€950,000 SALE AGREED
- Development opportunity.
- Landmark Victorian era building.
- Excellent city center location.
- Ground floor retail unit with basement.
- 4 apartments on 1st and 2nd floor.
- Potential to extend upwards.
- Full vacant possession.
Arran House is a
landmark Victorian era redbrick building on the corner of Arran Street and
Mary’s Lane in what is deemed to be Dublin’s Next cultural quarter. Currently
set out with a commercial unit on the ground floor with basement and four
apartments on the upper two floors. There is an opportunity here to develop an
iconic mixed used asset with commercial and residential potential. Following
pre planning discussions with Dublin city council it has been ascertained that,
in principal, planning could be achieved to extend this building up to seven
storeys although given the footprint five storeys might be more practical.
This superb investment opportunity is located close to Capel Street in the heart of Dublin City Centre. It benefits from close proximity to all the amenities and service’s . This area of the City is set to be transformed in the coming years with among other things the redevelopment of the adjoining Victorian Fruit and Vegetable market as a continental style food market, development of a Staycity Aparthotel Complex on the opposite corner to Arran House and plans for an eight storey, 98 bedroom hotel on the nearby site of the former “Boland Biscuit Factory” .
O’Connell Street 700m.
LUAS Green Line 600m.
LUAS Red Line 300m.
Connolly Station 1.4km.
Tara Street Station 1.4km.
Trinity College 1.3km.
The Mater University Hospital 1.3km.