Opportunity to either purchase outright or enter into a licence agreement on a subject to planning basis. Potential for excess 200 residential units,

subject to planning permission.

BER Exempt

FOR SALEDEVELOPMENT OPPORTUNITY

Enniskerry Road, Kilternan, Dublin 18Approx. 7.38 ha (18.24 acres)

Central Park South County Business Park

Rockville

Bishops Gate

Sandyford

Stepaside

Stepaside Golf Course

Kilternan Parish Church

De La Salle Palmerstown FC

The Park CarrickminesM50

M50

Kilternan

Asset Summary• Superb large-scale landholding of approx. 7.38

ha (18.24 acres).

• Potential for excess 200 residential units, subject to planning permission, which may be applied for via a Strategic Housing Development application directly to An Bord Pleanala.

Enniskerry Road, Kilternan, Dublin 18

• Situated in a popular address, at the foothills of the Dublin Mountains, approx. 17 km south of Dublin city centre.

• Situated on the Enniskerry Road, approx. 600 m from Kilternan Village.

• Highly accessible location, approx. 2 km west of the M50 motorway, via Glenamuck Road.

• Road frontage of approx. 150 m to the Enniskerry Road on the eastern aspect.

• Approx. 3 km from Carrickmines Luas Park & Ride.

R118

J15

M50

M50BALLYOGAN ROAD

BRIG

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BRENNANSTOWN ROAD

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BALLYCORUS ROAD

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CarrickminesWood

CarrickminesWood

LeopardstownValley

LeopardstownValley

BelarmineBelarmine

StepasideVillage

StepasideVillage

CruaghManorCruaghManor

Kilternan

KilternanKilternan is situated at the foothills of the Dublin Mountains, approx. 2 km west of the M50 motorway, and 17 km south of Dublin city centre. Kilternan was historically a rural location which was predominantly made up of one-off residential housing. The development of the Kilternan Local Area Plan has seen a large number of developments in the area which will be furthered by the construction of the Glenamuck District Distributor Road and the Glenamuck Link Distributor Road.

This asset is situated adjacent to the junction of the Enniskerry Road and Glenamuck Road. A number of retail and leisure amenities are located in close proximity, including The Park Carrickmines, which is regarded as Ireland’s premier retail park. Further services and amenities are available in the villages of Kilternan, Enniskerry and Stepaside.

Asset DescriptionThe property comprises a greenfield development site extending to approx. 7.38 ha (18.24 acres).

The lands are accessed from Enniskerry Road and benefit from excellent road frontage. The site is situated in a predominantly residential area, with the Bishops Gate development immediately adjacent to the north and a number of new developments underway on the Glenamuck Road.

This opportunity presents a viable housing development site, with the potential to deliver a mix of unit types, to meet the strong demand for new homes in the area.

