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Large-scale industrial development opportunity

Dublin, Ireland

94%

€34.000.000

Land

#14494

Value-Add, Opportunistic

29 Oct 2024

Property Details

Broker

For sale

37 ha

Freehold

Industrial

Under the Development Plan, the entire lands are zoned ‘General Employment’ which is described as to ‘Provide opportunities for general enterprise and employment.’ Lands zoned ‘General Employment’ are to facilitate opportunities for compatible industry and general employment uses, logistics and warehousing activity in a good quality physical environment. General employment area should be highly accessible, well designed, permeable, and legible.

We understand all public services are available to the property. Best and final bids are due no later than 12:00pm local time Thursday, 6 October 2022.

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Fees

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0.40 %

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0.40 %

Investment Overview

The Lands are situated along St. Margaret’s Road, Balseskin, Co. Dublin. This large landholding is positioned adjacent to the M50 and N2 motorway, making this one of the most high profile industrial locations in Ireland. The property predominantly comprises a greenfield development site, agricultural in use and irregular in shape, extending to approximately 36.9 ha (91.4 acre). The lands benefit from excellent road networks which include the M50 & N2 motorways, that can be accessed via Junction 5, travelling from the west and east along the M50. The eastern part of the lands is generally flat throughout and has excellent road frontage providing one of three main access points. The southern part of the lands, consisting of approx. 59 acres slope slightly in a southern direction towards the M50 boundary. The northern section of the lands extending to approximately 12.1 Ha (30 acres) and is adjacent to Dublin Inland Port, while to the east is the Balseskin Reception Centre. Throughout, the 37.0 ha (91.4 acres) of land there is mainly wooden fencing along the perimeter, encompassed with hedgerows, mature trees and mounds. The site represents an opportunity to deliver a substantial industrial scheme, (subject to planning permission) to meet the ongoing demand in this sector.