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BRENNANSTOWN DUBLIN 18 WWW.BRENNANSTOWN.COM DÚN LAOGHAIRE CORNELSCOURT GLENAGEARY CABINTEELY PARK FOXROCK CABINTEELY VILLAGE KILBOGGET PARK N11 BRENNANSTOWN ROAD LOT 1 - DRUIDS GLEN 2 / 3 BRENNANSTOWN LOT 2 - LEHAUNSTON CHERRYWOOD For Identification Purposes Only EXECUTIVE SUMMARY Approx. Potential for Increasing Demand Host of Superb Residential Affluent Excellent Designated Strategic 29.4 acres approx. 400 Resi for Residential Amenities in the Development Suburban Location Transport Links Development Zone Units (SPP) Accommodation Immediate Area Opportunity (SDZ) The Brennanstown lands are situated within the THE Cherrywood Strategic Development Zone. Cherrywood Sandyford Business Park is located less than 13 km south of Dublin City Centre 14 min via Luas FOXROCK and is situated between both the M50 and N11. Dublin d a LOCATION Airport is less than a 45 minute drive away, while the o UCD R n affluent coastal suburbs of Dun Laoghaire, Seapoint and 19 min via Car w o O t Blackrock are all under 15 minutes away via car. ld s CABINTEELY B n r h a o y J St Stephens Green R Public transport links include multiple Dublin Bus o ad 39 min via Luas Cornelscourt Hill Road routes as well as dedicated Luas stations at Brides Glen, Brighton Road Laughanstown & Cherrywood, which allow commuters to CABINTEELY PARK travel between Cherrywood and St. Stephen’s Green in Dublin Docklands under 40 minutes. The Lehaunstown lands are situated 50 min via Luas adjacent to the Laughanstown Luas station. Brennanstown Road Ballyogan JUNCTION 15 N11 Wood Carrickmines BRENNANSTOWN BRENNANSTOWN The Park Carrickmines M50 Laughanstown LOUGHLINSTON 4 / 5 CARRICKMINES BRENNANSTOWN Cherrywood CARRICKMINES GOLF COURSE Cherrywood Buisness Park Lot 1 - Druids Glen The surrounding suburban settlements include Foxrock, The subject site is located within the northern Cabinteely, Leopardstown and Carrickmines. The Park, portion of the SDZ development boundary adjacent Carrickmines is a short drive from the subject site and is the to the Brennanstown Road. This provides direct premier retail park in Ireland. Other nearby amenities include access to Cabinteely Village as well as the Old Bray Cabinteely Park Leopardstown Racecourse, Westwood Health Club as well as Road which the Cornelscourt Centre is located on. Cornelscourt Centre, which is anchored by Dunnes Stores. From here you have immediate access to the N11 Dundrum Town Centre, Ireland’s only super-prime shopping and are only one junction away from the suburban settlement of Foxrock, one of the most sought after centre, can be accessed directly from the Luas line as well as and affluent residential suburbs in south Dublin. on the M50 in under 15 minutes via car. Lot 2 - Lehaunstown The lands are located Cherrywood is located within the local authority of Dun in a vibrant, and Laoghaire/Rathdown County Council which has a population The subject site is located within the north-western of over 200,000 people and has been designated as a portion of the SDZ development boundary and is adjacent to the Lehaunstown Luas Stop. Nearby Strategic Development Zone (SDZ) since May 2010. Long- hugely desirable part developments include the Tullyvale residential term this strategy aims to assist with the development of the development, located to the south of the subject of South Dublin. area and surrounding environs, resulting in the creation of a site, which accommodates over 700 apartments vibrant, unique and new community in a hugely desirable part within 26 housing blocks as well as Cherrywood of South Dublin. Business Park which is located only minutes away. Brennanstown Road Sign DESCRIPTION SANDYORD LEOPARDSTOWN TE PARK GOL CENTRE Lot 1 - Druids Glen CARRICMINES The overall expanse of the Druids Glen portion of the site extends to approximately 19.9 acres, inclusive of Glendruid House. The site is bound by the Brennanstown Road and residential units to the north, a residential unit to the west, OXROC a narrow laneway to the west and lands under trees and M50 grass to the south. The site has a steep gradient from north to south. There are three dwellings included within the site boundaries. Glendruid House, a protected structure, is located BRENNANSTON ROAD towards the northern boundary of the site. Druid House LOT 2 is also located towards the northern boundary, while Knockanree House is located towards the western CERRYWOOD SDZ boundary of the site. LOT 1 The land situated between Druids Glen and Lehaunstown incorporates approximately 11.1 acres of forestry land. The CABINTEELY VILLAGE lands naturally slope from north to south and provide a natural buffer between Lot 1 & Lot 2. Lot 2 - Lehaunstown 6 / 7 The subject site extends to approximately 9.5 acres and partly comprises three residential houses, with one being derelict and vacant. Set on a flat and level BRENNANSTOWN topography, the site is bound by