Proposed single storey purpose built 70 Bed Nursing Home on C. 6 acres. This Greenfield development is ideally located in Ballyduff West, Kilmeaden just off the motorway and central to Kilmeaden village. Full planning permission granted for 70 bedrooms with ancillary accommodation, site works, 50 car parking spaces and landscaping provision, including the connection of the waste water to the new mains drainage system. Investment Highlights With an increase in our aging population and a decrease in the supply within the nursing home sector, this development presents an attractive and lucrative venture opportunity for potential investors or developers. Due to the high demand, the private sector is now required to provide a number of new nursing home beds and this nursing home will possibly be the last development that will be granted planning permission in a rural setting under the current regulations. The State, as a monopolistic buyer of services in the sector has a fundamental role in establishing clear and sustainable policies which can provide greater certainty for funders and operators alike. Significant improvements in living standards and in medical and health care are leading to substantial growth in the numbers living longer and growing older. While this is to be welcomed, it also presents significant challenges surrounding our requirements to meet the healthcare needs of our older population. The following is of key importance: - The number of persons aged 80+ also increased 14%, from 112,912 to 128,529 - The CSO predicts that the very old population (persons aged 80+) "is set to rise even more dramatically" in the coming years. - Currently the population projection for persons aged 65+ for year 2021 is 733,300, which will represent a 37% growth on 2011 population - According to the ESRI the population forecast for persons aged 80+ for year 2021 is 175,700, this will signify a 37% inc