Sandyford development unit sells for €500,000
A warehouse building with potential for high density development at 6 Arkle Road, in Sandyford Industrial Estate, Dublin 18, has been sold for more than €500,000 through agents Kelly Walsh.
Its neighbouring detached building 5 Arkle Road has come back on the market and the same agents are asking €600,000.
Both properties, which are located on surrounding yards of about half an acre, have considerable potential for high rise office development as neighbouring properties include The Chase and Millbank House office developments. Zoned to provide mixed uses, the framework plan for the area advises a plot ratio of 1:3 and a building height limit of six storeys.
The smaller of the properties, 6 Arkle Road, has a site area of 0.45 acres and comprises a single-storey portal frame warehouse which contains offices on the ground floor and mezzanine level to the front. Of its total floor area of 1,020sqm about 728sqm is warehouse with a clear height and a further sub mezzanine area extends to 146sqm. The mezzanine also extends to 146sqm.
Its neighbour, 5 Arkle Road, was formerly occupied by Crossan Motors and stands on a 0.57 acre site which includes 24 car parking spaces. The building extends to 1,234sqm and has been divided to accommodate retail showrooms at ground floor with a warehouse to the rear of which 138sqm is clear height warehouse with a further 548sqm sub mezzanine and 548sqm mezzanine.
They are also within walking distance of the Sandyford and Stillorgan Luas green line stops.