a narrow laneway to the south, the Luas line to the west, and vacant land to the east and north. The northern section of the site will in future be bound by a proposed road, providing linkage to the N11 and N11 surrounding suburbs of Foxrock and Cabinteely, two highly desirable residential locations. For Identification Purposes Only Zoning Information Natural Green The Brennanstown Lot 1 - Druids Glen Lot 2 - Lehaunstown Space Planning The lands are situated within the Druids Glen portion The subject site has split zoning objectives within the Cherrywood Road offers easy access are zoned Res 1 within the Cherrywood SDZ and are SDZ and are situated within an area designated Development Area The lands situated between located within an area designated Development Area 1 under the Cherrywood SDZ. The majority of the site is located to both Cabinteely & 5 under the Cherrywood SDZ. Res 1 objective allows within an area zoned Res 3, with a portion of the site located within both land parcels are zoned for a density of 35-50 per hectare (86-124 per acre) an area zoned Village Centre. The Res 3 objective allows for a Green Infrastructure within the Foxrock, two of South with heights ranging from 2-3 storeys. The remaining density of 65-100 units per hectare (176-124 per acre) with heights Cherrywood SDZ. 11.1 acres are zoned Green Infrastructure. ranging from 2-5 storeys, while the Village Centre zoning allows for Dublin’s most affluent building heights ranging from 4-5 storeys, with plot ratios of 1:1.4-1:2 village settlements. and site coverage of 40%-60%. A planning report has been prepared by John Spain & Associates and is available in the data room. M1 DUBLIN AIRPORT TRANSPORT & ACCESSIBILITY Whilst the location benefits from a picturesque setting on the doorstep of exclusive residential neighbourhoods such as Foxrock, BLANCHARDSTON Carrickmines and Cabinteely, it also offers excellent accessibility. The Luas green line runs almost parallel to the subject sites, while Dublin Bus has a number of routes serving the area. The location boasts excellent access onto both the N11 and M50, which grants HOTHeasy access to the city centre as well as north and west Dublin. M50 M50 Motorway CASTLEKNOCK BROOMBRIDGE N3 CLONTARF LUCAN PHIBSBOROUGH POENI PAR N4 M50 N CITY CENTRE 8 / 9 BALLSBRIDGE DUBLIN BAY CLONDALKIN RATHMINES BRENNANSTOWN TYMON PAR N81 BLACKROCK DUN LAOGHAIRE N11 DUNDRUM Laughanstown Luas Stop MARLAY DALKEY PAR FOXROCK M50 BRENNANSTOWN SANDYFORD LOUGHLINSTON STACKSTON TRAVELLING BY CAR TRAVELLING BY LUAS TRAVELLING BY BUS M50 Approx. 12km from Dublin Laughanstown and Cherrywood Multiple bus routes serving City Centre, with easy access Luas stops in close proximity, the area, providing access to provided by the N11 and M50 providing regular service to Dublin City and the surrounding DUBLIN ICLO CARRICKMINES MOUNTAINS M11 Dublin City, Sandyford, Dundrum suburban settlements & Docklands Area Lot 1 - Druids Glen Lot 2 - Lehaunstown 8.8 ACRES 11.1 ACRES DEVELOPMENT POTENTIAL APPROX. 9.5 ACRES 600 SQ.M DEVELOPMENT POTENTIAL APPROX. RESIDENTIAL LAND FORESTRY LAND 170 RESIDENTIAL UNITS (SPP) RESIDENTIAL/TOWN CENTRE RETAIL/COMMERCIAL SPACE 230 RESIDENTIAL UNITS (SPP) 10 / 11 BRENNANSTOWN For Identification Purposes Only ENTIRE SITE 600 SQ M DEVELOPMENT POTENTIAL APPROX. LOT 3 - THE ENTIRE 29.4 ACRES RETAIL/COMMERCIAL SPACE 400 RESIDENTIAL UNITS (SPP) BRENNANSTOWN alone - up 14% year on year. alone -up 14% mortgages being approved in the Irish in the market first quarter 2018 of significant degree in Irelands major cities with more than €1 billion of In the interim, demand for housing continues outstrip to supply a to that loan income to ratios starting are an effect. have to start impact. to Indeed, new Banking &Payments Federation data shows inflation the over coming months as Central Bank macroprudential rules commentators now expect some moderation in the pace house of price doubleby 13% annually digits in the April) year to (up although most Residential property prices in the Irish continue to market increase to Overview MARKET RESIDENTIAL Light increase in new home construction, albeit from avery low base after 93% decline peak-to-trough > 90% decline in new home construction from peak Dublin Residential Completions activity housebuilding Irish in Decline UNITS UNITS 100,000 20,000 40,000 60,000 80,000 90,000 30,000 50,000 70,000 20,000 25,000 10,000 10,000 15,000 5,000 1994 2005 1995 19,470 1996 2006 1997 2007 1998 1999 2008 2000 2001 2009 2002 2003 2010 2004 2005 2011 93,419 2006 1,266 2012 2007 2008 2013 2009 2010 90 decline 2014 2011 2012 2015 8,301 2013 2016 2014 2015 6,099 2017 2016 market in Q1 of 2018 approved in the Irish of mortgages were More than €1 billion in the Irish market increase by double digits prices continue to Residential property 2017 an/Feb 2018 an/Feb 2018 Source: DOE Ireland modest rate.
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