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15 Acre Drogheda Development Site

A residential development site in Drogheda is being brought to the market by agents Bannon. The 15.09 acre site is located adjacent to the Newtown Blues GAA sports ground. Nearby residential developments include Beechwood, Cherrywood, Beaulieu View and Harmony Heights.

The site lies 2.3 kilometres from Drogheda town centre which has amenities such as the Scotch Hall shopping centre and Laurence Town Centre shopping centre. The lands are zoned “Residential New” under the Drogheda Borough Council Development Plan 2011 – 2017. There are relatively few undeveloped sites with this particular zoning in Drogheda.

According to development land broker Cian McMorrow who is handling the sale: There will be significant demand for this site from residential developers who can see the opportunity to capitalise on the increasing demand for housing in Drogheda. Since the introduction of the new regulations on mortgage lending by the Central Bank, we have witnessed an increased appetite from residential developers seeking development sites in towns within commuting distance of Dublin City.