GRIFFITHAVENUE Drumcondra, Dublin 9 - Approx. 3.88 ha (9.60 acre) - Cushman & Wakefield
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For Sale
Exceptional Large-Scale Development Opportunity
GRIFFITHAVENUE
Drumcondra, Dublin 9
Approx. 3.88 ha (9.60 acre)
BER Exempt
ASSET SUMMARY
• Superb large-scale landholding of approx. 3.88 ha (9.60 acre). • Considerable road frontage of approx. 150m on to Griffith Avenue along the southern boundary.
• Located in the popular suburb of Drumcondra, approx. 4.2 km north of • Well positioned to benefit from the proposed MetroLink route, just 700m away.
Dublin city centre.
• Feasibility study prepared displaying potential for a 593 unit residential scheme incorporating
• Highly accessible location, approx. 3.7 km south of the M50 motorway. a mixture of Build to Rent and Build to Sell apartments.
Aviva Stadium
Dublin Port
Croke Park
Swords Road
Skylon Hotel DCU St. Patrick’s
Home Farm Football Club
Corpus Christi Church
Griffith Avenue Na Fianna GAA Club
Home Farm Road
Elmhurst Cottage Farm
Griffith Avenue • Drumcondra • Dublin 9 Exceptional Large-Scale Development Opportunity
M2
Ardrums
Dublin Airport
5 2
Swords
M1
Dublin City University M1 Motorway
DRUMCONDRA
Kilcloon M3 DUBLIN
2
Omni Park Shopping Centre Beaumont Hospital
N2 AIRPORT
Dunboyne
1
Albert College Park
4
Clonee 4 3
4
Mulhuddart 5 N32
N3 Coolock
Drumcondra is an affluent and sought-after location
Santry
Ongar 2
Moyglare Hall 3 M50 Finglas
2 Beaumont Sutton
situated approx. 4.2 km north of Dublin city centre and Maynooth
Blanchardstown 6
N2
Howth
M50
approx. 3.7 km south of the M50 motorway. Drumcondra Castleknock
Drumcondra
Port Tunnel Clontarf
Fanagh
is a predominantly residential location and is recognised
M4
7 N3
N2
N1
as one of North Dublin’s best located suburbs.
6 5
Lucan 3 7
4a 2 1
N4 N4
4 Chapelizod DUBLIN
The Greenhill N1 Docklands
Ballyfermot
Drumcondra is perched neatly between urban and sub-
Adamstown M50
Rathcoffey N81
urban Dublin. The site is excellently positioned in close
Staplestown
Crumlin Ranelagh N11
Ballsbridge
proximity to Dublin city centre to the south and Dublin Clondalkin 1 Donnybrook
Airport to the north. The area is most recognised as being
9
Straffan N7 Milltown
Walkinstown
10 Terenure
N81 Clonskeagh
the home to Dublin City University (DCU), one of Dublin’s
Castledillon 2 Belgard
The Cott
M50 N31
Churchtown
premier universities.
Clane 3 Blackrock
Tallaght
Ardclough
11
Templeogue N11
Dundrum
N81
N7 Stillorgan
12
N31
13 14 Foxrock
M50 Leopardstown
N11 Griffith Avenue
Rockbrook
N7 Loughlinstown
Stepaside 15
M50
Carrickmines
16
Carragh
BALLYMUN 17
M11
Naas Glencullen
R108
UN ROAD
SANTRY M50 Old Conna
5
Manor
R135 Kilbride
M50
M7 Kilmolin
Ballinagee Enniskerry
BEAUMONT
B A L LY M
HOSPITAL
FINGL AS R103
Blessington N1
Mullacash
PROPOSED There is an abundance of amenities in the immediate area
METRO STATION
BE AUMONT National Botanic Gardens
FI
JOHNSTOWN
with retailers such as Lidl and Tesco satisfying convenience
NG
PARK
LA
requirements, schools such as St. Aidan’s, Glasnevin
S
RD
GL ASNE VIN WHITEHALL Educate Together and St. Patrick’s serving educational
requirements as well as some of north Dublin’s most
COU RTL ANDS
GRIF FITH A
VE N1
R103
renowned restaurants and public houses close by.
R102 GRIF
FITH
TOLKA VALLEY PARK PROPOSED AV E
METROLINK ROUTE Both public and private transport links in the area
R102 are strong. The lands are located on Griffith Avenue,
NATIONAL
BOTANICAL PROPOSED N1 GR
IF F
a strategically positioned arterial route running from
RD
METRO STATION ITH
F BARDENS
AV Glasnevin to the west as far as Marino to the east and
HI
RIVERSTON E
IN
LA
ultimately connecting with the Malahide Road. Griffith
OB
D
AD
G
S
A
ABBE Y R805
M
BROOMBRIDGE RD
A RO
RO
MARINO Avenue shares a junction with Swords Road, connecting the
ST
RAIL STATION
E
ID
NDR
ASHTOWN area to the M1 motorway and M50 motorway to the north.
