Land worth €4m in Limerick City could accommodate 500 homes

The lands were transferred to NAMA and are now the subject of a €3.8m receiver sale by KPMG

The 49 acres is within walking distance of Limerick Institute of Technology and a mere 4km from the city centre.

Close to €4m worth of land capable of accommodating an estimated 500 homes has arrived on the market in Limerick, paving the way for major residential development not far from the city centre.

The lands, which were transferred to NAMA and are now the subject of a €3.8m receiver sale by KPMG, are at Clonconane, along the Old Cratloe Road and immediately adjacent to the proposed Limerick Northern Distributor Road (LNDR).