Thursday 23 November 2017

Malahide site with FPP for four large homes at €975k

The site is surrounded by a number of established housing estates
The site is surrounded by a number of established housing estates
Ronald Quinlan

Ronald Quinlan

A 0.18 hectare (0.44 acre) residential development site on the Swords Road, Malahide, Co Dublin has been brought to the market by CBRE for a guide price of €975,000.

The site, currently occupied by a derelict bungalow, is on the Swords Road amid a number of new and established residential developments, including the long-established Seabury housing estate.

The immediate area has experienced an upsurge in demand for large residential units, and selling agent Peter Garrigan says this holding presents an opportunity to develop a residential scheme of four large five-bedroom homes ranging in size from 183 sq m to 235 sq m.

He says: "This property benefits from full planning permission for the development of four large, detached five-bed dwellings in an intimate setting.

"We anticipate this asset will appeal to both local and domestic house builders due to its favourable grant of planning permission and the demand for dwellings of this lot size.

"Malahide continues to attract significant interest from home owners due to its proximity to Dublin city centre, surrounding amenities and facilities including Malahide Castle/Malahide Marina and the provision of infrastructure links including the DART/M50."

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