Lakeview Hill in Bushypark is now among the most sought-after locations in Galway city. O'Donnellan & Joyce is bringing 14 spectacular new sites to the market, all of which will be sold with full planning permission for exceptional architectural homes. It’s widely anticipated this new offering will generate immediate interest from those seeking to build their dream home on Lakeview Hill, Bushypark in Galway city.
The latest Galway City Development Plan, adopted in January 2023, facilitates enhanced sustainability, allowing for building proposals on one-third acre sites.
In line with this progressive thinking, a new strategy has been adopted by TreeTopHill Developments for the next phase of development. The strategy has been facilitated by the introduction of new zoning arrangement for residential lands on Lakeview Hill. This new zoning, referred to as R2, facilitates more sustainable use of residential land previously zoned low density residential (LDR ) which set out site-specific building density limitations.
The new R2 zoning is much less prescriptive, and allows for “sensitive residential development that can be assimilated satisfactorily through design, layout and amenity impact in a manner that does not detract from the character of the area”.
According to Mike Maguire, director of TreeTopHill Developments: “This new zoning change represents a fantastic opportunity to maximise future sustainable development on Lakeview Hill. The removal of the previous restrictions requiring a full acre of ground for the construction of a single dwelling, was later reduced to a half-acre, and the new R2 zoning has paved the way for more sustainable development on smaller sites.”
Niall Browne, selling agent with O’Donnellan & Joyce auctioneers, is keenly aware that the market for larger dwellings of between 5,000 and 7,000 square feet, previously permitted on larger sites at Lakeview Hill, is now somewhat limited.
“With current building costs, ie, labour and materials, coupled with energy prices and development contribution levees, the overall cost of such homes has become very significant," he said. "Houses of circa 3,000 square feet built on one-third acre sites contribute not only to a more sustainable use of zoned land in Galway city, but enable a much broader market penetration. It now means that one’s dream home of 3,000 square feet can be now constructed in this unique location at roughly half the cost of the previous market offering.”
Located just one mile from University of Galway and UHG and two miles from Galway city centre, Lakeview Hill has unrivalled views of Galway Bay, the Burren in Co Clare, and extensive views of the lake and River Corrib extending outwards towards Connemara.
Browne added: “There is certainly nothing like this available in Galway city, or indeed in the west of Ireland. Lakeview Hill is the most scenic location in Galway city, and its unrivalled attributes cannot be found elsewhere. Fully serviced, residentially zoned sites with full planning permission of this quality without restrictions are an absolute rarity.”
Lakeview Hill Management Company, under the control of Galway Property Management, ensures the highest standards in the development and maintenance of Lakeview Hill.
For more information see www.lakeviewhill.ie or contact O’Donnellan & Joyce auctioneers on 091 564 212.
