Development Site, O'Connell Street
HPS Real Estate are delighted to bring to the market thisprime city centre development opportunity located just off O’Connell Street onLower Glentworth Street, within Limerick’s established Central BusinessDistrict (CBD). The site adjoins the former Bank of Ireland building andcomprises a brownfield development site with full planning permission granted.
Limerick City continues to experience significant demand for residentialaccommodation, driven by sustained population growth, major public and privatesector investment, and the ongoing expansion of key employment hubs includingthe city centre, Docklands, and surrounding business districts. The shortage ofhigh-quality, centrally located apartments has resulted in strong rental demandand investor interest, particularly for well-designed city centre schemes.
Full planning permission is in place for a mixed-use development comprising 21residential apartments over a ground-floor commercial unit, with the commercialelement approved for café use. The scheme has been carefully designed todeliver a strong mix of unit types ideally suited to Limerick’s urban livingmarket, professionals, and long-term investors.
Accommodation Schedule:
Ground Floor:
Commercial café unit
First Floor:
1 x Studio
2 x One-bedroom apartments
1 x Two-bedroom apartment
Second Floor:
1 x Studio
2 x One-bedroom apartments
1 x Two-bedroom apartment
Third Floor:
2 x Two-bedroom apartments
1 x One-bedroom apartment
Fourth Floor:
1 x Studio
1 x One-bedroom apartment
2 x Two-bedroom apartments
Fifth Floor:
3 x Two-bedroom apartments
Sixth Floor:
2 x Two-bedroom apartments
1 x Studio apartment
The site’s location within Limerick’s CBD places it within immediate walkingdistance of O’Connell Street, public transport links, retail, dining, culturalamenities, and major employers. This central positioning significantly enhancesboth rental and resale potential and aligns with national and local planningobjectives encouraging compact urban growth.
Full architectural drawings, planning documentation, and access to a securedata room are available upon request.
There is already strong interest from a number of parties in the completedscheme, underlining the depth of demand for well-located residential stock inLimerick city centre.
This is a rare opportunity to acquire a fully consented, high-density citycentre development site in a market with proven demand fundamentals and a cleardelivery pathway.
