A site in Bluebell, Dublin, with planning permission for 358 apartments and 4 commercial/community units, has been placed on the market by Savills with a guide price of excess €12m. The development has full planning permission for a significant apartment scheme of 358 units on a site extending to approximately 2.65ha (6.55 acres). The permitted scheme comprises a mix of one-, two-, and three-bed apartments. The various unit types extend to the average floor area of 576ft², 915ft² and 1,140ft² respectively. Furthermore, the development will benefit from 4 commercial/community units including a creche, gym, residents lounge and business suite. The site currently has planning for 358 secure basement car parking spaces.
The site is located approximately 150m from the Bluebell Luas Red Line Stop providing rapid access to the city centre. It is adjacent to Lansdowne Gate apartment scheme and Lansdowne Valley Park, and benefits from a close proximity to the M50 Motorway providing good access to all parts of the City.
John Swarbrigg of Savills commented: “With a strong rental market in Dublin at present, we expect strong demand from both national and international developers for this strategically located apartment development opportunity which is located very close to the LUAS Red Line and offers significant scale to the eventual purchaser.”