Nama to sell Ballycullen housing site by way of licence agreement
Developers to pay initial fee of €1m and then rest after houses are sold on 9-acre site
Developers to pay initial fee of €1m and then rest after houses are sold on 9-acre site
Site has town centre zoning under development plan which has been extended to 2020
Buildings on site are producing rent of €83,000 from a short term tenant
Israeli investor buys centrally-located five-storey block of 24 one- and two-bedroomed units
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