Over €2m for Santry site beside planned Metro

Zoning objective is to facilitate high density employment-generating activity along with commercial development and housing

The 1.8 hectares  are on the east side of Ballymun Road, adjacent to the proposed Metro station at Northwood
The 1.8 hectares are on the east side of Ballymun Road, adjacent to the proposed Metro station at Northwood

A key site along the Metro economic corridor at Ballymun Road in Santry, Dublin, goes for sale today at over €2 million through CBRE on the instructions of receiver WK Nowlan.

The 1.8 hectares (4.5 acres) are on the east side of Ballymun Road, adjacent to the proposed Metro station at Northwood and connect up with Junction 4 of the M50.

A previous planning permission for 2.322sq m (25,000sq ft) of offices, 172 apartments and houses and a mixture of retail units including a supermarket has now elapsed.

However, Robert Colleran of CBRE says the zoning objective is to facilitate high density employment-generating activity along with commercial development and an appropriate quantum of housing.

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The range of uses now permitted in principal included education, hospital, hotel, offices, public transport station, residential and retail.

The site is immediately west of Gulliver’s Retail Park where the principal traders include Homebase and Hickey’s Home Base.

CBRE says the Metro station at Northwood should be built sometime after 2021.

The Metro line will cross the M50 to the northeast of the site.

The residential suburbs of Santry and Coolock are located to the east of the Northwood site, while Finglas is to the west.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times