€1.5M price tag on Cavan land

Final offers on 11.8ac site

Final offers are being called for a near 12-acre site at Drumalee, which comes with an asking price of €1.5M.

The sale of the lands, which is being handled by Sherry Fitzgerald in Cavan Town, are by private treaty and the closing date for final offers is April 22, 2025.

The 11.8-acre plot is in an ideal location - close to the Cathedral of Saints Patrick & Felim, Cavan Swimming Pool & Leisure Complex, Drumalee GAA Club, Cavan Primary Care Centre, Loughtee Business Park and The Orchard Bar.Close to the N3, it is also within easy driving distance of Belturbet, Cootehill and Enniskillen.

The land is being described as an “excellent residential development site”. The applicable zonings are ‘Proposed Residential’ and ‘Residential Strategic Reserve’ on it.

“This is a substantial landholding close to all amenities,” says Declan Woods of Sherry Fitzgerald. “We are seeking final offers; it has been on the market and is being handled for some time now. There have been a number of bidders; it’s ground, which is strategically placed within Cavan Town.”

Meanwhile, the local land and property expert says the site is located in a “very desirable” area. “It’s close to schools, shops, pubs and restaurants and one portion is zoned residential, while another is residential strategic reserve,” he continued.

“The land has appealed to developers and we hope that, in due course, and subject to planning permission, this will go some way to assisting with the need for additional housing in Cavan.”