Marlet places Dublin resi sites on the market for €28m

Marlet Property Group has launched the sale of two residential plots in Mount Merrion and Kinsaley, both located in the Dublin area.

The Kinsaley site (pictured) is situated approximately 13 km north east of Dublin City Centre. It comprises 16.06 acres (67,200 m2) and has full planning permission for 100 housing units. Offers are sought in excess of €15 mln.

The Mount Merrion site, located 7 km south of Dublin city centre, has full planning permission for 63 residential units. Agents are seeking offers above €13 mln for the asset.

Savills Ireland will work on behalf of Marlet Property Group.

‘We believe the properties excellent locations coupled with favourable granted planning permissions and the strong demand for housing in the current market will likely generate a significant interest from national and international developers,’ commented John Swarbrigg, divisional director of development, agency & consultancy at Savills Ireland.

‘Furthermore, the granted schemes are exactly what the market requires in their respective locations.’

The properties are being marketed separately via a private treaty process but there is the possibility of selling both assets in one lot, Savills said.


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