Development Opportunity In Shankill

Mill Lane/ Shanganagh Road, Shankill, Co. Dublin

Dublin, 21 June 2017 – CBRE are delighted to be instructed to bring a residential development site on the corner of Mill Lane and Shanganagh Road to the market for sale by Private Treaty. The property is located close to the junction of Commons Road and is located within a short walking distance of the N11 the Quality Bus Corridor in Loughlinstown, Cherrywood and Shankill DART station.

The property comprises a regular shaped site of approximately 0.36 hectares (0.88 acres) with frontage and road access on Shanganagh Road.

The property has full planning permission in place for 4 large 2 storey detached houses with 8 off street car parking spaces - D08A/0531. There was lapsed permission for a further 3 houses at the end of the Mill Lane site facing onto Shanganagh Road.

CBRE are quoting a sales price in the region of €900,000 for this property.

Robert Colleran, Director, CBRE Ireland Development Land
This is an excellent opportunity to acquire a ready to go residential site with full planning permission for 4 detached houses, there may also be potential to apply for planning permission for more houses on the site.
Robert Colleran, Director, CBRE Ireland Development Land

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com

CBRE U.C., (CBRE Ireland) registered in Ireland, no. 316570. PSRA Licence No. 001528 is the country’s largest commercial real estate services company with offices in Dublin and Cork. Currently employing over 135 employees, we work with occupiers, investors and developers of office, industrial and logistic, retail, hotel and healthcare property, providing strategic advice and execution for property sales and leasing; tenant representation, corporate services; property and project management; appraisal and valuation; development services; investment management and debt advisory; business rates and compulsory purchase and research and consulting. Please visit our website at www.cbre.ie