Classic Cinema at €6m offers scope for 76 apartments
The site of the former Classic Cinema on Dublin's Harold's Cross Road has been brought to the market by agent Knight Frank for a guide price in excess of €6m.
Extending to 0.507 hectares (1.25 acres), the land represents a significant development opportunity in an established residential location adjoining Harold's Cross Village and within easy access of Dublin city centre. The site is well-served by a number of Dublin Bus routes.
Under the Dublin City Development Plan (2016-2022), the entire site is zoned Objective Z4 - 'To provide for and improve mixed-services facilities. Residential, hotel, shop (district) and shop (neighbourhood) are all permitted uses in principle among many other high value uses.
Architects O'Mahony Pike have prepared a feasibility study for the site which provides for a residential scheme of 76 apartments. The scheme includes ample open space and complementary retail space.
The majority of the blocks within the proposed scheme range in height from two to four storeys with a small, five-storey element fronting Harold's Cross Road.
The subject site is located 2.2km south of St Stephen's Green and adjoins Harold's Cross Village, which benefits from many well-regarded eateries such as Craft, Beckett & Bull, Mayfield Restaurant and coffee shops such as Five Points and Nosh Café in Harold's Cross Park.
The villages of Rathgar, Terenure and Rathmines are also close by with a wide section of local amenities, cafés, restaurants and pubs on offer.
Further information can be obtained from Knight Frank by phoning 01-6342466.