QRE Real Estate Advisers have brought Belmont Place, Gardiner Lane to the market for sale via online auction at a guide price of €550,000.
Belmont Place, Gardiner Lane comprises a City Centre infill site extending to approximately 0.08 Ha (0.2 Ac).
The property is located on Gardiner Lane, just off Gardiner Street, Dublin 1, south of Mountjoy Square. The site is accessed from the city centre via Gardiner Street. Surrounding occupiers include Cliffords Fireplaces, The Hill Pub, and One Society Café.
The property comprises an irregular shaped, flat site, together with a number of outbuildings and secured by double steel gates.
The site is currently Zoned “Z5” in the Dublin City Development Plan. The objective of this zoning is to consolidate and facilitate the development of the central area and to identify, reinforce, strengthen and protect its civic design character and integrity.
The strategy is to provide a dynamic mix of uses, which interact with each other, creates a sense of community and which sustains the vitality of the inner city both by day and night.
Permissible uses are as follows: Bed and breakfast, childcare facility, cultural/recreational building and uses, education, embassy residential, homebased, economic activity, hostel, hotel, live-work units, medical and related consultants, office (excluding retail branch, bank/building society), open space, and residential.
Harry Byrne of QRE commented that “the subject property will be attractive to investors and developers alike who have the ability to add value to the current infill site”.
The legal pack can be viewed prior to the auction via the QRE website.