Opportunity

ASSET MANAGEMENT

There is significant potential to enhance investment returns through letting the vacant accommodation following a refurbishment programme to bring them up to modern standards. We estimate that the rent roll could increase to €960,330 if the vacant space was let at €15 per sq. ft. and €750 per car parking space.

REDEVELOPMENT POTENTIAL

Under the Dublin City Development Plan 2016 – 2022 the majority of the site opportunity (approximately 1.01 ha. / 2.5 acres) is zoned Z6 - ‘To provide for the creation and protection of enterprise and facilitate opportunities for employment creation’.

0.28 ha. (0.7 acres.) of the site fronting onto Swords Road is zoned Z3 ‘To provide for and improve neighbourhood facilities’.

Uses Permitted in Principle include:

Z3 – residential, neighbourhood retail, restaurant, primary health, community facility.
Z6 – training centre, industry, hotel, conference centre, science and technology based industry.

Uses Open for consideration include:

Z3 – civic and amenity, garage, public house, take-away, place of public worship.
Z6 – office, residential, civic and amenity, public house, retail park, warehousing.

Further details on the zoning objective are available here.

View Zoning Map