Ready-to-go residential site at heart of Chapelizod for €1.6m
Agent Knight Frank is guiding a price in excess of €1.6m for a ready-to-go residential development site with planning permission for the development of nine houses at the heart of Chapelizod, Dublin 20.
Located at Nos 3 -9 Lucan Road, the subject property extends to 0.37 acres. The land currently comprises Nos 3-5 Lucan Road (Mayfield House) and four derelict cottages (Nos 6-9 Lucan Road).
The site is bounded by a residential scheme called 'The Moorings' to the north, two residential units to the south, the River Liffey to the east and the Lucan Road to the west, along which the site benefits from 60m of frontage.
The site has full planning permission from Dublin City Council (Ref 3993/17) for the demolition of the existing derelict cottages and the restoration/extension of Mayfield House to provide for a new scheme of nine three-storey, three-bedroom terraced houses, ranging in size from 126 sq m (1,356 sq ft) to 160 sq m (1,722 sq ft).
The subject property benefits from excellent public transport links and is situated immediately adjacent to a Dublin Bus stop where numerous routes service Dublin city centre (O'Connell Street) and the IFSC/North Docklands with journey times of approximately 15 minutes and 25 minutes respectively.
The R148 Chapelizod Bypass offers commuters ready access to both Dublin city centre and the M50 motorway.
The area is also well served by excellent educational facilities including St Laurence's, St Patrick's and De La Salle national schools, as well as established secondary-level institutions including Castleknock College, Mount Sackville Seconday School and Castleknock Community College.
Knight Frank says: "Given this site's easily manageable lot size and convenient accessibility to Dublin city centre and the M50, we would anticipate strong interest."