Site sells for €20m above guide price

A WATERFORD development site sold yesterday for €45 million, €20m above its guide price.

Site sells for €20m above guide price

Beneficiary of the 32-acre sell-off by the outer ring road is Waterford City Council, which is expected to use some of the windfall to pay for the road costs, and to buy other land for land bank purposes.

The 32-acre mixed use commercial development site, ideally set for a retail development, among other uses, is on the new Outer Ring Road and by the Airport Road.

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