Developers and investors looking for opportunities in both the build-to-rent sector and the traditional owner-occupier market will be interested in a prime residential infill site in Rathgar, Dublin, 6 which has come for sale through agent Knight Frank at a guide price of €2.5 million.
Situated to the rear of Rathgar Villas, and off Rathgar Avenue, the site extends to 0.44 of an acre and is capable of accommodating a scheme of 25 build-to-sell apartments and duplexes or 31 apartments and duplexes aimed towards the private rented sector. It would also be suitable for a townhouse scheme, according to the feasibility study prepared in advance of the sale by Ferreira Architects.
The subject site currently comprises two warehouse buildings of about 3,000sq ft and 5,400sq ft respectively and an enclosed yard. The entire property is zoned objective Z1, which provides for the development of ‘sustainable residential neighbourhoods’, and benefits from
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