58, 59, 61 Grenville Lane, Dublin 1, D01T298

For Sale By Private Treaty with Full Planning Permission This is a good opportunity to acquire a shovel ready city centre site with full planning permission for 12 apartments with no Part V requirement. This small infill development site may appeal to small builders/investors or some Approved Housing Bodie's given its close proximity to local amenities, shopping and significant public transport facilities. The subject property is located to the immediate rear of 58/59 & 61 Mountjoy Square West and is less than 260 meters walking distance from Mountjoy Square via Hill Street and Grenville Street. Mountjoy Square has over 4 acres of public park with a newly refurbished playground, St. Brigid's Day Nursery, basketball court, playing pitch and Dublinbike.ie bicycle racks. The subject property is less than 270 meters walking distance from Parnell Street and 450 meters from the LUAS station and the top of O’Connell Street. It is within a short walking distance from Croke Park, Dorset Street, Parnell Street and a host of amenities including local schools, hotels, city centre shops, cafes and restaurants. There are also a host of shopping facilities within a short walking distance of this location that my appeal to residential tenants e.g. Tesco Metro, Lidl, Aldi, Ilac Shopping Centre (Dunnes Stores) as well as several hospitals and new developments under construction on O'Connell Street - Clerys (McKillen)and Dublin Central (Hammerson). The Grenville Lane property is in close proximity to significant public transport facilities, the Parnell LUAS (tram) station is less than 7 minutes walking distance from the property and there are over 32 Dublin bus routes within 500 meters from the property including the air coach serving Dorset Street, Parnell/ O'Connell Street as well as several train stations within a short walking distance from the property (Connolly and Drumcondra). The LUAS extension and TU Grangegorman has had a very positive impact on this part of town and the Dublin 1 area, with a strong growth in demand for residential properties in the area, spin off businesses and retail offerings. PUBLIC TRANSPORT NETWORK 32 local Dublin bus routes 5 minutes Parnell Street LUAS Station 7 minutes Connolly Train Station 16 minutes Drumcondra Train Station 15 minutes O'Connell Street Aircoach 10 minutes Description The subject property is located at the rear of 58/59 & 61 Mountjoy Square West and is located at the end of Grenville Lane facing directly onto Hill Street. The subject property provides 2 regular shaped sites at the rear of Mountjoy Square West with direct access from Grenville Lane, Hill Street and Grenville Street. The overall property comprises an area of approximately 450 sq.m. or approx. 0.03 hectares (0.1 acres), with access from Grenville Lane & Hill Street. There is full planning permission in place to knock the adjoining 2 storey industrial units and develop two 4 storey apartment blocks with 12 apartment units. 58/59 Grenville Lane 5 x one Bedroom apartments 1 Studio apartment 61 Grenville Lane 6 one Bedroom apartments We understand that both industrial units already have water, drainage and electricity in place and were functioning up until recently. These could be used as a workshop or storage space in the short term before developing out. 58 Grenville Lane (warehouse) the contribution is €12,000 for Luas and another €12,860 for amenities. 61 Grenville lane - the contribution of €12,000 p.a is the same but the other contribution for amenities is €36,972 despite being of similar sizes and amount of units. Planning Permissions Ref. 5757/25 Ref 5756/25 The vendor has achieved full planning permission for a 4 storey residential apartment development containing 12 no. apartments. 9 one bedroom apartments, 1 studio apartment plus 19 bicycle racks. A full set of floor plans and CGI images are available upon application. TOWN PLANNING The property is currently zoned Z1 zoning objective for the site 2022 - 2028. SERVICES We understand that all mains services are available to the property. However, interested parties are required to satisfy themselves as to the adequacy of all services. TITLE We understand the property is held Freehold. Location: 58/59 & 61 Grenville Lane is located to the west side of Mountjoy Square with direct access on to Hill Street and Parnell Street. The subject property benefits from a central Dublin City location, close to the junction of Parnell Street and O’Connell Street . The property is also located close to the LUAS stations on Parnell Street and O’Connell Street, Connolly Train Station, the Air coach and a host of city centre bus routes and Dublinbike stations. There are a host of city centre shops, shopping centres, hospitals, offices, colleges, cafes/bars and restaurants located nearby in the immediate area. Adjoining properties in the immediate area include the new Hill Street House co-living development, the Writers Museum, James Joyce Museum, Alpha College of English, Darc Space Gallery, Cobalt Café & Gallery, Belvedere College, the Gate Theatre etc. The immediate area has experienced extensive development over the past number of years with a number of large residential schemes in the area including Father Scully House and new student accommodation buildings on Gardiner Street/ Summerhill, Dominick Street and Dorset Street to name but a few. The TU Grangegorman Campus has approx. 22,000 students and staff and there may be demand for up to 10,000 residential rental units from students and lecturers in the area or along the LUAS line. Zoning The property is zoned objective “Z1 – ‘Sustainable Residential Neighbourhood’ under the Dublin City Development Plan 2022 - 2028 To protect, provide and improve residential amenities The vision for residential development in the city is one where a wide range of accommodation is available within sustainable communities where residents are within easy reach of services, open space and facilities such as shops, education, leisure, community facilities and amenities, on foot and by public transport and where adequate public transport provides good access to employment, the city centre and the key district centres. The policy chapters, especially Chapters 5 – Quality Housing, and 12 – Sustainable Communities and Neighbourhoods, detailing the policies and objectives for residential development, making good neighbourhoods and standards respectively, should be consulted to inform any proposed residential development (see Chapter 16, Section 16.10 – Standards for Residential Accommodation). In both new and established residential areas, there will be a range of uses that have the potential to foster the development of new residential communities. These are uses that benefit from a close relationship with the immediate community and have high standards of amenity, such as convenience shopping, crèches, schools, nursing homes, open space, recreation and amenity uses. Zoning Objective Z1 Permissible Uses Buildings for the health, safety and welfare of the public, childcare facility, community facility, cultural/ recreational building and uses, education, embassy residential, enterprise centre, halting site, homebased economic activity, medical and related consultants, open space, park-and-ride facility, place of public worship, public service installation, residential, shop (local), training centre. Open for Consideration Uses Bed and breakfast, betting office, car park, civic and amenity/recycling centre, garden centre, golf course and clubhouse, hostel, hotel, industry (light), live/ work units, media-associated uses, petrol station, pigeon lofts, public house, restaurant, veterinary surgery.