Belmont Huts has harbour sights

There’s a rising tide of investment and development going in around Cork harbour, and hoping to capitalise on that are the vendors of a site called Belmont Huts, back for sale with a fresh grant of planning, and at multiples of its previous sale price just over two years ago.

The Cobh town/Cork harbour, south-facing site of just under three acres, is now guided at €1.1 million via joint agents Savills and Global Properties, and has planning granted after several Bord Pleanala appeals for 18 units.

With prior Department of Defence links (they sold it on on several years ago for c €3m, as a canny beneficiary), the site by Frenches Walk had gone to market in 2013 with a lapsed planning for 20 units, and had a guide of €165,000 via Global Properties who felt it might be bought for a smaller number of larger homes.