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Progressive Credit Union Site

East Wall, Dublin 3

Sale Agreed
Guide Price: €650,000
Property Highlights
Prime Residential Development Site S.P.P
Excellent location in the heart of East Wall, Dublin 3
Site extends to approx. 0.04Ha 0.1 acres
Zoned ‘Z1 Residential’ under the Dublin City Council Development Plan
A feasibility study has been undertaken which estimates an infill scheme of up to 13 units
Property Location

East Wall is one of the city's main arterial hubs, connecting Dublin Port and the expanding Docklands areas with the northern suburbs of Fairview, Clontarf and further north the Malahide Road. In recent years there has been an expansion of the retail offering in the area with a leading line-up of Lidl, Aldi, McDonalds, Centra, Spar and Starbucks all locating on East Wall Road. The North Docklands is currently experiencing a substantial level of investment with the new Central Bank HQ building and the Dublin Landings developments complete. These developments along with the existing Convention Centre Dublin, Spencer Dock, and The Point Village are all within a short walk of the subject property.

East Wall is one of the most accessible locations in the city by both private and public transport. The Port Tunnel, directly accessed from East Wall Road, makes it highly convenient to both Dublin International Airport and the M1 and M50 motorways;
while the East Link Bridge provides quick access to the N11 and South City. The location is located close to Connolly Train Station, the DART, LUAS line and Busaras, which means that the area is popular with young families and  alike.

Property Description

The property comprises a prime corner residential development site extending to approx. 0.04Ha (0.1 acres). Currently, the site contains a single storey credit union and a community centre which extends to approximately 2,482 Sq.ft (230 Sq.m). Internally, the credit union comprises a ground floor banking hall with a consultation suite together with offices, tea station to the rear and attic space overhead. Specification includes plastered and painted walls, fluorescent strip lighting, CCTV and carpet floor covering.

Access to the community centre is from the gated paved area to the front of the property. Internally, the property comprises of a large community centre with kitchen W/C and storage area. Specification includes laminate flooring, plastered and painted walls, suspended ceiling with a mix of spot and fluorescent lighting. There is a shared courtyard to the rear of the properties.

Zoning
The property is Zoned Z1 Sustainable Residential Neighbourhoods €To protect, provide and improve residential amenities€TM under the Dublin City Development Plan 2016 - 2021.

Feasibility Study
While there is no current planning permission pertaining to the property, a feasibility study has been prepared to illustrate the development potential of the subject site, subject to planning permission. This feasibility study, prepared by NMA Architects illustrates the potential of the site to accommodate a scheme comprising a 669 sqm, three-story residential block comprising 13 no. apartments (10*1 beds, 3*2 beds), subject to planning permission. This feasibility pack is available from QRE.

Property Size/Area
0.4 Ha (0.1 acre)
Property Status
Sale Agreed
Energy Performance Indicator
433.75kWh/m²/yr
BER Number
800698953
BER Grade
Location Map

53.352557, -6.237826

Documents

QRE Contact

Brian Kelly
Surveyor
Bryan Garry MRICS MSCSI
Divisional Director
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