Land at Hydepark Road Hydepark Lane, Mallusk Newtownabbey BT36 4QD

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1 FOR SALE OKT.CO.UK On the instructions of Tom Keenan & Scott Murray of Keenan CF as Joint Administrators of McCloskey & O Kane Building Company Ltd FOR IDENTIFICATION PUROSES ONLY Land at Hydepark Road Hydepark Lane, Mallusk Newtownabbey BT36 4QD Zoned Residential Land extending to c. 5.9 Acres Forming a Substantial Portion and Key Access to One of Newtownabbey s Largest Undeveloped Housing Sites

2 Location The subject lands are located in the Mallusk area of Newtownabbey, on the edge of the Belfast Metropolitan Area. Mallusk is positioned approximately 5 miles from Belfast and is easily accessible due to direct linkage onto the M2 Motorway at the Sandyknowes Roundabout M2 Intersection. The Ports of Larne and Belfast, along with the International and City Airports are also within easy commute. Mallusk is a prime commuter destination due to its close links with Belfast and has witnessed a large population growth in recent years which has coincided with the high volume of new homes being built. The subject lands are located on Hydepark Road in close proximity to the popular housing developments of Blackrock and Mayfield, where a strong level of demand has been illustrated over the past 10 years by the development of a sizeable volume of family homes. Description The subject lands have extensive frontage on the Hydepark Road and are currently accessed from Hydepark Lane. The lands form part of a former Mill which has since been demolished with only partial elevations remaining. Site Frontage The ground is a mix of virgin land brown field lands and is reasonably flat and transversed by a water course. The land in its current layout is primarily accessed from Hydepark Lane but we understand any proposed residential development would be accessed directly from Hydepark Road, resulting in the construction of an access bridge. Planning The subject lands have recently been zoned for housing within the recently adopted Belfast Metropolitan Area Plan 2015, a change of designation from white land, its designation in the Draft Plan. The subject comprises of an area of undeveloped housing land which, together with the adjoining lands, forms one of Newtownabbey s largest undeveloped housing sites. Site Frontage

3 Site Area The subject lands extend to c. 5.9 acres (2.4 ha). Sales Details PRICE: Offers in the region of 750,000 TITLE: Assumed Freehold VAT Views over Neighbouring Housing Developments All prices, outgoings etc are exclusive of, but may be subject to VAT. Viewing / Further Details O Connor Kennedy Turtle 22 Adelaide Street Belfast BT2 8GD T +44 (0) F +44 (0) E belfast@okt.co.uk Contact: Alan McKinstry E alan.mckinstry@okt.co.uk Or Brian Turtle E brian.turtle@okt.co.uk Our Ref: AMcK/JP/

4 FOR IDENTIFICATION PUROSES ONLY OKT.CO.UK

5 KEY SUBJECT SITE ADDITIONAL ZONED HOUSING LANDS WITHIN PLANNING DESIGNATION (MNY 04/32) BMAP 2015 OKT for themselves and for the Vendors or Lessors of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute, nor constitute part of, an offer at contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of O Connor Kennedy Turtle has any authority to make or give any representation or warranty in relation to this property.

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