Prime Residential Development Site with FPP for 16 Family Homes in Templeogue Village
8th February 2017 – CBRE has been instructed to offer a unique 0.46 hectares (1.13 acre) residential development site on the Templeogue Road, Templeogue, Dublin 6W to the open market by way of Tender on Thursday 23rd March 2017 at 12 noon.
The site, ideally located within an affluent and desirable south Dublin suburb is also situated in close proximity to Terenure village (1.5km) and Dublin City Centre (6km) and benefits from direct access onto the M50. The surrounding area benefits from an array of facilities and amenities including schools, shops, restaurants, bars and parks. The area is also well served by public transport while a Quality Bus Corridor (QBC) which runs along the Templeogue Road. The property also has the added benefit of being located within close proximity to an abundance of amenities including a host of championship golf courses as well as enjoying panoramic views of The Dublin Mountains.
The property benefits from full planning permission (Reference No: SD15A/0036) for demolition of existing buildings and the development of 16 residential family homes consisting of 4 No. 4 bed, end terrace houses (151 sq m – 169 sq m), 4 No. 3/4 bed, mid terrace houses (145 sq m – 168 sq m) and 8 No. 4 bed semi detached houses (112 sq m – 169 sq m).
The subject lands are zoned ‘Objective RES – Residential - to protect and/or improve residential amenity’ under the South Dublin County Development Plan 2016 – 2022. In
This is a truly rare opportunity to develop an in-fill residential housing scheme in an intimate neighborhood environment close to all amenities.
CBRE are guiding excess €3,450,000 for the entire site.
“The Templeogue area has continued to witness an upsurge in demand for residential units however the provision of sufficient stock has been somewhat limited. The in-fill opportunity represent one of the few opportunities in the past 20 years to develop a housing scheme in Templeogue Village’’.
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.