Killiney site for 43 homes for sale for €6.25m
Site near Killiney Shopping Centre to feature mix of apartments and houses
An illustration of what the Killiney development will look like on completion
A ready-to-go site with permission for 43 homes near Killiney Shopping Centre is on the market at €6.25 million through agent CBRE.
The 0.8-hectare site (2.2 acres) – in a mature residential area – is accessed from Watson Road and is bounded to the rear by Church Road. Killiney Golf Club is nearby.
A five-year planning permission allows for 43 apartments and houses, and includes the renovation and extension of 19 Watson Road. Twenty-four one- and two-bed apartments range in size from 55sq m to 92sq m (592sq ft-990sq ft) and are located in two four-storey blocks. Nineteen houses, in a mix of three- hnd four-bed terraced units, are from 109sq m to 162sq m (1,173sq ft to 1,744sq ft).
There is also to be a basement car park with 22 parking spaces and bike storage facilities.
Last November a nearby site – closer to the Graduate pub and roundabout – was bought by Michael Cotter’s Park Developments for €9.5 million. The developer intends to seek planning permission for up to 150 apartments on the 1.5 hectares (3.75 acres).
Given the scarcity of apartments in the area, one-beds are likely to sell from €365,000, two-beds from €475,000 and three-beds from €550,000.