Ashbourne residential development site guiding at €2.5m

Agent Knight Frank is guiding a price of €2.5 million, or just under €463,000 per acre for a 5.4-acre site zoned for housing in Ashbourne, Co Meath.

The site is to the rear of the existing Ashewood residential development and near Ashbourne town centre. The property should prove attractive to developers and investors looking to take advantage of the strong demand for homes in the Greater Dublin Area. The entire site is zoned Objective A2 New Residential under the terms of the Meath County Development Plan 2021-2027.

Ashbourne, just 19km northwest of Dublin city centre, is a well-established town with a population of more than 12,700. The local area has a strong employment base, including both Ashbourne Business Park and Ashbourne Industrial Estate. The town is well served by a range of educational and sporting amenities along with a strong retail offering that includes Dunnes, Tesco, SuperValu, Lidl and Aldi.

Ashbourne is also well connected with the M2 linking it to the M50 and wider motorway network. The M3 Parkway at Dunboyne provides regular commuter rail links into Dublin City centre.

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Finín O’Driscoll of Knight Frank says: “Given the unprecedented demand for high-quality, residential-zoned sites in accessible, commuter locations, we expect to see strong demand for this property.”