A large detached home on 3.7 acres at Killiney, Co Dublin, with planning permission for 11 detached houses, is to be sold by tender next month through agents Finnegan Menton. It is one of the best development opportunities to come on the market in the area for several years.
The agents are quoting a guideline price in excess of £3.5 million for Coundon House and the land on Killiney Avenue, which is to be sold in either one or two lots on November 9th.
Coundon House, an impressive seven-bedroom detached house with 5,900 sq ft of space, stands on two acres of gardens that include a floodlit tennis court and a summer house. The main house was built by Lord Ellippe for his son in the same style as his own home, Coundon Hall, in London. It has three large reception rooms and is ideal for entertaining.
The adjoining site of 1.7 acres has planning permission for eleven houses, which will have views of the Dublin mountains and the Sugar Loaf.
The site is fully serviced and has over 400 ft of frontage on to Killiney Avenue. The split-level detached houses, ranging from 1,700 to 1,800 sq ft, will be built in an elevated area with an interesting cul-de-sac lay out. The houses were designed by Maurice FitzGerald of architects FitzGerald Kavanagh.
Finnegan Menton says there is a constant demand for houses in Killiney and particularly in this location, near Killiney DART station. The area will also be enhanced by the completion of the South Eastern Motorway close by at Loughlinstown, which will link the Stillorgan road with the M50. The site is also a short distance from the Cherrywood Science and Technology Park.
The property is likely to be of interest to a wide range of builders because the price is within their range. It will also attract the attention of developers anxious to retain their staff until planning permission for larger schemes comes through.
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