Prime development site in heart of Dublin's political beltway seeks €1.7m

• Published date: 06 September 2023
• Publication title: Irish Times: Web Edition Articles (Dublin, Ireland)

The property, currently in use as a surface car park for 24 vehicles, is being sold with the benefit of full vacant possession. It is zoned Z10, the aim of which is "to consolidate and facilitate the development of inner city and inner-suburban sites for mixed uses" under the Dublin City Development Plan 2022-2028. Permissible uses under this zoning include residential, office, hotel, guest house and childcare facility. Quite apart from providing the opportunity for development subject to planning permission, the site offers the buyer the potential for short-term income through the letting of its car spaces during the planning process

The site is located next to the new, partially pedestrianised James Street East and a number of major office developments including the aforementioned Miesian Plaza, and Fitzwilliam 27 and Fitzwilliam 28. These extensive redevelopments have served to attract a range of high-profile tenants to the area, including the Department of Health, Shire Pharma, the ESB and SMBC Aviation...