€12,000 per acre for residential land

BRIEFS: HT Meagher O’Reilly is guiding €12,000 per acre for a development site of 43 acres on Ballymakenny Road, about 2.5km…

BRIEFS:HT Meagher O'Reilly is guiding €12,000 per acre for a development site of 43 acres on Ballymakenny Road, about 2.5km north of Drogheda.

The land is in tillage and given the very flat nature of the farm could be adapted for other farming enterprises. The entire acreage is zoned for residential use and has planning permission for a residential and retail development.

Office suite to rent at €296 per sq m

AGENT Bannon is quoting a rent of €296 per sq m (€27.50 per sq ft) for a newly refurbished office suite at International House in Dublin’s IFSC. It adjoins Connolly Station.

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Katie Williams of the agency says she believes the 222sq m (2,390sq ft) suite will be of interest to financial, IT, and telecoms companies, as well as embassies because of its central location.

Two bars at Four Courts for over €1m

Two bars and a commercial building close to the Four Courts in Dublin, bought by developer Paddy Kelly at the height of the property market, are now for sale at knock-down prices. John Hughes of CBRE, acting for fixed receiver David Potter of Savills, is quoting €525,000 for the Legal Eagle at Chancery Place and €500,000 for the Chancery Inn on Inns Quay. An adjoining three-storey commercial building is available at €100,000.

Silver for property management app

TWO YOUNG entrepreneurs, Andreas Riha and Colin Napper, founders of Rentview.com, have been presented with the silver prize in the start-up awards category of On Line/Digital start-up of the year.

The Vodafone Ireland sponsored awards ceremony was held in Dublin’s Burlington Hotel.

Andreas and Colin come from a property management background having developed an application that addresses the needs of letting agents.

Rentview’s transparent cloud-based application ensures that letting agents can manage their rental portfolio with ease.

It also allows easy access by landlords and their tenants.

The facility aims to improve efficiencies, reduce administration time and boost revenue.

It is currently being used by 40 agencies.