Cork site with scope for 40 new homes in the ‘order’ of €2m

Zoned house-development land at Cork’s Montenotte, with scope for 40 new homes, is selling this week for €2m. 

It’s being sold for the Dominican Fathers, who run a residential and day retreat centre in a period villa, called Ennismore (original East View), on far more extensive, adjacent lands, just off the northern ring road and the Middle Glanmire Road.

Being sold via agents, GVA Donal O Buachalla, are 4.95 acres, at Ennismore: it is said to be prime residential development land, and it equates to €400,000 per acre, or c €50,000 a house, at a density of eight units/sites to the acre.