A significant GE zoned land holding has just been launched to the market by Knight Frank on behalf of the Receivers Grant Thornton at a guide price of excess €2.8 million exclusive.
Extending to 27.99 acres, this single block holding is ideally situated in a strategic location between Dublin Airport and the M50 Motorway in Dubber, Co. Dublin. The lands are currently accessed from both the R122 and Dubber Cottages.
Dublin Airport Logistics Park and Horizon Logistics Park and in close proximity while Harristown Bus Depot, IKEA, North Park and Charlestown Shopping Centre are also nearby.
The lands are ideally positioned to benefit from easy access to the extensive motorway network and Port Tunnel. Also, Junction 5 of the M50 Motorway is within approx. 2.5km while Junction 2 of the N2/M2 Motorway and the M1/M50 interchange are within approx. 4.5km and 6.5km respectively.
The lands are currently in in agricultural use and represent a rare opportunity to acquire such an extensive, zoned, greenfield land bank. Under the recently adopted Fingal Development Plan 2017 – 2023, the subject lands are zoned Objective GE – “General Employment”. Furthermore, the Development plan provides for the preparation of a Masterplan of the immediate area to include the subject lands.
Based on the current zoning, the lands would likely suit a variety of uses including Industrial, Logistics, High Technology Manufacturing, Warehousing & Wholesale (S.P.P.). Subsequently, an incoming purchaser has a chance to acquire a significant holding in an established logistics park location that would be just minutes from Dublin Airport. Additionally, the lands would provide owner occupiers an opportunity to create a stand-alone H.Q. campus with unrivalled accessibility.
Finín O’Driscoll commented that “The underlining principles driving the industrial sector are infrastructure based, with accessibility to the national motorway network of utmost importance. In this respect, North Dublin is the premium location for logistics users in the Dublin market with accessibility to the M50 & M1 Motorways particularly important. We would subsequently envisage significant interest emerging for the lands given their high profile onto the R112 and the ease of access to the motorway network.’
Further information can be obtained from the sole agent Knight Frank on 01-634 2466.