Agent Lisney is guiding a price of €1.3 million for a prime development opportunity on Cork’s much sought-after Model Farm Road.

Located close to Dennehy’s Cross and just 3km from Cork city centre, the subject property comprises a former 20-bedroom care home with a number of day rooms/activity rooms, catering facilities and staff accommodation. The entirety occupies a floor area of approximately 9,323sq ft and is situated on a landscaped site which extends to approximately 0.86 acres. The site has frontage of 140ft on to Model Farm Road along its northern boundary.

The property is situated in an area zoned “sustainable residential neighbourhoods” in the Cork City Draft Development Plan 2022-2028. The site offers “enormous development potential”, according to the selling agent.

The property is presented in good condition throughout. Given its location in an established residential area within walking distance of Cork University Hospital, University College Cork and close to Munster Technical University, as well as convenient access to the N40 South Ring road network, the property is expected to appeal to developers as a potential residential development site.