The Carrickpherish Campus also includes a state-of-the-art community library and sports hub.
Minister for Rural & Community affairs Michael Ring was on hand for today's opening and said that the development is in keeping with the governments vision to increase the population of Waterford.
"It's great to see an Educate Together School, a Gaelscoil and a library all built on the outskirts on the city," he said, hailing it as a "fantastic development."
He said that the facility may be attractive to people looking to come and live in the region.
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