CBRE has been hired by PwC to launch the sale of the Brennanstown development site in Dublin with a guide price of €35 mln.
The Brennanstown site is located within Dublin's Cherrywood special development zone and is available in one or more lots. It contains five existing residential units.
Lot 1 (Druid’s Glen) comprises 8.8 acres of residential development land and 11.1 acres of forestry land, while Lot 2 (Lehaunstown), comprises 9.5 acres of residential development land, with a small portion zoned for town centre use. Lot 3 extends to 29.4 acres, with development potential for over 400 residential units and approximately 600 m2 of commercial space.
Peter Garrigan, head of development land at CBRE, commented: 'The potential to develop both traditional housing and purpose built rental accommodation will appeal to the wider market and help to create a well-designed, vibrant community within the Cherrywood SDZ.'
