Prime Cork South Mall sites hit the market in €10m city-centre development opportunity

Vhi’s relocation from 70 South Mall, alongside key neighbouring sales, opens the door for a potential €10m block redevelopment in Cork

Vhi House at 70 South Mall joins Nos 67-69 for sale, along with a rear car park site, by No 71 which has planning for a hotel, with No 72 currently vacant

A property opportunity spanning what could be the front of an entire city-centre block is emerging in the heart of Cork’s commercial district. The move by private health insurer Vhi from 70 South Mall is likely to spark interest in a major site assembly for hotel, office, residential, or mixed-use development.

Vhi House, guided at €1.5m by Rob Coughlan of Cohalan Downing, served for decades as the insurer’s public office. It comes to market this week as Vhi relocates 25 staff to new premises at Horgan’s Quay, after closing its South Mall office earlier this month.