All changed in bypassed farm area
Now that farms are carved up, or disrupted, there have been at least two properties on the market in the area, with strong rumours of a third.
Landowner Gerry Lynch recently sold about six acres for €1.75 million per acre to Bride View Developments.
The sale, which was negotiated by auctioneer Joe McCarthy of Irish and European, included full planning for 108 residential units in this strictly controlled area of the city.
The same landowner has also agreed a sale with the board of trustees of St Patrick’s Hospice Marymount for a 10-acre site near the Curraheen Interchange.
The board of St Patrick’s has lodged plans for a 10,000 square metre hospital, and say they hope to be joined by others in the long term.
Joe McCarthy confirmed that they are inviting interest for the hospital park on Mr Lynch’s land.
Meanwhile, the same agent was jointly representing the Murphy family, along with Frank Ryan of DTZ Sherry FitzGerald, in the sale of 126 acres of land on either side of the new road.
Zoned for amenity use under the Cork County Development plan, this tract of land is close to Cork City’s football ground, and Cork Greyhound Stadium.
The purchase is almost concluded with a Cork city developer, and the eventual sale price is likely to be well in excess of the guide price of €10 million.
On its own, the land carries no residential value, but it’s superb as an potential inducement to local sporting clubs, to be used as a swap incentive to free up their valuable land banks in cork city and its suburbs.
One other family farm in this area is also rumoured to be quietly on the market, but there has been no confirmation of this so far.
Five years after the whole bypass process began, the face of farming in Curraheen is changing dramatically.
