DevelopmentLand: A site of 32 acres with full planning permission for 279 houses and apartments close to Cavan town has come on the market through joint agents Savills Hamilton Osborne King and AOR Estates.

The asking price is over €16 million - equating to less than €58,000 per unit.

The joint selling agents describe the scheme as a high quality, low density development with a high proportion of three and four-bedroom semis and detached units.

Cavan town has experienced considerable growth in recent years due in part to the success of many of the companies controlled by Sean Quinn, including Quinn Direct insurance.