Three development packages worth €30m hit the Cork market

Three development sites worth up to €30m have been put for sale in Cork City and suburbs.

One site is billed as “the largest and best residential development site to come to the market in the past 10 years,” capable of taking up to 450 new homes on the fringes of the southside suburb of Douglas.

Offered at a time of a dearth of new housing stock which is driving up prices and rents, the three Cork sites, include 52 zoned acres at Castletreasure, Douglas, a former garage 0.5 acre site at Dennehys Cross and the fire-damaged Good Shepherd Convent on seven acres at Sundays Well.