Harold’s Cross infill site for sale at €1.85m
Also: Residential properties in Dundrum, Chapelizod and Ongar, land in Dunboyne
This site last came on the market in November 2016 at €1.8 million but failed to sell at the time
A small infill site in Harold’s Cross that may suit a build-to-rent scheme is on the market at €1.85 million on the instructions of receiver EY through agent Kelly Walsh.
The site, at 146-156 Harold’s Cross Road in Dublin 6, comprises a row of shops with some residential units overhead that extends to a combined 948sq m (10,206sq ft). The retail units are vacant but three of the residential units are occupied. However, the agent expects full vacant possession of the property by mid-summer.
Opposite Harold’s Cross Park, the site is zoned residential and, subject to planning permission, could suit a small apartment scheme of about 16 units.
The site has about 50m (165ft) of frontage to Harold’s Cross Road and is 1.6km from the city centre. Numerous bus routes are close at hand in this long-established residential location.
Albert Hall and his family operated an electrical wholesale business out of the buildings for circa 30 years. Mr Hall opened Hall Electrical on the row and accumulated the adjoining buildings over the years.
He also opened a lighting shop called Hall of Lights which he ran with his daughter Nikki.
This site last came on the market in November 2016 at €1.8 million through agent JLL but failed to sell at the time.
Retail property in Clonmel for sale for €1m
A retail property let to New Look at a passing rent of €125,000 in Clonmel, Co Tipperary, is on the market through Moynihan Curran Chartered Surveyors for more than €1 million. At this price a sale would reflect a net initial yield of 11.52 per cent.
New Look’s lease has another 11 years to run until expiry in February 2030 but there is a tenant break option in about six years.
The town centre property, at 12 O’Connell Street, extends to 743sq m (8,000sq ft) and is close to Penneys, River Island, Elverys, Heatons and Shoe Zone.
The same agent is also offering a large industrial facility at Ardfinnan in Co Tipperary for sale. It has significant frontage and comprises two interconnecting industrial buildings extending to a combined 10,544sq m (113,496sq ft) on a site of 8.8 acres. There is office space in both buildings on the ground and first floors.
The facility, formerly an insulation manufacturing plant run by Moy Isover for 35 years, closed in 2008 with the loss of 44 jobs. The closure was blamed on the downturn in construction at the time.
Dundrum residential site for €1.3 million
A ready-to-go residential site in Dundrum is guiding more than €1.3 million through agent Knight Frank.
The site, on Sandyford Road in Dublin 16, extends to about 0.32 acres and is occupied by a detached bungalow called Stockwell. Permission exists to knock this and replace it with eight own-door apartments/duplexes.
These new homes include four one-beds, three two-beds and one three-bed. The agent also suggests that, subject to securing planning permission, the property could accommodate a higher density scheme.
The site has 35 metres of frontage to Sandyford Road and is located in a mature residential location about 2kms from the M50.
Balally Luas stop is within walking distance, as is Dundrum Town Centre, while numerous Dublin Bus routes service the area. This part of Dublin is also convenient to the business parks in the Sandyford area.
Chapelizod site with okay for nine houses for €1.6m
A ready-to-go residential site for nine large houses at Chapelizod in Dublin 20 is fresh to the market at more than €1.6 million through agent Knight Frank.
The site at 3-9 Lucan Road extends to 0.37 acres with clear views over the Liffey towards the Phoenix Park. It is occupied by Mayfield House and four derelict cottages, and has 60 metres of road frontage.
Planning permission allows for the demolition of the cottages and the restoration and extension of Mayfield House for a development of nine three-storey, three-bed terraced houses ranging in size from 126-160sq m (1,356-1,722sq ft).
Chapelizod, one of Dublin’s oldest villages, is convenient to the city centre and the M50. It also has a good selection of schools and shops nearby.
8 apartments and commercial units in Ongar for €650,000
Four apartments and four commercial units on Main Street in Ongar village, Dublin, are guiding €650,000 through agent QRE.
The pricing would reflect an initial yield of about 11 per cent based on a rent roll of €70,000.
Located above Dunnes Stores with separate access, two of the commercial units are let on short-term tenancies and generate rent of €14,500 per annum. The remaining space comes with vacant possession.
Ongar village, north of Lucan between the N4 and N3, was launched by Manor Park Homes in 2001 on a stud farm formerly owned by the Aga Khan. The area is nestled between sister developments Barnwell and Phibblestown.
Dunboyne land with 39 acres for €1.95m
Coonan Property is quoting €1.95 million for 39 acres of land with long-term development potential about 3km from Lucan.
The land, at Hilltown in Dunboyne, Co Meath, is zoned for agriculture but may have development potential given its frontage to the Clonee-Lucan road.
It is adjacent to the Holsteiner Park and Kribensis Manor residential developments as well as the growing town of Ongar. Train stations at Hansfield and Leixlip Louisa Bridge are also nearby, as is the M3, M50 and M4 motorways.
Industrial site beside M4 Business Park for €2.5m
An industrial site of 3.3 hectares (8.11 acres) beside the M4 Business Park in Celbridge, Co Kildare, is guiding €2.5 million through agent Coonan Property.
The site, zoned industrial under the Celbridge Local Area Plan 2017-2023, is just off Junction 6 on the M4 and 1km from the Intel campus in Leixlip. It has dual frontage to the M4 and R449.
Maynooth is about 4km away, Celbridge about 3km, and Dublin city and Dublin Airport about 30 minutes by car.