A compact site with residential and commercial potential in the heart of Fairview Village in Dublin 3 is for sale with a €600,000 guide price.
Fronting onto Fairview Avenue Lower, the 0.29 acre site had at one time got planning permission for 23 apartments but it has since expired. Emma Coffey of agents Mason Owen and Lyons says that in the current market a developer might opt to build town houses and a commercial unit on the site as this part of Fairview Avenue is occupied by both of these property types.
The agents can offer prospective developers three alternative feasibility studies, one of which includes five three-bedroom townhouses as well as a duplex unit, an apartment and a commercial unit. Another study suggests combining a commercial unit with two duplexes and three apartments and a third suggests four duplexes and two apartments.
Almost completely level, the site once accommodated the rear part of the former Grand Cinema building but this part of the cinema was demolished. The front of the cinema along with its balcony has been retained but is not included in the sale. It accommodated a private screening cinema.
The site which is being sold also benefits from additional storage accommodation of 204sqm.
Zoned Z4 "To provide for and improve mixed service facilities," the surrounding area is popular with tenants working in the IFSC, East Point Business Park and the city centre. It is also convenient to the Dart at Clontarf station and key bus routes.