Agents Knight Frank are guiding in excess of €2.5m for a residential redevelopment opportunity in close proximity to Grand Canal Dock at South Dock Street, Dublin 4.
Located in the sought-after Silicon Docks area, the site is adjacent to a number of the area's major employers including Google, Facebook, Airbnb, consultants Accenture and the blue-chip law firm Mason Hayes & Curran. The subject property also benefits from excellent public transport links with Dart rail services within 500 metres at Grand Canal Dock Station. Currently, the land accommodates an existing warehouse workshop and showroom building on a site area of 0.47 acres.
The site benefits from two vehicular access points onto South Dock Street and also has an element of frontage onto Hastings Street to the north.
The site is zoned for residential purposes under the current Dublin City Council Development Plan 2016-22 and Davey Smith Architects have carried out two feasibility schemes in relation to the property detailing both a 14-unit townhouse scheme and a 22-unit townhouse and apartment/duplex scheme, both with surface car parking.
Knight Frank say that: "The property represents an attractive residential redevelopment opportunity in a thriving employment area that is currently starved of high quality residential accommodation."
The agents anticipate strong interest in the site owing to the strong demand for housing in the capital, and particularly in the docklands area.