LUXURY RESIDENTIAL DEVELOPMENT ... - Cushman & Wakefield · Cushman & Wakefield LLP on its own...

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LUXURY RESIDENTIAL DEVELOPMENT OPPORTUNITY APPROX. 0.51 HA (1.25 ACRES) BER EXEMPT

Transcript of LUXURY RESIDENTIAL DEVELOPMENT ... - Cushman & Wakefield · Cushman & Wakefield LLP on its own...

Page 1: LUXURY RESIDENTIAL DEVELOPMENT ... - Cushman & Wakefield · Cushman & Wakefield LLP on its own behalf and for vendors or lessors of this property, whose agent it is, gives notice

LUXURY RESIDENTIAL DEVELOPMENT OPPORTUNITY

APPROX. 0.51 HA (1.25 ACRES)

BER EXEMPT

Page 2: LUXURY RESIDENTIAL DEVELOPMENT ... - Cushman & Wakefield · Cushman & Wakefield LLP on its own behalf and for vendors or lessors of this property, whose agent it is, gives notice

Seapoint DART

Booterstown DART

Carysfort National School

BlackrockDART

UCD

Blackrock College

BlackrockShopping Centre

FrascatiShopping Centre

Dominican College Sion Hill

St. Andrew’s College

DUBLIN CITY CENTRE

EUROPA | BLACKROCK | COUNTY DUBLIN LUXURY RESIDENTIAL DEVELOPMENT OPPORTUNITY

ASSET SUMMARY Europa is a luxury development site of approx.

0.51 ha (1.25 acre).

Planning permission for 42 apartments and 9 houses, set out in 3 blocks as follows:

BLOCK A: 39 apartments over 4 storeys.

BLOCK B: 1 house and 3 apartments over 2-3 storeys.

BLOCK C: 8 houses over 3 storeys.

67 basement car parking spaces and four visitor car parking spaces at surface level.

Feasibility study for 109 units is available in the property data room.

Vehicular access via Newtown Avenue.

Page 3: LUXURY RESIDENTIAL DEVELOPMENT ... - Cushman & Wakefield · Cushman & Wakefield LLP on its own behalf and for vendors or lessors of this property, whose agent it is, gives notice

Seapoint DART

Monkstown DART

Dun Laoghaire Harbour DUN LAOGHAIRE

IRISH SEA

FR

ASC

AT

I PA

RK

SY

DN

EY

AV

EN

UE

GEO

RG

E’S

AV

EN

UE

GREEN ROAD

BROOKFIELD AVENUE

MAIN STREET

MARETIMO TER

BARCLAY COURT

TEMPLE PARK AVENUE

AL

MA

RO

AD

TEMPLE H

ILL R

D

R8

25

CA

RY

SF

OR

T A

VE

NU

E

TEM

PLE ROAD

MAIN

STR

EE

T

ROCK HILL

AVOCA AVENUE R

113

TE

MP

LE

HIL

L

R119 MONKSTOWN ROAD

ROCK ROAD

R118

FRASCATI ROAD

N31

N31

GEO

RGE’S

AVE

BLACKROCK DART STATION

SEAPOINT DART STATION

AIRCOACH12 min walk

BLACKROCK DART STATION

10 min walk

SEAPOINT DART STATION

5 min walk

STILLORGAN LUAS STATION

12 min drive

M50 MOTORWAY9 min drive

DUNDRUM TOWN CENTRE

14 min drive

DUBLIN AIRPORT

25 min drive

BLACKROCK

Blackrock, located approx. 7 km south east of Dublin city centre, is one of Dublin’s most affluent and desirable suburbs. Blackrock village is served by a vast array of local amenities, including Blackrock DART Station, Blackrock Park, Frascati Shopping Centre, Blackrock Shopping Centre, and an excellent range of schools and colleges from primary to third level. Carysfort National School, Blackrock College, St. Andrew’s College, Dominican College Sion Hill and UCD Michael Smurfit Graduate Business School are all located in the vicinity of Blackrock village. The M50 motorway, which serves as a gateway to Dublin and the Greater Dublin Area is within 5 km of Blackrock, while Dublin Airport is within a 25-minute drive via Dublin Tunnel. The DART, Dublin’s coastal rail network which connects north Dublin to Co. Wicklow through Dublin city centre, can be accessed via the nearby stations of Blackrock and Seapoint. Several Dublin Bus and Bus Éireann routes also serve Blackrock village. Europa is situated in the south eastern environs of Blackrock village, at the junction of Newtown Avenue and Seapoint Avenue. Seapoint DART Station is within a five-minute walk of Europa.

