D6 redbrick with small site for around €6 million

Investments A Victorian era office building at 4 Northbrook Road in Dublin 6 with an infill development site at the rear is …

InvestmentsA Victorian era office building at 4 Northbrook Road in Dublin 6 with an infill development site at the rear is expected to make around €6 million when offered for sale from today through joint agents Savills HOK and Harrington & Co.

The distinctive three-storey semi-detached house is two doors away from St Anne's residential and office scheme developed by Michael Cotter's Park Developments. There, the houses to the front were upgraded and turned into high quality residential units while part of the gardens to the rear were used for a mix of apartments and townhouses. One of these townhouses on Northbrook Lane to the rear is for sale through Sherry Fitz-Gerald at €1.7 million - the equivalent of €10,764 per sq m (€1,000 per sq ft).

The same agency is also seeking €5 million for 3 Northbrook Road which is in residential use and stands on a smaller site than number 4 and has a development area of 288sq m (0.07 acres) with access from Northbrook Lane.

The joint agents say that number 4's infill site is ideally suited to a mews or townhouse scheme. They are expecting strong interest from developers, professional practices and owner-occupiers looking for a trophy residence or headquarters.

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The leafy Northbrook Road runs from Leeson Park towards Ranelagh village and is one of the most attractive and prestigious locations in the south inner city. It is within easy walking distance of St Stephen's Green and the busy Baggot Street area.

The agents plan to sell the property either as a single entity or in two lots and are guiding €4 million for the house and €2 million for the site.