This exceptional development opportunity is being offered for sale by Cushman & Wakefield with the benefit full planning permission for a purpose-built student accommodation scheme on 0.4285 ha (1.06 acre ). The site is highly accessible within walking distance of University of Galway, Shop Street and Eyre Square.
The approval provides for 272 bed spaces designed over two blocks along with ancillary student-support facilities including a gym, cinema room, communal lounges and breakout spaces.
The development also includes four retail units extending to an overall size of 3,736 sq m which have frontage onto the Headford Road beside the Galway Retail Park and Galway Shopping Centre.
Galway is home to two universities, the University of Galway and Atlantic Technological University (ATU ), together attracting more than 22,000 full-time students. University of Galway is ranked joint fourth in Ireland according to the Times Higher Education rankings 2024.
Galway is Ireland’s festival city with 126 festivals throughout the calendar year, including the Galway Races, Galway International Arts Festival and the Galway International Oyster Festival.
Patricia Staunton of Cushman & Wakefield noted: “This is an opportunity to acquire a strategic site with will full planning permission in Galway, where demand is outweighing supply in both the PBSA and hospitality market, should attract strong interest from both the national and international markets.”
The site is guiding €7.5 million.
