Mounttown Business Park, Dun Laoghaire, Co. Dublin

Prime South Dublin Investment and Development Opportunity (S.P.P)

Location

• The subject property is located approximately 12km southeast of Dublin City Centre in the heart of Dun Laoghaire Rathdown, just a short distance from both Monkstown (approx. 1.5 km) and Dun Laoghaire (approx. 1km).
• The property is located on the Mounttown Road Lower, which lies between both the Tivoli and York roads to the northeast, and the Oliver Plunkett road and Glenageary Road upper to the southwest.

Description

• The existing property comprises a light industrial scheme of 7 units that extends to approx. 15,134 sq ft (1,406 sq. m) on a 0.25 ha site (0.63 acre).
• Current passing income of approximately €241,800 per annum. 
• The remaining vacant unit currently the subject of lease negotiations and, if successfully concluded at the anticipated rent, total passing income would increase to approximately €291,800 per annum.
• The property is not subject to Residential Zoned Land Tax.
• Two feasibility studies have been prepared by HKR Architects, setting out alternative residential development options (S.P.P.).
  • The first option proposes a 34‑unit apartment scheme comprising 16 one‑bed apartments, 16 two‑bed apartments and 2 three‑bed apartments.
  • The second option presents a 16‑unit mixed‑use scheme, predominantly comprising houses. This includes 14 three‑bed houses and 2 one‑bed apartment

Contact Ross Harris or Nicola Gilleece for more info.