Strong price for Killiney infill site

An unlisted period house in Killiney on 0.3 acres has just been sold to a developer for €990,000 through agent CBRE. This gives it a site value of €3.3 million per acre – a strong price for redevelopment land even in this affluent southside location within walking distance of Dalkey and Killiney villages.

The property – Springhill House on Springhill Park – is located just off Killiney Road with an abundance of schools and leisure facilities nearby. Springhill House is a detached three-storey building with five bedrooms and 333sq m (3,584sq ft) in need of total refurbishment. As it’s unlisted, it could be demolished to make way for three to four houses, subject to the necessary planning permission, on the corner site. The land is zoned residential and is surrounded by established housing.