Discover a promising 38-acre site in Gorey, Ireland, boasting dual frontage to the Gorey-Carnew Road and Kilnahue Road. Jointly marketed by Knight Frank and Sherry FitzGerald O’Leary Kinsella, this site is now on the market for €3 million. The property’s zoning under the Gorey Town & Environs Local Area Plan (LAP) 2017–2023 presents an attractive opportunity for residential development. Let’s delve into the details of this prime real estate opportunity in Gorey.
Situated strategically with frontage on both the Gorey-Carnew Road and Kilnahue Road, this 38-acre site offers a lucrative investment prospect. The lands are zoned under the Gorey Town & Environs Local Area Plan (LAP) 2017–2023, with 31 acres designated for Residential use and the remaining seven acres zoned as Open Space and Amenity.
In May 2022, Wexford County Council extended the LAP for three additional years until 2026. An Bord Pleanála was expected to rule on the strategic housing development (SHD) application by June 2022. Despite the expedited nature of SHDs, this decision is now significantly overdue by almost 21 months.
Prospective buyers of the Gorey site have the option to explore a revised scheme aligning with the recently issued Sustainable Residential Development and Compact Settlements Guidelines. This flexibility opens avenues for innovative and sustainable development practices.
The site’s proximity to three prominent schools, including Gorey Educate Together National School, Creagh College, and Gaelscoil Moshíológ, enhances its appeal to families. Moreover, Gorey Town’s amenities are within walking distance, offering convenience to future residents. Commuters benefit from Gorey train station’s rail services to Dublin city centre and easy access to the M11 motorway via Exit 23, connecting to the wider motorway network.
Gorey has witnessed a notable 14% population surge over the past six years, as per the 2022 census data. The Gorey Local Electoral Area (LEA) experienced a rise from 27,351 to 31,123 residents between 2016 and 2022, making it the fastest-growing LEA in the county. Notably, the Gorey LEA now mirrors Wexford town’s LEA in population size. The overall population of Wexford County has also increased by 9.2% to 163,527 residents, indicating a trend of growth and development in the region.
The availability of this 38-acre site in Gorey presents a compelling opportunity for investors and developers looking to capitalize on the region’s growth potential. With favourable zoning, strategic location, and a burgeoning population, this property holds promise for residential development aligned with sustainable practices. Interested parties can explore the site’s potential within the context of Gorey’s evolving landscape and demographic trends.
