Prime Residential Development Site with FPP for 18 Family Homes

Norabrook - 119 Howth Road, Clontarf, Dublin 3

Dublin, 2 September 2015 – CBRE has been instructed to offer a unique 0.69 hectares (1.7 acre) residential development site on the Howth Road, Clontarf to the open market by way of Private Treaty.

The site known as Norabrook, which benefits from Full Planning Permission for 18 large family homes, is nestled in the affluent residential suburb of Clontarf at 119 Howth Road adjacent to the intersection of St Lawrence Road and The Howth Road. Norabrook currently comprises a derelict residential dwelling with extensive frontage of approximately 76m onto the Howth Road. The coastal community of Clontarf presupposes a lifestyle of comfort and elegance by providing an array of amenities including boutiques, salons, restaurants, cafés, health & fitness clubs as well as sporting facilities including golf clubs, Clontarf Rugby & Cricket Clubs and Clontarf Yacht Club

Norabrook benefits from a 5 year grant of planning permission as of 21st November 2014 to develop an exclusive scheme of 18no.dwellings comprising 3no. 4 bed. + study three storey

detached houses, 8no. 4 bed. + study three storey semi- detached houses and 7no. 4 bed. + study three storey. The property is mainly zoned Objective Z1, ‘to protect, provide and improve residential amenities’ with a small portion being zoned objective Z 2 ‘ to protect / or improve the amenities of residential conservation areas’ in the Dublin City Development Plan 2011 – 2017.

The proposed scheme has been designed by award winning architects McCrossan O’Rourke who have a vast experience in the design of such quality infill development opportunities. The engineering design element has been undertaken by LMC Engineers with the landscaping has been designed by Ronan McDiarmada & Associates.

Norabrook represents an opportunity to provide a mix of large family dwellings in an intimate neighborhood environment close to all amenities and has been designed to be predominately red bricked to blend in with the neighboring and adjacent homes.

CBRE are quoting a guide price of €4.950,000 for the entire site.

Peter Garrigan, Surveyor, Development Land
Norabrook, with its ideal lot size, presents interested parties with an opportunity to develop a prestigious residential scheme further establishing Clontarf as one of Dublin’s premier residential addresses. Due to its lot size and favorable planning permission we believe this trophy asset will appeal to both domestic and international bidders
Peter Garrigan, 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.