€1.5m for housing site

The 7.8 acres site is zoned for housing and includes a derelict four-bedroom house

The housing site close to the Army Barracks at Rickardstown in Newbridge, Co Kildare
The housing site close to the Army Barracks at Rickardstown in Newbridge, Co Kildare

Agents CBRE is guiding in the region of €1.5 million for a well located housing site close to the Army Barracks at Rickardstown in Newbridge, Co Kildare.

The 7.8 acres site is zoned for housing and includes a derelict four-bedroom house which is valued at about €500,000. CBRE is handling the sale for Caraghstone Homes Ltd which sought permission to develop 102 houses and a crèche in 2008 but failed because of the absence of adequate services. CBRE has also joined forces with auctioneer Matt O'Sullivan to market a redevelopment opportunity at Market Street, Clifden, Co Galway.

The joint agents are seeking €795,000 for a two-storey supermarket extending to 977sq m (10,516 sq ft). The property has a separate access on to Market Hill and may suit a new development of apartments or a boutique hotel. Clifden has a thriving tourist trade.

Jack Fagan

Jack Fagan

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