A 5.91 acre site in the heart of Dublin’s docklands has been placed on the market with a guide price of €110 mln on the instruction of David Carson, statutory receiver.
Savills and Cushman & Wakefield are joint selling agents.
Known as City Block 3, the site is one of the last remaining development opportunities in Dublin’s Docklands and within the Strategic Development Zone (SDZ).
The asset is being offered for sale in three lots, with a guide price of €45 mln for the residential site involving planning permission of 347 residential units and €65 mln for the commercial site encompassing nearly 31,000 m2.
Joint agents Savills and Cushman and Wakefield Ireland commented: 'The site is one of the most prominent large-scale development sites within the city centre, in a highly sought-after location to both live and work. This significant land bank offers the opportunity to deliver a new urban campus for the North Docklands, all within walking distance of major retail, cultural and leisure centres, while also adjoining the IFSC (International Financial Services Centre), regarded as one of Dublin’s premier business addresses.'
