4/05/2011

Chance to Steer Turvey out of “Rough”


Kieran Wallace of KPMG, Savills has been appointed to sell Turvey Golf & Country Club in Donabate, in north County Dublin.

Turvey Golf & Country Club was originally created in 1995 on the grounds of the historic Turvey House, which is now in ruins. The club was bought by the members in August 2003; however in 2010 the club was put into receivership.

The property is located on Turvey Avenue near Donabate Village, just off the M1 Motorway in North County Dublin. The facility comprises an 18-hole parkland course, which includes a golf clubhouse with 12-bedroom accommodation extending to a gross internal area of approximately 1,269 sq m with a total site area of approximately 58.42 hectares (144.36 acres) in total. 

Savills are offering the property for sale in three lots, with Lot 1 extending to approximately 3.83 hectares (9.47 acres), Lot 2 extending to approximately 54.59 hectares (134.89 acres) and Lot 3 being the entire. 

The entire is located in an area zoned objective ‘OS’ under the Fingal County Council Development Plan 2005-2011, which is“to preserve and provide for open space and recreational amenities”. This zoning objective seeks to provide recreational and amenity resources for urban and rural populations, with the following uses permitted in principle - Community Centre, Community Facilities, Cultural Uses, Golf Course, Open Space, Recreational Facilities/Sports Club, Woodland/ Urban Forestry.

According to Mark Reynolds this is an excellent opportunity to develop a multitude of uses and considering the guide price would no doubt appeal to local farmers as the price per acre equates €12,000. 

Lot 1 includes the existing clubhouse accommodation and would therefore be ideally suited to nursing home, hotel or recreational facilities such as sports clubs and sports related facilities (subject to the necessary planning consent). 

Lot 2 would also suit a variety of additional uses. 

Savills are quoting an asking price of €750,000 for Lot 1, €1.5 million for Lot 2 and €2.25 million for the entire. 

A certain degree of flexibility is being offered with regard to the lot sizes.

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