. Date: 10th July 2013 Back to all articles

Signs are emerging of renewed interest in development sites, particularly in south Dublin where house prices are rising and commercial rents and yields are showing improvement.

The most substantial recent sale was the former Vet College site in Ballsbridge which was acquired by the increasingly active Comer Group for c.€22.65 million.

Address Size Price Price per acre Comment
Vet College Site, Ballsbridge 2.02 acres c.€22.65 million €11.2m 87% drop on the €171.5 paid at top of market by Ray Grehan
Stocking Wood, Rathfarnham 2 acres €2 million Understood to be sale agreed at this level €1m Site has full planning permission for 25 houses
Watson Road, Killiney 4.1 acres €2.8 million €683,000 Residential zoning with existing dwellings on site
Mount Tallant Avenue, Harolds Cross 3.45 acres Excess €3.5 million Understood to be sale agreed at this level Excess €1m Full planning permission in place for 137 apartments
Percy Place, Dublin 2 0.25 acres Excess €2.25 million Understood to be sale agreed at this level Excess €9m Full planning permission in place for a mixed use scheme
Sallins Road, Naas 6.45 acres €1.3 million €201,550 Full planning permission in place for 36 houses
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