TOWN PLANNING

Planning policy for Europa is provided under the Dun Laoghaire Rathdown County Development Plan 2016 – 2022 and the Blackrock Local Area Plan 2015 - 2021. Under each plan, Europa is zoned Objective A – to protect and / or improve residential amenity.

CONNECTIVITY

1

2

3

2

2

3

N4

N4

N7

N3

N3

N2

N1

N32

N1

N2

N2

N11

N81

N81

N81

N82

N11

N31

N31

N11

17

16

15

1413

12

11

10

9

1

7

6

5

4

2

1

2

4

5

3

M1

M50

M50

M50

M50

M50

M11

4

3

2

M2

DUBLINAIRPORT

Ballsbridge

GlenagearySandyford

Ratfarnham

Dundrum

Churchtown

Stillorgan

Clonskeagh

Blackrock

MilltownTerenure

Templeogue

Foxrock

Leopardstown

Carrickmines

StepasideCherrywood

DunLaoghaire

Ranelagh

Donnybrook

Crumlin

Drumcondra

Chapelizod

Port Tunnel

Beaumont

CoolockSantry

Finglas

Castleknock

Lucan

Ballyfermot

Walkinstown

DUBLINCITY CENTRE

Clondalkin

Tallaght

Portmarnock

Malahide

Clontarf

Howth

Sutton

Swords

Blanchardstown

Donabate

Ballsbridge

GlenagearySandyford

Ratfarnham

Dundrum

Churchtown

Stillorgan

Clonskeagh

Blackrock

MilltownTerenure

Templeogue

Foxrock

Leopardstown

Carrickmines

StepasideCherrywood

DunLaoghaire

Ranelagh

Donnybrook

Crumlin

Drumcondra

Chapelizod

Port Tunnel

Beaumont

CoolockSantry

Finglas

Castleknock

Lucan

Ballyfermot

Walkinstown

DUBLINCITY CENTRE

Clondalkin

Tallaght

Portmarnock

Malahide

Clontarf

Howth

Sutton

Swords

Blanchardstown

Donabate

IRISH SEA

BLACKROCK VILLAGE BLACKROCK PARK

LUXURY RESIDENTIAL DEVELOPMENT OPPORTUNITYEUROPA | BLACKROCK | COUNTY DUBLIN

Page 4: LUXURY RESIDENTIAL DEVELOPMENT ... - Cushman & Wakefield · Cushman & Wakefield LLP on its own behalf and for vendors or lessors of this property, whose agent it is, gives notice

THE OPPORTUNITY

Europa benefits from full planning permission for 42 apartments and 9 houses (Ref. D17A/0137 APB Ref. PL06D.248456), set out in three blocks, ranging in height from 2 to 4 storeys over a single level basement car park with 67 car parking spaces and four visitor car parking spaces at surface level. An alternative feasibility study demonstrating capacity for 109 units is available to download in the property data room.