H
LA
CABR A DRUMCONDRA
MCO
MA
TRAIN STATION
NA
VA
DRU
NR
O AD CABRA FAIRVIE W Public transport links are predominantly serviced by Dublin
LUAS STOP
R147 Croke Park Bus at present, with numerous routes providing access to
DRUMCONDR A
Phibsborough
Dublin city centre, Dublin Airport and many other north
G H RD
R806
ET
PHIBSBOROUGH
OL
D LUAS STOP Dublin suburbs. These bus routes are due to be further
RE
CA
ST
BR
strengthened through the introduction of the BusConnects
PHIB SB ORO U
A
ET
R
Grangegorman project. The new A Spine is due to run along Swords Road
RS
OA
DO
M50
D
while the E Spine will service St. Mobhi Road.
N1
STONE YBAT TER CONNOLLY
TRAIN STATION
PHOENIX PARK R805 Rail links are provided for at Drumcondra Train Station,
an approximate five-minute drive south of the lands.
HEUSTON
It is proposed that rail connections north and south of
TRAIN STATION
DUBLIN R131
Drumcondra will be improved upon through the delivery of
OD R109
V IC T ORI
CIT Y
Q U AY
the MetroLink light rail project. This project is due to finish by
A Q U AY Y
SS I NGT
ON QUA 2027 with the route expected to run along St. Mobhi Road to
WELL
PE A
RSE the west. The nearest proposed stop is due to be located just
STRE
ET
700m west of the subject lands at Na Fianna GAA Club.
NO GR R131
RT AN
HU D
MB CA
ER NA
LA LS
ND TL
RO OW
AD ER
Griffith Avenue • Drumcondra • Dublin 9 BE Exceptional Large-Scale Development Opportunity
AC
H
ASSET DESCRIPTION
The property comprises a greenfield development site extending to approximately 3.88 ha (9.60 acre). The lands
are bound by Griffith Avenue with the benefit of considerable road frontage of approximately 150m. The lands are
generally of a flat topography with defined boundaries to the north, south, east and west.
The immediate area is predominantly made up of low-rise residential housing to the south, east and west, while a
considerable agricultural landholding is positioned just north of the lands. The site represents a viable residential
development opportunity, with the potential to deliver a mix of unit types, subject to planning permission, to meet the
strong demand for new homes in the area.
TOWN PLANNING
Block E
Planning policy for the property is contained within the Dublin City Development Plan 2016 – 2022. Under the
Development Plan, the lands are zoned ‘Z12 - Institutional Land’. The objective of this zoning is “to ensure that existing
environmental amenities are protected in the predominantly residential future use of these lands”. Block D
Block F
DEVELOPMENT POTENTIAL
Block I
This asset provides an excellent opportunity to construct a large-scale residential development in a highly Block C
accessible and sought-after suburban location. The site does not have planning permission but the property data
room contains a planning report and feasibility study illustrating potential capacity for approx. 593 residential
units. An overview schedule is outlined below with further detail available in the data room.
Block H
ACCOMMODATION SCHEDULE Block G
Block Gross Floor Area No. of Storeys TOTAL (units) TOTAL (units) Block B
(Sq M) Build to Rent Build to Sell
A 5,855 5 Storeys 60 Units - Block A
B 8,140 5 Storeys 80 Units -
C 5,229 7 Storeys 56 Units -
D 9,024 8 Storeys 88 Units - G R I F F I T H A V E N U E
E 5,976 8 Storeys 64 Units -
F 5,735 6 Storeys 40 Units -
(2,000 Sq M Commercial
at Ground Floor)
G 7,026 6 Storeys - 72 Units
H 5,229 7 Storeys - 56 Units
I 7,896 7 Storeys - 77 Units
SITE PLAN - FEASIBILITY STUDY
TOTAL 60,110 - 388 Units 205 Units
Griffith Avenue • Drumcondra • Dublin 9 Exceptional Large-Scale Development Opportunity
TITLE CONTACT
The property is held under freehold title. Cushman & Wakefield
164 Shelbourne Road
Ballsbridge
METHOD OF SALE
Dublin 4
For Sale by Private Treaty. Full details on the bid Tel: +353 (1) 639 9300
process are available in the property data room. Licence No: 002222
www.cushmanwakefield.ie
SERVICES John Donegan
Email: john.donegan@cushwake.com
We understand all public services are
Direct Tel: +353 (1) 639 9222
available to the property.
Kevin Leonard
Email: kevin.leonard@cushwake.com
VIEWING Direct Tel: + 353 (1) 639 9219
By appointment with the sole agents.
SOLICITOR
BER Ronan Daly Jermyn
The Exchange
Exempt. George’s Dock
IFSC
Dublin 1
WEBSITE & DATA ROOM www.rdj.ie
www.GriffithAvenue.com
Simon Lynch
Email: simon.lynch@rdj.ie
Tel: +353 (1) 605 4200
Cushman & Wakefield LLP on its own behalf and for vendors or lessors of this property, whose agent it is, gives notice that: (1) The particulars are produced in good faith, but
are a general guide only and do not constitute any part of a contract. (2) No person in the employment of the agent(s) has any authority to make or give any representation or
warranty whatsoever in relation to this property. (3) The property is offered subject to contract and unless otherwise stated all rents are quoted exclusive of VAT. (4) Nothing
in these particulars should be deemed a statement that the property is in good condition, or that any services or facilities are in working order. (5) Unless otherwise stated, no
investigations have been made regarding pollution, or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required.
Publication Date: November 2019. Designed and produced by Creativeworld. Tel +353 1 447 0553
Griffith Avenue • Drumcondra • Dublin 9
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