Sunday 19 November 2017

€4m for residential site in south county Dublin

The two-acre site on the Glenamuck Road is guiding €4m
The two-acre site on the Glenamuck Road is guiding €4m
The €2.25m Vevay Road site
Ronald Quinlan

Ronald Quinlan

A two-acre site in south county Dublin with full planning permission for 16 four-bedroom houses and 12 apartments with surface car parking has been brought to the market at a guide price of €4m by agents Knight Frank.

Located on the Glenamuck Road, the site currently provides for two detached houses: Saxaroon and Inglenook.

Extending to some 276 sq m (2,979 sq ft), Saxaroon is a detached, five-bedroom dormer bungalow with a side garage on a site area of 1.67 acres. Inglenook is a 154 sq m (1,660 sq ft) detached, three-bedroom bungalow with a side extension and side garage situated on a site area of approximately 0.33 acres.

The entire site benefits from 88 metres of frontage onto Glenamuck Road South.

Prospective purchasers of the property can take advantage, however, of the permission granted by An Bord Pleanala (D14A/0765) in 2015, allowing for the demolition of all existing structures, and the construction of 16 four-bedroom, semi-detached houses and 12 apartments all with surface car parking.

The site is situated in an established and well-sought after residential location immediately adjoining the Cairnbrook residential scheme. The Ballyogan stop on the Green Luas line is within 1.1km, providing access to St Stephen's Green (approximately 30 minutes) while exit 15 on the M50 is 750m away.

In Bray, Co. Wicklow, agents CBRE have brought to the market a 0.48 hectare (1.2 acre) residential development site with full planning permission for 16 family homes at a guide price of €2.25m.

For sale by private treaty, the site on Vevay Road comprises a period property known as Carrickbrae House and surrounding land that is currently undeveloped.

The property's planning permission is valid for a period of five years from December 2016 and allows for the restoration of Carrickbrae House as a private residence and for the construction of 16 semi-detached and terraced dwellings.

The property provides a mix of zonings including RE1 (residential) and CE (civic, community and education) uses under the Bray Town Development Plan 2011-2017.

The Vevay Road development site is located within walking distance of Bray Town Centre and provides easy access to the M11 and M50 motorways while Dublin city centre lies approximately 24 km north of the property.

CBRE's Peter Garrigan said: "This property presents interested parties with an opportunity to develop an intimate development consisting of modern family homes in the coastal suburb of Bray. Due to its lot size and favourable planning permission, we believe this trophy asset will appeal to both local and national developers."

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