6 City Quay, the last remaining waterfront development site in Dublin’s docklands has been placed on the market with a guide price of €35 mln. The sale is being handled by property advisor, Savills Ireland on behalf of PWC.
The property extends to approximately 0.22 hectares (0.55 acres) and is zoned Z5 in the current Dublin City Development Plan (2016-2022), which permits a broad range of use. Savills believes the building could be suited to an office, residential or hotel development, or indeed a mix of these use types.
The site is located on the southern side of Talbot Memorial Bridge – one of the key gateway links between the north and south of Dublin city centre. A feasibility study prepared by RKD Architects illustrates the potential of the site to accommodate a 145,000 sq ft (net) office development, subject to planning permission.
‘This is the very last opportunity to acquire a much sought-after waterfront site in Dublin’s docklands – both north and south – and arguably the most prominent and noteworthy, due to its ideal location between Dublin’s historic core to the west and financial services and business district to the east,’ said John Swarbrigg, director of Development & Consultancy from Savills Ireland. ‘I have no doubt that demand will be strong from various local and international developers looking to establish or extend their presence in this location – this is the last chance.’
