Two substantial detached residences in Sandyford, Dublin 18, Karuna and Glenina, set on a combined 0.9-hectare (2.24-acre) site, have been brought to market with a €7.5 million guide price through agent Hooke & MacDonald’s commercial arm.
What sets this prime residential offering apart is its distinctive development potential: the site benefits from two full planning permissions, providing incoming developers with a degree of flexibility in an increasingly competitive South Dublin market.
Located on Sandyford Road, just 700 metres from Sandyford village and well positioned between the retail amenities of Dundrum and the employment hub of Sandyford Business District, the site enjoys proximity to the Luas (Green line), bus routes and the M50, making it highly attractive to both owner-occupiers and investors.
The first of the two planning permissions, recently secured, allows for a mixed-density scheme comprising 13 detached houses and 54 apartments across two residential blocks, with surface-level car parking.
This configuration may appeal to developers seeking to balance low-rise family housing with apartment living, a mix often favoured by local buyers in the suburban south Dublin market.
The second scheme, also fully approved, is for a development of 116 apartments, offering a broad mix of unit types with a particular focus on two-bedroom homes.
This higher-density option would suit a broad range of developers, particularly those targeting the rental or investor markets in light of sustained demand for modern, energy-efficient apartments in well-connected locations.
The offering is being viewed as a particularly timely opportunity, given strong fundamentals in the residential market and continued appetite for well-located suburban sites with planning certainty.
The flexibility to pursue either of the two planning permissions adds further appeal.
Interested parties can obtain further information directly from Hooke & MacDonald at 01-6318403.