Newpark Lodge, Stillorgan Road, Foxrock, Dublin 18, D18E1N0

This is an excellent opportunity to acquire a prime apartment development site in Foxrock that is located on the N11 Stillorgan Road and Quality Bus Corridor. Location Newpark Lodge is located less than 330 meters to the north of Foxrock Church and the junction of Kill Lane and the N11 Stillorgan Road. The subject property is located ten houses to the south of Aberdour and Roselawn which is currently being developed by Richmond Homes to accommodate 142 apartments with a gym and work lounge. The property is located less than 250 metres from Pine Avenue on the far side of the N11, which is currently being developed by Crafthouse Construction and will accommodate 20 apartments in a four€"storey building. Newpark Lodge has a road entrance from the N11 Stillorgan Road and is stepped down from the main road and overlooks an adjoining Sorohan built housing estate, also called Newpark Lodge. The property also has a second road entrance at the south east of the site to access the Newpark Lodge housing estate and Newtownpark Avenuevia Knocksinna Park. There is also a pedestrian laneway leading down to Knocksinna Park and Granville Road which leads on to Newtownpark Avenue. This sloped site should allow for sea views of Dublin Bay in the upper floors of the new apartment development. The subject property has excellent access to the N11 and the Quality Bus Corridor and is also within a short driving distance from Foxrock Village, in addition to Deansgrange, Cornelscourt, Stillorgan, Sandyford, Blackrock and the M50. Foxrock is an established, affluent, residential suburb of Dublin and is located less than 9 km or 20 minutes drive from Dublin City Centre. The immediate area is mainly residential in nature. There are a number of amenities within close proximity to the property €" see later. Description The total site area of Newpark Lodge is approximately 0.33 acres (0.134 hectares) and the site slopes down to a large green area that is shared with Newpark Lodge housing estate. Newpark Lodge is a large two€"storey six bedroom period house of approximately 300 sq.m. in size. The accommodation includes a large living room and dining room, six bedrooms, lower ground floor living room, kitchen, breakfast room, bathrooms etc. We have been informed by the owners that the main house has been dramatically changed over the years to include new extensions to the north, south and west of the property that have increased the size of the house by over 33% from the original period property. Most of the period features have changed to include new windows (changed to horizontal in perspective), fireplaces, ceilings etc. The property was thoughtfully extended and refurbished by Sorohan Builders and benefits from high ceilings and bright and spacious rooms. Most of the original architectural features have been changed but tastefully refurbished to mock older period houses. Development Opportunity Two feasibility studies have been undertaken by separate architects; in addition, Whelan OConnor, Planning Consultants have had pre-planning engagement with Dun Laoghaire Rathdown County Council to replace the existing house with a five storey over basement apartment development containing 18 apartments. The planning feedback from DLRCC was positive, and there is definite scope to replace the existing house and develop an apartment block (18 to 26 units) on the Newpark Lodge site overlooking the green, subject to planning permission. This development has scope for interest from developers catering for the rental, downsizing, student accommodation and retirement home market. With limited development space available within the DLRCC area, this is a unique opportunity to obtain a quality site on a QBC close to many amenities. Amenities The property is located on the N11 Quality Bus Corridor and is also within walking distance of the Luas in Sandyford and a short driving distance from the DART and the M50. There are a number of amenities within close proximity to the property, including schools (Hollypark National School, Loreto Foxrock, Blackrock College, St Andrews College, Newpark Comprehensive School and the new International Baccalaureate School in Sandyford), shopping centres (Cornelscourt, Stillorgan Shopping Centre, Dundrum Town Centre, Amenities Blackrock Shopping Centre, Frascati Shopping Centre, Beacon South Quarter), supermarkets (Dunnes Stores, Supervalu, Lidl,Tesco), local shops (Foxrock Avenue, Newtownpark Avenue, Deansgrange, Cornelscourt), leisure activities (Foxrock Golf Course, Leopardstown Racecourse, Leopardstown Tennis Club, Westwood Leisure Centre, Cabinteely Park) and a host of cafes and restaurants. The property is within a 10 minute bus journey from UCD and IADT. Zoning and Development Potential Zoning €" the site is zoned as €objective A - residential€TMunder the Dun Laoghaire Rathdown county development plan 16/03/2016 15/03/2022 to protect and or improve residential amenity. The property is zoned A residential. Some plans distinguish between residential zones where the land involved is undeveloped and where there is existing housing. The zones related to this latter category are most frequently termed existing residential or some very similar name. Such zones would be classified into this sub-category. The following uses are permitted in principle: Buildings for the health, safety and welfare of the public, childcare facility, community facility, education (excluding a night time use), embassy, enterprise centre, halting site, home-based economic activity, medical and related consultants, open space, park and ride facility, place of public worship, public service installation, residential, shop (neighbourhood), training centre. The following uses are open for consideration: Bed & Breakfast, betting office, car park, civic and amenity/ recycling centre, cultural/recreational building and uses, garden centre, golf course and clubhouse, hostel, hotel, industry (light), media recording and general media associated uses, petrol station, pigeon lofts, public house, restaurant, veterinary surgery. A detailed feasibility report and further information on the pre-planning discussions are available upon request Solicitors Ronan Brennan. Brennan & Co Denshaw House