EXECUTIVE SUMMARY UNIQUE DEVELOPMENT OPPORTUNITY TO ACQUIRE A SITE WITH FULL PLANNING PERMISSION FOR 84 APARTMENTS AND 3 HOUSES.

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1 H E R B E R T H I L L D U N D R U M

2 H E R B E R T H I L L UNIQUE DEVELOPMENT OPPORTUNITY TO ACQUIRE A SITE WITH FULL PLANNING PERMISSION FOR 84 APARTMENTS AND 3 HOUSES. EXECUTIVE SUMMARY For Sale by Private Treaty. Excellent development opportunity with F.P.P for exclusive residential development of 87 no. luxurious units (D15A/0405) in sought after south Dublin location. A planning application has been submitted to DLRCC to amend the granted scheme to increase the number of units to 93 (D16A/0298). Due to the sites wonderful location, the exceptionality of the planning permission and its effective design, this project will be a flagship for future high-end residential development in south Dublin for years to come. Splendid amenities in the vicinity including leisure facilities, parks, restaurants and shopping centres. The site is located at Herbert Hill within the heart of Dundrum village and is adjacent to Ireland s largest premier retail and leisure destination, Dundrum Town Centre which comprising of over 100 shops both exclusive and high street stores.

3 LOCATION The Herbert Hill site is located in one of Dublin s most popular residential locations and situated along the eastern side of Sandyford Road, Dundrum. The site is adjacent to the iconic Dundrum Town Centre. A host of fashionable bars, cafes, restaurants and shops are literally on the doorstep. The site has excellent transport facilities with the nearby Balally (Green Line) LUAS stop providing direct access to Dublin city centre, Sandyford and Carrickmines. The N11, M50 and all main arterial routes are also readily accessible from Dundrum. The property undoubtably occupies a convenient and prominent position that will be hugely attractive to owner occupies in time. Dundrum Shopping Centre Luas DUNDRUM SHOPPING CENTRE THE PROPERTY LUAS LINE Herbert Hill site has an area of approximately hectares (2.67 acres) and is located on the eastern side of Sandyford Road, 200 metres south of Dundrum village centre. The triangular shaped site has a frontage of approximately 138 metres to Sandyford Road and is bounded along the eastern boundary by the LUAS Green line. Herbert Hill House, which dates from about 1825, is an impressive two storey 6 bed room house of approximately 416 sq. m. (4, sq. ft.). The house is recorded as a Protected Structure within Dun Laoghaire Rathdown Development Plan The site includes a gate lodge which is located at the entrance to the site along Sandyford Road and extends to approximately 40 sq. m. ( sq. ft.)

4 TOWN PLANNING ZONING SCHEME OVERVIEW The Herbert Hill site benefits from a five year planning permission (D15A/0405 & PL06D ) from 25th January 2016 for an excellent residential development comprising the construction of a new residential development within a 6 storey building. The permission includes the following: The subject site is zoned Objective A - Residential under the Dun Laoghaire Rathdown County Development Plan which aims to protect and or improve residential amenity. Some of the uses permitted in principle under zoning Objective A are: Open Space, Public Services, Residential, Residential Institution, Retirement Home. This is an ideal opportunity to benefit from the present under supply of residential accommodation with high, medium or low density permissible under the zoning objective. 84 no. apartments (17 no. 1 beds, 62 no. 2 beds and 5 no. 3 beds ranging in size from 55.4 sq. m. to 123 sq. m.) with balconies located on the southern, eastern and northern elevations Conversion of existing Herbert Hill House to two number two bedroom two storey houses extending to 260 sq. m. and 140 sq. m. respectively. Internal and External modification to the existing Gate Lodge to provide a single storey one bedroom dwelling extending to 59 sq. m. Vehicular access is provided via the existing access to Herbert Hill off Sandyford Road which is to be widened to 9.1 metres. Car parking to be provided within a basement under the apartment building (105 spaces) and on surface spaces at a variety of locations within the site (22 spaces), 131 no. bicycle parking spaces, services and plant area. All associated site development, boundary treatment, services provision and landscaping works. The permitted scheme comprises apartments which are significantly greater both in terms of size and quality than what has been provided in Dublin s suburbs to date. The proposed scheme reflects the sites unique location and opportunity to provide premium residential accommodation within Dundrum. The residential units are designed to meet future resident s long term requirements by providing a range of unit types with generous living accommodation and associated storage together with private / semi private open space provision in the form of balconies. Schedule of Accommodation of the Existing Permission is as follows; UNIT TYPE NUMBER OF UNITS NO. OF BEDS FLOOR AREA (SQ. M.) FLOOR AREA (SQ. FT.) A A B C D E E E F G H H H J K P P Q R S T U V W X Y Z HOUSE NO HOUSE NO GATE LODGE Outline Approximately TOTAL NO. OF UNITS: 87 Floor areas are approximate only

