Ready-to-go Ashbourne site makes €800,000 at auction

An infill housing site of 0.99 of a hectare (2.46 acres) at Ashbourne, Co Meath, has sold at auction for €800,000 – double the price originally quoted for it.

Meath Co Council granted planning permission in 2009 for 20 two-storey houses on the site which is located off the Dublin Road. The land was bought by a local builder.

Loman Dempsey of Savills, who handled the sale, also secured €850,000 for 2.60 hectares (6.44 acres) zoned for a residential scheme at Ratoath village. The agency had been guiding €350,000/ €400,000 for the land which is located behind the recently developed Corballis shopping centre and apartment complex.

Savills also sold at auction a site of 1.18 hectares (2.9 acres) at Clonsilla on the Dublin-Meath border for €950,000 – well above the €550,000 guide price.

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The site is located behind the Applegreen petrol filling station and backs on to the Royal Canal. There are two small detached houses on the site.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times