Redevelopment SiteA site of over one acre with zoning for a mixed-use development of shopping and residential units at Drimnagh Road, Dublin 12, is to be sold at tender on April 3rd through joint agents HT Meagher O'Reilly and Savills Hamilton Osborne King.
The agents are guiding over €10 million for the site of 1.07 acres which has 60 metres of frontage onto the Drimnagh Road. It is located midway between Crumlin Road and the Longmile Road, about 3.5kms from the city centre.
A mixed-use scheme has been designed for the plot and is ready to be lodged with the planners. It provides for 12,347sq m (14,500sq ft) of retail space along with 55 overhead apartments. Car-parking for 91 cars can be provided in the basement, as well as at surface level.
The site is located in an area which has seen considerable rejuvenation in recent years. Residential schemes at Lansdowne Valley and Windmill Lodge have sold exceptionally well, according to the joint agents.