High drama as Billie Barry Stage School property could become major game changer
A Dublin northside property, used by the Billie Barry Stage School, and the leasehold interest in the adjoining Fairview Pitch and Putt grounds, are for sale with a combined €3.5m guide price.
Local businessman Sean Giffney is selling 80 Philipsburgh Avenue, which is a freehold property in a high-profile position with extensive road frontage of 55 metres. It includes a two-storey club house building extending to 10,828 sq ft and parking for 50 cars. This 0.52-acre freehold property is zoned Z1 - Sustainable Residential Neighbourhoods.
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Selling agent Robert Colleran says that the site could accommodate houses, an infill apartment development of about 32 units, or a small nursing home, subject to planning permission.
The sale also includes the adjoining 1.4-acre leasehold lands currently used by Fairview Pitch and Putt club. Mr Giffney owns the leasehold interest, which has 64 years remaining and whose freehold is owned by Dublin City Council.
Mr Colleran says: "A purchaser has an option to acquire the freehold interest of these lands from Dublin City Council for some ancillary 'open space/sporting use'. The sale of Mr Giffney's lease on the course will also require the consent of the city council.
Mr Colleran says that should the city council agree, the 1.4-acre leasehold section could accommodate ancillary recreational amenity or open space that would complement any residential development on the front of the site.
The main building is currently used under licence by both the Billie Barry Stage School and a crèche and the terms of the licence would allow a purchaser to acquire vacant possession within a short time.
The building on Philipsburgh Avenue was formerly the Christian Young Men's Club (CYMC). Mr Giffney had at one stage unsuccessfully sought to get a drinks licence for it.
The stage school has produced some famous performers, including Jacinta Whyte, Angeline Ball and Brian McFadden.