Ard Rí residential plots to go under auctioneer's gavel with asking prices from €105,000
The online auction for the three plots takes place on May 27. Photo: Sherryfitz.ie
The Ard Rí, formerly Jury's Hotel, is one of Waterford's most iconic sites and the forthcoming auction of plots of land to the rear of the famous hotel is garnering considerable interest.
Plot 70, Plot 7 and Plot 8 of the Ard Rí site in Waterford City have been placed for sale via online auction by Sherry Fitzgerald John Rohan, each listed as a "potential residential development opportunity".
The description of the three listed plots outlines that a total of 96 residential plots will span the Ard Rí site.
The description further says: "A unique opportunity to acquire three of what will be a total of 96 residential plots, located on the elevated grounds of the former Ard Rí Hotel at Mount Sion Hilltop, Ferrybank, Co. Waterford.
“These sites, subject to planning permission, represent one of the most significant residential land opportunities in the Waterford area, combining scenic setting, urban convenience, and strategic zoning.
“This prominent site offers far-reaching views over Waterford City and the River Suir, and sits within a well-connected and maturing residential area."
The three plots are listed at an asking price of €105,000.
Plot 8 and Plot 7 are 0.07 acres in size each, whilst Plot 70 is 0.13 acres.
The online auction for the three plots takes place on May 27.
Key features of the plots, according to sherryfitz.ie, include their panoramic views of Waterford City, the river Suir and surrounding countryside, and the area's excellent public transport connectivity, with regular bus services to and from Waterford City and train service to Dublin, Limerick Junction and Cork.
Also emphasised are the plots close proximity to schools, shopping centres and essential services, and that they are approximately five minutes from Waterford city centre.
At least week's Plenary Council meeting, Michael Quinn, Director of Services at Waterford City and County Council, offered updates on the former hotel building itself, which has lain idle for many years.
Mr Quinn said: “That has only concluded relatively recently in terms of the legal case. There are proposals being considered by the developer and owner and we’ll hope to see something come forward. If not it becomes a planning issue from the point of view of being a vacant site and that’s something that will be looked at.”
