€13m for Newbridge site with planning for over 300 houses

A ready-to-go residential site with permission for 361 houses in Newbridge is on the market at more than €13 million through Savills and Jordan’s Estate Agents.

The 33.65 acres, beside other residential estates, is about 1.5km from the town’s main street and 500m from the train station.

It comes with a seven-year planning permission which was granted on January 26, 2018 and runs until 2025.

Planning is for 21 two-bedroom houses, 253 three-bedroom houses, 85 four-bedroom houses and two five-bedroom houses.

There is also planning permission for a creche.

If the properties are built according to planning specifications and brought to market, a developer could generate up to €100m in sales.

John Swarbrigg of Savills says the site offers scale and an ideal mix of family homes.

Meanwhile a number of Newbridge new homes schemes – such as like Kilbelin Abbey, Walshestown Meadows and the Paddocks (Station Road) – are launching this spring.

Prices for three-bedroom homes in the area generally start at about €287,500.