Thursday 19 October 2017

Prime Dublin site with planning for 16 houses at €3.45m

The Templeogue Road site is just 6km from Dublin city centre
The Templeogue Road site is just 6km from Dublin city centre
Ronald Quinlan

Ronald Quinlan

A 1.13 acre (0.46 hectares) development site on the Templeogue Road in Dublin has been brought to the market by agents CBRE for a guide price in excess of €3.45m.

The site, which has full planning permission for the demolition of its existing buildings and the development of 16 family homes, will be sold by tender on Thursday, March 27, at 12 noon.

Under the terms of its existing planning permission (Planning ref. SD15A/0036), the site allows for the construction of four four-bed, end-of- terrace houses (151-169 sq m), four four-bed, mid-terrace houses (145-168 sq m) and eight four-bed semi-detached houses (112-169 sq m).

The subject lands are zoned 'Objective RES - Residential - to protect and/or improve residential amenity' under the South Dublin County Development Plan 2016-2022.

The site is located within one of Dublin's most-established and sought-after residential areas and benefits from a wide array of facilities and amenities including schools, shops, restaurants, bars and parks.

Situated just 1.5km from Terenure village and 6km from Dublin city centre, the lands also benefit from direct access to the M50 motorway. Quite apart from the ease of access and egress for pedestrians, cyclists and motorists, the area is also well served by public transport with a Quality Bus Corridor (QBC) serving the Templeogue Road.

Commenting on the site and its potential, Peter Garrigan of agents CBRE said: "The Templeogue area has continued to witness an upsurge in demand for residential units, However, the provision of sufficient stock has been somewhat limited. This in-fill opportunity represents one of the few opportunities in the past 20 years to develop a housing scheme in Templeogue Village."

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