Tax-designated site in Clondalkin expected to sell for £2.8 million

 

A tax-designated site of 3.5 acres beside The Mill Shopping Centre in Clondalkin, Co Dublin, is to be offered for sale by tender on April 7th.

Mr Andrew Bradley of Douglas Newman Good is quoting a guideline price of £800,000 per acre for the land at the rear of South Dublin County Council's regional offices.

The site forms most of the grounds of Brookfield House and is on the northern side of Main Street. The entrance is off Ninth Lock Road, opposite The Mill Centre, while the southern boundary has almost a full frontage to the Camac River.

Bradley says the planners are anxious that the site should be used for a mixed commercial and residential scheme. A three-storey development would fit in quite happily, but the planners have reserved their position on a scheme of four storeys or more until detailed plans are presented to them.

Tax incentives are available for a range of schemes including industrial, residential, car-park, offices, retail or a hotel.

However, the site is zoned for industrial and related uses in the 1998 South Dublin County Council Development Plan. If the purchasers decide on a residential scheme, the planners will be insisting that part of it be used for social and affordable housing, according to the selling agent.

The site is in an area which is likely to undergo rapid development in the coming years. Dunloe Ewart, the owner of The Mill Centre, is expected to proceed with a range of commercial schemes on a large site it has acquired adjoining the shopping complex on the new Nangor Road. It has lodged a planning application for 230 apartments, 60,000 sq. ft of offices, a drive-through restaurant and a filling station. Superquinn is also seeking planning permission for a food-store and a strip mall with 12 retail outlets.

Under the tax incentive scheme, there are 100 per cent capital allowances available for commercial projects up to the end of 2002.

Hamilton Osborne King is offering a site of 7.2 acres in the tiny village of Rolestown at Kilsallaghan in north Dublin for sale by auction on March 22nd.

The land is almost half way between Swords and Ashbourne. Fingal Co Council is planning to draw up an action plan for the area but in the meantime the site is zoned "to protect and enhance the special physical and social character of rural villages and to improve the village facilities in accordance with an approved action area plan".