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|