MILLTOWN ROAD MILLTOWN, DUBLIN 6 - For Sale / To Let - Prime Residential Development Opportunity (S.P.P) - Knight Frank
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MILLTOWN ROAD MILLTOWN, DUBLIN 6 For Sale / To Let Prime Residential Development Opportunity (S.P.P) Approx. 1 Acre Zoned Residential
A Superb Residential Location Milltown Road 1 DONNYBROOK VILLAGE 11 2 Eglington Road 10 3 Clonskeagh Road 4 Sandford Road 4 2 5 River Dodder 6 Cowper LUAS stop 3 7 Gonzaga College 8 Mount St Annes 12 9 Wilde & Green Donnybrook Church 10 Of The Sacred Heart 11 Energia Park 1 7 12 Clonskeagh Hospital 6 5 MILLTOWN 8 9 MILLTOWN ROAD MILLTOWN, DUBLIN 6
A PRIME RESIDENTIAL SITE IN THE HEART OF MILLTOWN 1 ACRE (APPROX.) 1 Acre (approx.) Zoned Residential A Prime Residential site in the heart of The site is zoned Z1 Residential under the Milltown Dublin City Development Plan 2016 – 2022. Ideally Positioned Feasibility Study for 67 Units Situated close to a wealth of amenities including Milltown Golf Club, the River Reddy Architecture have prepared a Dodder Walk, the RDS and Energia Park. Feasibility Study for the site which allows for 67 apartments S.P.P. Highly Accessible High Existing Use Value Both Luas and Dublin Bus are easily accessible The existing facility would command a high and St. Stephen’s Green is within approx. 2.5 existing use value for negotiations surrounding km. Part V. Potential for Short Ideal PRS Opportunity Term Income Given the high end residential location, superb The existing facility is of a high standard and public transport infrastructure and close allows for potential short term income during a proximity to key employment hubs, the site pre-construction period. represents an idyllic PRS opportunity. 4 5
MILLTOWN ROAD MILLTOWN, DUBLIN 6 Location/ Description The property is located on Milltown Road in the heart of Milltown, The entire site extends to approx. 1 acre and benefits from approx. Dublin 6. The area is an established and sought after residential 43 metres of frontage onto Milltown Road. The property comprises neighbourhood just 2.5km from St. Stephen’s Green. The property the former Murphy & Gunn motor dealership and adjoining former is situated close to Wilde & Green and the Milltown Centre retail school buildings. The motor dealership is built to a high standard scheme which includes EuroSpar and Daisy Chain Montessori & and extends to approx. 15,770 sq.ft. (1,465.1 sq.m.) while the Childcare. former school builds extend to approx. 4,352 sq.ft. (404.3 sq.m.). Milltown Luas stop is within a 1km walk while Dublin Bus runs Donnybrook Village > 1 km multiple services on Milltown Road providing easy access to Dublin City centre. Ranelagh Village > 1.25 km St. Stephens Green > 2.5 km The area is well serviced with high quality schools including Gonzaga College, Sandford Park School, Alexandra College Grand Central Dock > 3.0 km and Muckross Park College all within close proximity. Also, both UCD and Trinity College Dublin are easily accessible. Temple Bar > 3.5 km 6 7 For identification purposes only
MILLTOWN ROAD MILLTOWN, DUBLIN 6 Town Planning The property falls under the Dublin City Development Plan 2016 – 2022. The site is zoned Z1 Residential under the Dublin City Development Plan 2016 – 2022, that is ‘To protect, provide and improve residential amenities’. The Development Plan states that under zoning objective Z1 ‘In both new and established residential areas, there will be a range of uses that have the potential to foster the development of new residential communities. These are uses that benefit from a close relationship with the immediate community and have high standards of amenity, such as convenience shopping, crèches, schools, nursing homes, open space, recreation and amenity uses.’ Subsequently, there may be scope to achieve ground floor convenience retail on site given the location, existing use and high profile onto Milltown Road (S.P.P.). 8 9
MILLTOWN ROAD MILLTOWN, DUBLIN 6 Feasibility Study Reddy Architecture have produced a feasibility study for the site which allows for the demolition of all structures and for APARTMENT MIX the construction of 67 apartments over a basement car park NAME COUNT (S.P.P.). 1 Bed Apartment 27 The study provides for 27 no. 1 beds, 36 no. 2 beds and 4 no. 2 Bed Apartment 36 3 beds in 3 blocks which range in height from 3 to 5 storeys. 3 Bed Apartment 4 The study allows for generous public and communal open GRAND TOTAL 67 space and the resultant development will respect any potential GROSS INTERNAL FLOOR AREA privacy issues to the residential properties to the south and Block 01 = 1604m2 the Gheel Community Services to the west. Additionally, the Block 02 = 2200m2 development will strive to remove as far as possible any Block 03 = 1648m2 north facing apartments with apartments following the east/ TOTAL 5452m2 west orientation of the site. The site also has the potential APARTMENT SCHEDULE Comments Name Count to encapsulate the views over the Gonzaga College playing Block 01 1 Bed Apartment 14 fields to the west and the Dublin skyline. Block 01 2 Bed Apartment 8 Block 03 1 Bed Apartment 5 Block 03 2 Bed Apartment 20 Block 03 1 Bed Apartment 8 Block 03 2 Bed Apartment 8 Block 03 3 Bed Apartment 4 TOTAL 67 10 11
CONTACT JOINT AGENTS: JACK DEVLIN JAMES MEAGHER Tel: +353 1 676 2711 Tel: +353 1 634 2466 Mob: +353 87 262 3411 Mob: +353 86 255 4060 Email: jdevlin@dob.ie Email: james.meagher@ie.knightfrank.com FINÍN O’DRISCOLL Tel: +353 1 634 2466 BER DETAILS Mob: +353 86 049 2114 Email: finin.odriscoll@ie.knightfrank.com Showroom Building: BER: B3 444.73 kWh/m²/yr. No: 800664690 Rear Site Building: BER: D1 488.73 kWh/m²/yr. No: 800664682 TENURE Freehold subject to rights of way. CONDITIONS TO BE NOTED These particulars are issued by GVA Donal O’Buachalla and HT Meagher O’Reilly Limited trading as Knight Frank on the understanding that all the negotiations are conducted through them. These particulars do not constitute, nor constitute any part of, an offer or contract. All statements, descriptions, dimensions, references to condition, permissions or licenses of use or occupation, 20-21 Upper Pembroke Street 86 Merrion Square, access and other details are for guidance only and are made without responsibility on the part of Dublin 2 Dublin 2, GVA Donal O’Buachalla or HT Meagher O’Reilly Limited trading as Knight Frank or the vendor/ Tel: +353 1 634 2466 Tel: +353 1 676 2711 landlord. None of the statements contained in these particulars, as to the property are to be relied upon as statements or representations of fact and any intending purchaser/tenant should satisfy KnightFrank.ie gvadob.ie themselves (at their own expense) as to the correctness of the information given. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the PSRA Registration Number: PSRA Registration Number: purchaser/tenant shall be liable for any VAT arising on the transaction. The vendor/landlord do 001266 001234-001237 not make or give, and neither GVA Donal O’Buachalla or HT Meagher O’Reilly Limited trading as Knight Frank or any of their employees has any authority to make or give any representation or warranty whatsoever in respect of this property. Knight Frank is a registered business name of HT Meagher O’Reilly Limited. Company licence Reg. No. 385044. PSR Reg. No. 001266
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