Investments
Ref 69440

19/20 Lombard Street & 112/114 Townsend Street

South City Centre
Dublin 2, D02 X956

Available on request
Size7.212 ft² / 670 m²

Summary

Prime development site of approx. 670 sq m (0.165 acres) - For Sale by Private Treaty

  • Prime development site benefiting from an excellent location in Dublin’s Central Business District
  • Brownfield site extends to 0.06 ha (0.165 acres)
  • Zoned Z5, to consolidate and facilitate the development of the central area and to identify, reinforce, strengthen and protect its civic design, character and dignity
  • Feasibility study showing potential for a 127 bed hotel or 89 bed apart hotel (SPP)
  • Other notable permitted uses under the above zoning objective include residential, PBSA and offices
  • The site benefits from high profile frontage to onto both Lombard Street and Townsend Street
  • Situated close to numerous transport links including DART, LUAS and Dublin Bike stations

Description

The brownfield site extends to approximately 0.06 ha (0.165 acres) and benefits from high profile corner frontage at the intersection between Lombard Street and Townsend Street.

There are currently several buildings on the site, all of which are derelict and vacant.

The site is broadly rectangular in shape and has a level topography throughout. It is bounded by an unnamed laneway to the west, Lombard Street to the east, Townsend Street to the north and Countess Markievicz House (apartments) to the south.

There is no active planning application or decisions associated with the site.

The surrounding area is mixed use in nature with numerous residential developments, prime office blocks and retail cafes and restaurants serving the immediate area.

Location and Transport

The location is serviced by an abundance of public transport links that are conveniently accessible, with Pearse Street Dart/train station, LUAS Red/Green Line, Aircoach, numerous Dublin Bus routes and Dublin Bike stations, all within short walking distance of the site.

The micro location is continuing to undergo significant regeneration which will further
improve rental levels, demand and overall appeal to the property.

The area’s close proximity to Trinity College, Grafton Street, numerous major employers as well as ongoing new developments offers an opportunity for a new, best in class, sustainable development in a highly accessible location, subject to planning permission.

The site is surrounded by a wide range of large international and domestic employers such as Three,
Dillon Eustace, Meta, William Fry, Grant Thornton,Google and Hubspot.