5 THE OPPORTUNITY OCCUPYING A PRIVILEGED POSITION IN ONE OF DUBLIN S MOST PRESTIGIOUS SUBURBS, THIS SITE REPRESENTS AN ALLURING PROSPECT FOR HIGH-VALUE RESIDENTIAL DEVELOPMENT. DUE TO ITS STRATEGIC LOCATION AND UNDERPINNED BY THE EXISTING GRANT OF PLANNING PERMISSION, THERE IS A REAL OPPORTUNITY TO MAKE IT ONE OF DUBLIN'S MOST ANTICIPATED NEW RESIDENTIAL PROJECTS OF THE COMING DECADE. The proposed scheme will deliver large, modern, sophisticated and high specification apartments. Facilities currently available in the immediate area include Dundrum Town Centre, Sandyford Industrial Estate, Nutgrove Shopping Centre and Marley Park. The proposed scheme has unique features and a multitude of amenities that can meet all future home owners needs. Whether buyers are searching for a luxury one bed apartment or a large 3 bed to accommodate a larger family, these luxury apartments will be in high demand. Since the grant of permission in January 2016 an application to amend the grant of planning permission has been lodged (D16A/0298). This application comprises of revisions to the block of apartments of the granted scheme to take advantage of the Sustainable Urban Housing; Design Standards for New Apartments published by the Department of the Environment, Community and Local Government in December This application (D16A/0298) proposes the construction of 90 no. apartments comprising 15 no. 1 bed units, 65 no. 2 bed units & 10 no. 3 bed units. No amendments are proposed to the existing permission for the works to Herbert Hill House, a protected structure, and the Gate Lodge. This application increases the total number of proposed units to 93. Furthermore there is potential to further increase the number of apartments units by adding an additional floor to the proposed apartment block. This is subject to the necessary planning approval and a draft scheme has been completed to illustrate this potential increase in units. This is available upon request from Savills. All relevant planning information and history on this site should be reviewed by interested parties on Dun Laoghaire Rathdown Council s planning website. Elevation of Proposed Residential Scheme as per D16A/0298

6 PROPOSED SITE PLAN AS PER D16A/0298 APPROVED FLOOR PLANS AS PER D15A/0405 SECOND & THIRD FLOOR FOURTH FLOOR FIFTH FLOOR SIXTH FLOOR 1 BED 2 BED 3 BED GROUND FLOOR FIRST FLOOR

7 TERENURE University College Dublin To Dublin City Centre DUBLIN BAY RATHFARNHAM Windy Arbour BLACKROCK DUNDRUM Dundrum N11 DEANSGRANGE BALLYBODEN Dundrum Shopping Centre Balally Kilmacud STILLORGAN Stillorgan BALLINTEER SANDYFORD Sandyford Industrial Estate Sandyford FOXROCK M50 Central Park CONTACT & FURTHER INFORMATION METHOD OF SALE The subject site is being offered for sale by Private Treaty SERVICES We understand that all mains services are available but we request that all interested parties satisfy themselves on the availability and adequacy of all services. TITLE We are advised that the property is held freehold. Full details on title can be made available by the vendor s solicitors. FURTHER INFORMATION & VIEWINGS Savills have prepared an information pack for the sale of subject property, which is available upon request. Viewings are strictly by appointment through Savills only. SELLING AGENTS SOLICITOR MARK REYNOLDS +353 (0) mark.reynolds@savills.ie SAVILLS 33 Molesworth Street Dublin 2 JOHN SWARBRIGG +353 (0) john.swarbrigg@savills.ie JILL HORAN +353 (0) jill.horan@savills.ie A&L GOODBODY IFSC, North Wall Quay Dublin (0) GER O TOOLE +353 (0) gotoole@algoodbody.com CLAIRE O'REILLY +353 (0) caoreilly@algoodbody.com Savills Ireland and the Vendor/Lessor give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers, Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them. Neither Savills Ireland nor any of its employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither Savills Ireland nor any of its employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/lessees or any third party arising from the particulars or information contained in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction. This brochure is issued by Savills Ireland on the understanding that any negotiations relating to the property are conducted through it. All maps produced by permission of the Ordnance Survey Ireland Licence No AU Government of Ireland.