Property Description

Development Opportunity on Approximately 4.2 Acres in the Heart of Lemybrien Village, Co. Waterford

An excellent opportunity to acquire a substantial property comprising a two-storey residence in need of complete refurbishment, associated outbuildings and approximately 4.2 acres of zoned land.

The existing house, together with approximately 0.5 acres, offers considerable potential to create a characterful family home. The property may qualify for grant assistance of up to €70,000 under the Vacant Property Refurbishment Grant, including the derelict property top-up, subject to applicant eligibility and approval.

The remaining approximately 3.7 acres offer an attractive residential development opportunity, with potential for a scheme of up to 23 homes, subject to planning permission and all relevant consents.

The entire holding is situated within the defined RV – Rural Village zoning. This zoning seeks to protect and enhance the character of Lemybrien while supporting an active, vibrant community and development appropriate to the village’s physical and community infrastructure.

Occupying a central position within Lemybrien, the property benefits from convenient access to local amenities and the N25 national route. Dungarvan is approximately 13km away, while Waterford City is approximately 33km from the property. Regular bus services connect the village with Dungarvan, Waterford, Cork and Dublin.

The surrounding area is renowned for its natural beauty, with the Comeragh Mountains, Coumshingaun Lake and the Waterford Greenway all within easy reach.

This well-located property represents a rare opportunity for developers, investors or purchasers seeking a refurbishment project with adjoining development land in a scenic and accessible village setting.

Key Features

Approximately 4.2-acre holding
Two-storey residence requiring complete refurbishment
Range of associated outbuildings
House situated on approximately 0.5 acres
Approximately 3.7 acres of zoned development land
Potential for up to 23 residential units, subject to planning permission
May qualify for vacant property grant assistance of up to €70,000
Entire property located within the RV – Rural Village zone
Central Lemybrien location with convenient access to the N25
Regular bus connections to Dungarvan, Waterford, Cork and Dublin
Close to the Comeragh Mountains, Coumshingaun Lake and Waterford Greenway

All site areas and distances are approximate. Prospective purchasers should satisfy themselves regarding zoning, planning potential, services, grant eligibility and all other relevant matters.

This property was last updated: 2 days ago