Director - Development Land

Ollie Lyons

Prime Development / Investment Opportunity (S.P.P.)<ul><li>High profile development site extending to 0.32 acres (0.13 ha)</li><li>Prime, affluent, South Dublin location</li><li>Excellent planning precedent</li><li>Potential for 143 bed hotel or 170 bed student accommodation scheme over 7 storeys (SPP)</li><li>Z4 Zoning – PBSA, hotel and residential uses permissible / open for consideration</li><li>Convenient connectivity to Dublin’s CBD and third level institutions</li><li>UCD Campus with 38,000 students 3 bus stops away</li><li>Option to extend Circle K Licence Agreement to 31st March 2026</li><li>Rental income of €165,000 per annum</li><li>Deed of Renunciation agreed with licensee</li></ul><h2>Description</h2>This prime development opportunity occupies a high profile location with prominent, dual frontage to Donnybrook Road (50 meters) and Brookvale Road (55 meters) in the centre of Donnybrook. Donnybrook Lawn Tennis Club and Eglington Place, a 12 storey 148 apartment unit development are also located in the immediate vicinity of the site. Circle K currently operate a petrol filling station with covered forecourt and associated convenience store from the existing buildings under a short-term licence agreement. The site, extending to approximately 0.32 acres (0.13 ha), is irregular in shape and has level topography. It is bounded by Donnybrook Road to the north and east, Atlas Autoservice to the south and Brookvale Road to the west. Energia Park (Donnybrook Stadium), Donnybrook Lawn Tennis Club and Eglington Place, a 12 storey 148 apartment unit development are also located in the immediate vicinity of the site. Circle K currently operate a petrol filling station with covered forecourt and associated convenience store from the existing buildings under a short-term licence agreement. There is dual access to the property via both Donnybrook Road and Brookvale Road.

Summary

The property is situated in Donnybrook, approximately 4km south of Dublin City Centre. Donnybrook is an affluent suburb on the fringe of the south city centre and is regarded as one of Dublin’s most sought-after residential addresses. The village is adjacent to Dublin City Centre, Ballsbridge, Ranelagh and the Dublin Docklands, and boasts excellent connectivity situated within easy reach of Dublin’s main employment hubs. The area enjoys a wide variety of social and sporting amenities with many cafes, bars, restaurants, fitness centres and sports clubs as well as Herbert Park and the Dodder River Greenway. On the Doorstep of Ballsbridge, the broader area is home to a number of Embassies. The immediate surrounding area is a mixed high end residential and commercial location including private family residences and commercial developments.

Circle K

Dublin

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Default - Default - Surface

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DisclaimerJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Your access
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Circle K

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