Wednesday 26 October 2016

Former tramyards site in Dalkey on the market as a development site guiding €2m

Published 26/05/2016 | 02:30

The Tramyards in Dalkey are on the market for €2m
The Tramyards in Dalkey are on the market for €2m

CBRE is to seek €2m for a development site in south Dublin.

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The broker has been retained to sell what it calls a "landmark development opportunity extending to approximately 0.23 hectares (0.58 acre) on Castle Street in Dalkey.

The property will be sold by way of tender.

The former Tramyard in Dalkey is currently zoned "NC" - Neighbourhood Centre - which allows uses "to protect, provide and/or improve mixed-use neighbourhood centre facilities" under the DLR (Dun Laoghaire-Rathdown) Development Plan 2010 to 2016".

The property previously had full planning permission - reference number D06A/0910 - for the demolition of the existing buildings on site and the development of 23 apartments and ancillary retail space at ground floor. This planning has now expired.

CBRE's Peter Garrigan, who is managing the sale, commented: "This rare opportunity allows interested parties to develop and incorporate a mixed use scheme, subject to planning permission, in the heart of Dalkey village.

"The previous planning permission has since lapsed however the positive planning history demonstrates the capacity of the site which allowed a sympathetically designed development to sit alongside the historic thoroughfare of Castle Street."

The property is located just off Dalkey's main retail thoroughfare, Castle Street. It is about 13km south of Dublin city centre.

The village boasts an array of amenities and facilities including art galleries, bookshops, delicatessens, and a variety of pubs, restaurants, cafés, wine shops and numerous other specialty shops. The property is surrounded by a host of the likes of Killiney Hill and Quarry, Sorrento Park, Dalkey Hill, Dalkey Castle and beaches at Sandycove and Killiney.

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