Investment Property
Railway View,
Co. Westmeath

Sheehy Meares Real Estate are delighted to present to the market this rare and highly attractive residential development opportunity in a prime Athlone location, ideally suited to builders, developers, and investors seeking both immediate return and future development potential.


Extending to approximately “c.0.9 acres, this substantial site offers a unique opportunity to acquire a ready made residential scheme within an established and proven location, with the added advantage of phased development potential.

The current offering comprises:
4 Detached existing homes
3 additional development sites, subject to the necessary planning permission

This is an excellent opportunity for a developer to acquire a scheme that offers immediate asset value alongside clear future upside, with the flexibility to renovate, sell, develop, and reinvest in phases.

The site presents a compelling balance of immediate deliverability and long term development potential in a market where supply remains constrained and demand for quality family homes continues to be strong.

These properties enjoy a truly unique historical setting, with the Old Town Wall of Athlone running along the perimeter of the rear gardens.
This remarkable feature includes the Bastion-shaped defence, dating back to the 13th century and forming part of Athlone’s rich medieval heritage.
Important conservation and preservation works have also been undertaken on the wall in recent years to protect and maintain this significant historical landmark for future generations.



Opportunities of this nature, combining existing residential units with further development potential in one consolidated town centre package, are increasingly rare.

Property Price €
Site 1 50,000
Site 2 60,000
Site 3 50,000

Property 4 Kylemore 275,000
Property 5 St. Josephs 395,000
Property 6 St Michaels 300,000
Property 7 Sacre Couer 300,000

Over all price 1,430,000


Solicitor:
Tony Henry
Tormey Solicitors LLP , Castle Street, Athlone Co Westmeath N37 D960
090 6493456
info@tormeys.ie

Accommodation

• Key features
• Approx.c 0.9 acre development opportunity
• 4 detached residential properties included
• 3 additional sites with development potential, subject to planning permission
• Established and highly convenient residential location
• Strong demand for family homes in the Athlone market
• Excellent phased development potential
• Immediate and future value creation opportunity
• Ideal for builders, developers, and investors