Prime Development Site Dublin Docklands with Planning Permission

Dublin, 6 November 2015 – CBRE have been instructed to offer an exceptional development site, with full planning permission for a mixed use scheme, in the heart of Dublin Docklands to the market by way of Private Treaty.

The high profile development site of approximately 0.05 hectares (0.128 acres) adjoins the renowned Georges Court office development and provides extensive frontage onto Gloucester Street of approximately 27m. The property benefits from full planning permission, 3622/08x1, for the development of an eight storey mixed use scheme incorporating offices, retail and residential space. The entire development originally granted in 2008 extends to approximately 4,223 sqm (45,456 sqft). Three, 2 bed, penthouse apartments, provide stunning views of Dublin city while the open plan office lies beneath together with approximately 200 sqm (2,153 sqft) of retail space at ground floor.

The South Docklands has undergone substantial re-development and is considered one of Dublin’s most sought after residential/office/student accommodation location.

This property has the benefit of excellent public transportation links including the DART commuter rail service, numerous Dublin Bus / Bus Eireann routes and the LUAS tram line situated nearby in the north docks area. The surrounding area has excellent road infrastructure with Moss Street forming a north-south spine across the Liffey to the IFSC, the Port Tunnel and in turn Dublin Airport and the M50.

The property is situated in an area zoned Objective ‘Z5’, (Mixed Use) under the Dublin City Council Development Plan 2011-2017. The property is also located within the George’s Quay Local Area Plan in 2012 which supports a number of uses within the parameters of the Z5 zoning such as office, residential and student accommodation.

CBRE are quoting a guide price of €1m for the site.

Peter Garrigan, Senior Surveyor, Development Land
This exciting opportunity provides interested parties with a rare opportunity to acquire a development site, with the benefit of full planning permission, in the heart of Dublin’s Docklands.
Peter Garrigan, Senior Surveyor, 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.

In Ireland, with offices in Dublin and Belfast, CBRE is the country’s largest commercial real estate services company, now employing over 165 employees and offering a full range of property services including property sales and acquisitions, leasing and management, investment, corporate services, debt advisory, project management, consultancy, business rates and compulsory purchase, valuations and research. Please visit our website at www.cbre.ie or www.cbre.ie/ni.