Lisney were appointed as sole sales agents on a high profile residential development site in Omagh, upon which the sale completed in August 2017.
The land comprised of circa 3.64 acres of potential residential development land and 10.19 acres of agricultural land. The land was located opposite the Omagh Asda store on the Dromore Road and garnered high levels of interest from both developers and local farmers who had been awaiting the land coming to the market for some time.
Due to amount of activity, the sale was eventually brought to a close by formal tender by way of sealed bids.
Although there were several complex issues involved in the sale of the land we weren't surprised by the amount of interest. The demand for residential development sites in Omagh is high and now the sale of this land has completed, we have a substantial list of parties still interested in sites in the area.