UNIT BLOCK LEVEL TYPE SQ M SQ FT

1 A Ground 1 Bed Apt 63 673

2 A Ground 2 Bed Apt 87 941

3 A Ground 1 Bed Apt 63 675

4 A Ground 1 Bed Apt 70 747

5 A Ground 1 Bed Apt 61 657

6 A Ground 1 Bed Apt 56 603

7 A Ground 2 Bed Apt 79 855

8 A Ground 2 Bed Apt 79 850

9 A Ground 2 Bed Apt 84 906

10 A Ground 2 Bed Apt 94 1,014

11 A First 1 Bed Apt 54 576

12 A First 2 Bed Apt 77 830

13 A First 2 Bed Apt 80 859

14 A First 2 Bed Apt 79 850

15 A First 2 Bed Apt 83 892

16 A First 1 Bed Apt 56 603

17 A First 2 Bed Apt 79 855

18 A First 2 Bed Apt 79 850

19 A First 2 Bed Apt 84 906

20 A First 2 Bed Apt 86 921

21 A First 2 Bed Apt 78 844

22 A Second 1 Bed Apt 54 576

23 A Second 1 Bed Apt 57 614

24 A Second 2 Bed Apt 80 859

25 A Second 2 Bed Apt 78 839

26 A Second 2 Bed Apt 83 892

27 A Second 1 Bed Apt 56 603

28 A Second 2 Bed Apt 79 855

29 A Second 2 Bed Apt 79 850

30 A Second 2 Bed Apt 84 906

31 A Second 2 Bed Apt 86 921

32 A Second 2 Bed Apt 78 844

33 A Third 1 Bed Apt 46 490

34 A Third 2 Bed Apt 81 869

35 A Third 2 Bed Apt 83 892

36 A Third 2 Bed Apt 94 1,012

37 A Third 2 Bed Apt 79 850

38 A Third 2 Bed Apt 84 906

39 A Third 2 Bed Apt 98 1,054

40 B Ground 2 Bed Apt 79 849

41 B First 2 Bed Apt 86 928

42 B Second 2 Bed Apt 101 1,082

43 B Ground and First A - 3 Bed House 109 1,174

44 C Ground, First and Second B - 3 Bed House 123 1,323

45 C Ground, First and Second B - 3 Bed House 123 1,323

46 C Ground, First and Second B - 3 Bed House 123 1,323

47 C Ground, First and Second B - 3 Bed House 123 1,323

48 C Ground, First and Second B - 3 Bed House 123 1,323

49 C Ground, First and Second B - 3 Bed House 123 1,323

50 C Ground, First and Second B - 3 Bed House 123 1,323

51 C Ground, First and Second B - 3 Bed House 123 1,323

TOTAL 4,307 46,355

SCHEDULE OF ACCOMMODATION

Granted Scheme

EUROPA | BLACKROCK | COUNTY DUBLIN LUXURY RESIDENTIAL DEVELOPMENT OPPORTUNITY

Computer generated images of the permitted development. For indicative purposes only.

BLOCKNET

RESIDENTIAL (SQ M)

GROSS RESIDENTIAL

(SQ M)

RESIDENTIAL NET:GROSS

A 2,949 3,596 82%

B 983 1,021 96%

C 377 423 89%

TOTAL 4,309 5,040 86%

BLOCK 1 2 3 TOTAL

TYPE UNITSAVG. SQ M

UNITSAVG. SQ M

UNITSAVG. SQ M UNITS

AVG. SQ M

Studio 2 51 - - - - 2 51

1 Bed 34 53 18 54 - - 52 53

2 Bed 25 81 22 80 6 77 53 80

3 Bed 2 106 - - - - 2 106

TOTAL 63 65 40 68 6 77 109 67

Feasibility Summary

EUROPA | BLACKROCK | COUNTY DUBLIN LUXURY RESIDENTIAL DEVELOPMENT OPPORTUNITY

Granted Scheme Gross to Net Summary

Page 5: LUXURY RESIDENTIAL DEVELOPMENT ... - Cushman & Wakefield · Cushman & Wakefield LLP on its own behalf and for vendors or lessors of this property, whose agent it is, gives notice

Cushman & Wakefield LLP on its own behalf and for vendors or lessors of this property, whose agent it is, gives notice that: (1) The particulars are produced in good faith, but are a general guide only and do not constitute any part of a contract. (2) No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatsoever in relation to this property. (3) The property is offered subject to contract and unless otherwise stated all rents are quoted exclusive of VAT. (4) Nothing in these particulars should be deemed a statement that the property is in good condition, or that any services or facilities are in working order. (5) Unless otherwise stated, no investigations have been made regarding pollution, or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required. Publication Date: January 2019. Designed and Produced by Creativeworld. T 01282 858200.

TITLEA title summary and copy of the contract for sale is available in the property data room.

SERVICESProspective bidders are advised to satisfy themselves regarding the presence, adequacy and availability of all services to Europa. Notwithstanding the foregoing, information on services is contained within the property data room.

INSPECTIONSInspections are available by prior appointment only with the sole selling agent.

WEBSITE AND DATA ROOMFurther legal and commercial information is available through the bespoke property website and data room:

www.europablackrock.com

BERExempt.

CONTACTS SOLE AGENT

John Donegan+353 1 639 [email protected]

Sam Carthy+353 1 639 [email protected]

Cushman & Wakefield164 Shelbourne RoadBallsbridgeDublin4

www.cushmanwakefield.ie

PSRA: 002222

SOLICITOR

Evin McCarthy+353 1 605 [email protected]

Ronan Daly JermynThe ExchangeGeorge’s DockIFSCDublin 1

www.rdj.ie