An interesting redevelopment opportunity comes on the market today at Church Road, Killiney, Co Dublin, when DTZ Sherry FitzGerald seeks a buyer for the
Kylemore Clinic
on 3.3 acres (1.34 hectares) of spectacular mature gardens.
Rory Breen of the agency is looking for offers over €5 million for the complex which is certain to be of interest to a range of housebuilders given the immense shortage of well located infill sites in south Dublin.
The centrepiece of the sprawling site is a large Victorian house which was used for many years as a care centre.
It has an overall floor area of 1,009sq m (10,861sq ft) and could be converted into apartments or upgraded for use as a nursing home or as part of a retirement village.
It is perhaps quite likely that the former clinic will be divided into apartments and the remainder of the site used for a much needed development of family homes.
The site also includes a gate lodge currently being used as a home and two separate entrances which could prove invaluable if the purchaser opts for a mixed-use development.
The land is zoned for residential use under the Dún Laoghaire Rathdown County Council’s most recent development plan.
The site is particularly well located within a few minutes’ walk of Killiney shopping centre and many other facilities including the golf club, beach and Killiney Hill park.
Breen said the forthcoming sale meant that builders, developers or investors would be able to unlock the full potential of what was a superb site.
“Given its great location, this property is ideal for an exclusive high-end housing scheme, a nursing home, retirement village or for a private hospital or specialist clinics,” he said.
