately 3.27 acres (1.32 hectares).

VAT

All prices quoted are exclusive of but may be liable to VAT.

Price

£3 million exclusive.

FOR INDICATIVE PURPOSES ONLY

Block B Ground Floor Layout

Page 4: For Sale… · portion for the Private Rented Sector (PRS). Alternatively a purchaser may also consider the opportunity to introduce a commercial/ leisure use to part of the site

Instinctive Excellence in Property.

MISREPRESENTATION ACT 1967

The premises are offered subject to contract, availability and confirmation of details. The particulars do not form part of any contract and whilst believed to be correct, no responsibility can be accepted for any errors. None of the statements contained in the particulars are to be relied upon as statements of fact any attending purchasers or lessees must satisfy themselves by inspection or otherwise as to the correctness of those statements. The vendors or lessors do not make or give Osborne King and Megran Limited or any person in its employment, any authority to make or give any representation or warranty whatsoever in relation to this property. Unless otherwise stated, all prices and rentals quoted are exclusive of any Value Added Tax to which they may be subject. These particulars are issued on the understanding that all negotiations are conducted through this company. Osborne King & Megran Limited. Registered in Northern Ireland No. 27969. Registered Office: The Metro Building, 6-9 Donegall Square South, Belfast, BT1 5JA. Any maps / Plans based on the Ordnance Survey Map with the sanction of the controller of H.M. Stationery Office Crown Copyright Reserved Licence No. CS 369. This plan is for convenience only. Its accuracy is not guaranteed and shall not be deemed to form part of any contract. Reproduced with the consent of Goad Cartographers Ltd, Old Hatfield.

Location Maps

DAVID McCLURE

T: 02890 270013 M: 07740 393756 [email protected]

Osborne King

The Metro Building

6-9 Donegall Square South

Belfast

BT1 5JA

T: 028 9027 0000

F: 028 9027 0011

E: [email protected]

@OsborneKingNI

FOR INDICATIVE PURPOSES ONLY

FOR INDICATIVE PURPOSES ONLY