Business

Development site in Cookstown goes on market for £1.8m

A PRIME residential development site has gone on the market in Cookstown with an asking price of £1.8 million.

Agent Lambert Smith Hampton has been instructed to sell the prominent 6.5 acres (2.6 hectares) site, which has dual frontage on to both the Coolreaghs Road and Claggan Lane.

Located in a well-established and popular residential area close to the A29 Moneymore Road and within walking distance to the centre of Cookstown, the site is zoned as housing land as per the Cookstown Area Plan.

The surrounding land use comprises a mixture of existing and new build residential developments. Nearby ongoing residential developments include Gallion Glen on the Moneymore Road and Oakview, located further out the Coolreaghs Road.

Cookstown is a thriving town, centrally located in Mid Ulster, and with both Dungannon and Magherafelt approximately 10 miles away, making it an ideal location for commuters.

Selling agent Phillip Smyth, Director of Lambert Smith Hampton said: “We are delighted to bring this prime residential development site in Mid-Ulster on to the market and anticipate good interest from a wide range of residential developers.

"It is well located, zoned housing land and ripe for residential development.”

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