V.F.I. House, Castleside Drive, Dublin 14, D14N8N8

Prime Residential Development Opportunity – Castleside Drive, Rathfarnham, Dublin 14 Asking Price: Offers Over €1.75 Million A rare opportunity to acquire a substantial residentially zoned development site in one of South Dublin’s most established and desirable suburban locations. Positioned directly opposite Rathfarnham Castle and its parklands, and within a short walk of Rathfarnham Village, this property offers exceptional redevelopment potential in a highly sought-after residential area. Currently in office use, the property benefits from Existing Residential (RES) zoning under the South Dublin County Development Plan 2022–2028. Two feasibility studies demonstrate the potential for either a high-quality housing scheme or a modern apartment development, making this an attractive opportunity for developers and investors. Key Property Details • Location: Castleside Drive, Rathfarnham, Dublin 14 • Site Area: 0.303 ha / 0.75 acres • Zoning: Existing Residential (RES) • Current Use: Offices partially let returning €63,000 • Feasibility: Potential for 10 large houses or 35 apartments • Guide Price: Offers Over €1.75 Million Existing Income • Partial ground floor let on an expired lease at €33,000 per annum • First floor leased at €30,000 per annum with two years remaining • Deeds of renunciation in place for both leases Location The property is situated immediately off Rathfarnham Road at the entrance to Castleside Drive, offering excellent connectivity and amenities. Residents will benefit from proximity to: • Shops, cafés, and services in Rathfarnham Village • Extensive parklands at Rathfarnham Castle • Retail and leisure facilities at Dundrum Town Centre • Convenient access to the M50 Motorway and Dublin City Centre This established suburban setting combines excellent transport links, strong local amenities, and significant green space, making it highly attractive for residential development. The Site The site is broadly regular in shape and extends to 0.304 ha / 0.75 acres. Access is provided via a single vehicular entrance from Castleside Drive. Surrounding development is predominantly residential, including houses and apartment blocks. Existing Building The existing structure comprises a two-storey red brick office building dating from the mid-1980s, with an extension added in the late 1990s. The building sits centrally on the site and is surrounded by surface car parking on three sides. Services We understand that foul and surface water drainage runs through the rear of the site. Interested parties should satisfy themselves regarding the availability and capacity of services. Feasibility Option 1 – Family Housing Scheme * 10 no. 5-bedroom houses * Approx. 225 sq m per unit * Density: 36 units per hectare Option 2 – Apartment Scheme * 35 apartments across four storeys * 6 × 1-bed * 21 × 2-bed * 8 × 3-bed * Generous unit sizes exceeding minimum standards Summary The VFI House site represents a rare development opportunity in a mature and highly desirable South Dublin location. With strong planning context, excellent local amenities, generating an attractive short term income and with clear development potential. Guide Price: Offers Over €1.75 Million Last Date for Receipt of Offers 12 Noon Friday 24th April 2026.