Sunday 18 March 2018

Department of Education to buy Rehab's Dublin 4 site for €21m

Rehab site, Sandymount, Dublin 4
Rehab site, Sandymount, Dublin 4
Michael Cogley

Michael Cogley

The Department of Education has entered into exclusive talks to buy the former Rehab site in D4 for €21, it has been reported.

The department has beaten off stiff competition from leading housebuilders that are enviously looking on at the 5.15 acre site in Sandymount, the Irish Times reports.

Cairn Homes were amongst the list of bidders with the company intending on developing the site with up to 120 homes.

The property fronts out on to Seafront Avenue, Newgrove Avenue, and Beach Road.

It is understood the site will be used as an educational facility.

Online Editors

Business Newsletter

Read the leading stories from the world of Business.

Also in Business