1

2

3

2

23

3

4

4aN4N4

N7

N7N81

N4

N3

N3

N2N1

N32

N1

N2

N2

N11

N11

N31

N31

N11

N81

N81

N81

N7

17

16

15

1413

12

11

10

9

1

7

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2

5

3

M1

M50

M50

M50

M50

M50

M11

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5

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M50

M3

M2

M4

M7

DUBLINAIRPORTDUBLIN

AIRPORT

DUBLINDUBLIN

BallsbridgeBallsbridge

GlenagearyGlenageary

LoughlinstownLoughlinstown

SandyfordSandyford

StepasideStepaside

GlencullenGlencullen

KilmolinKilmolin

EnniskerryEnniskerry

Old ConnaOld Conna

RockbrookRockbrook

RatfarnhamRatfarnham

DundrumDundrum

ChurchtownChurchtown

StillorganStillorgan

ClonskeaghClonskeagh

BlackrockBlackrock

MilltownMilltownTerenureTerenure

TempleogueTempleogue

FoxrockFoxrock

LeopardstownLeopardstown

CarrickminesCarrickmines

DunLaoghaire

DunLaoghaire

RanelaghRanelagh

DonnybrookDonnybrook

CrumlinCrumlin

DrumcondraDrumcondra

ChapelizodChapelizod

DocklandsDocklands

Port TunnelPort Tunnel

BeaumontBeaumont

CoolockCoolockSantrySantry

FinglasFinglas

CastleknockCastleknock

LucanLucan

BallyfermotBallyfermot

WalkinstownWalkinstown

DUBLINDUBLIN

KILTERNANKILTERNAN

ClondalkinClondalkin

CitywestCitywest

BelgardBelgard

TallaghtTallaght

SaggartSaggart

PortmarnockPortmarnock

MalahideMalahide

ClontarfClontarf

HowthHowth

SuttonSutton

SwordsSwords

DunboyneDunboyne

KilcloonKilcloon

StraffanStraffan

CastledillonCastledillon

BackwestonBackweston

Adamstown Adamstown

Moyglare HallMoyglare HallOngarOngar

MulhuddartMulhuddart

LeixlipLeixlip

CloneeClonee

BlanchardstownBlanchardstownMaynoothMaynooth

RathcoffeyRathcoffey

FanaghFanagh

The GreenhillThe Greenhill

StaplestownStaplestown

The CottThe Cott

CarraghCarragh

NaasNaas

MullacashMullacash

BlessingtonBlessington

ManorKilbrideManor

Kilbride

BallinageeBallinagee

ArdcloughArdcloughClaneClane

ArdrumsArdrums

Enniskerry Road, Kilternan, Dublin 18

Carrickmines Luas StopThe Park Carrickmines

Enniskerry Road, Kilternan, Dublin 18

Town Planning Planning policy for the property is contained within the Dun Laoghaire Rathdown County Council (DLRCC) Development Plan 2016-2022 and the Kilternan Glenamuck Local Area Plan 2013 which was extended in June 2018 for a period up to and including September 2023. Under the DLRCC Development Plan, the site is subject to the following zoning objectives:

Objective A - Residential: Approx. 5.19 ha (12.82 acre)Objective B - Rural Amenity: Approx. 2.19 ha (5.41 acre).

Development PotentialThis asset provides an excellent opportunity to deliver a large-scale housing development in a highly accessible and sought-after suburban location. The asset does not currently have planning permission, but it is estimated that the site has capacity for excess 200 residential units, incorporating a variety of unit types. 200 units would reflect a density of approx. 39 units per ha (16 units per acre) based on the residentially zoned portion of land. Densities in excess of these levels may also be feasible.

A licence agreement option is offered on a subject to planning basis, full details of which are contained in the property data room.

Development ContributionsOn 10 December 2018, a meeting was held by Dun Laoghaire Rathdown County Council whereby it was agreed to reduce the Section 49 Supplementary Development Contribution Scheme - Glenamuck District Roads Scheme and Surface Water Attenuation Pond Scheme. The reduced rates are as follows;

Residential €24,950 per unitCommercial €125 per sq metre

Section 48 levies as set out under the Dun Laoghaire Rathdown Development Contribution Scheme 2016 - 2020 shall apply.

Glenamuck District Roads SchemeIn April 2019, Dun Laoghaire Rathdown County Council gave notice of its intent of implementing Compulsory Purchase Order (CPO) in order to facilitate the development of the Glenamuck District Roads Scheme. The scheme is intended to facilitate the construction of the Glenamuck District Distributor Road and the Glenamuck Link Distributor Road.

Simultaneous to the issuing of the CPO Order, Dun Laoghaire Rathdown County Council also submitted a planning application to An Bord Pleanala in March 2019 for the construction of each road. A decision on this application is expected in Q1 2020 with an estimated build programme of 18 months

The construction of these roads will facilitate further development in the surrounding areas.

Extract from the Kilternan / Glenamuck Local Area Plan 2013 (now extended to 2023), illustrating the indicative routes of new infrastructure.

CRUAG H CLO SE

CRUAG H RISE

Glenam

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Rockvill eDri ve

Lane

Glenam

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Barnasli ngan

Bisho p's La ne

Ja mestown Cott ages

(Pu blic)

(site of)

Area unde r con st ruction

Bridon

Cist & Encrusted Burial Urn

Dingle Glen

Groun d

Groun d

Go lf Cou rse

Gravel Pits

Grave Yard

Groun d

Go ld en Ba ll

Glenamuck

Sports

Sports

SCHOOL

Sports

Pond

Sports Grou nd

Ta nks

Ta nks

Ta nk

Ta nk

Ta nks

Ta nks

Ta nk

Ta nk

(C of I)

(in Ruins)

(in ruins)

(Cath)

House

Willow

Kerima ki

Lodge

Doon amo na

Knocknage e

Long Mead ow

TheCotta ge

Rectory

Statue

Verney

VernyHouse

Church

Rockville

Eve sh am

Church

Sch ool

Shaldon Gran ge

Kin gstonGrove

Glen amuck

Sotto il Mo nte

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Rest Harro w

Glen amuck Cottag es

Kilteirnan

Kestre lLodge

Derryda re

Kin gstonHouse

Mill House

Close

Wa ter Works

Sch ool

The Bridg e

Wayside Cott ages

Green mou nt

Cromlech

Lonsda le

House

Broo klawn

Pin ecroft

Glen amuckCotta ges

Ja mestown

Cuckoo Field

Kiltiernan Abb ey

KiltiernanLodge

Church

JAM ESTOW N

CARRICKMINES GREAT

GL ENAM UCK NORTH

GL ENAM UCK SOUTH

KINGSTON

CF

FW

FF

1.83m

FF

1.83

m F

F

CF

FF FW

1.83m FF

UND

1.83m FF

UND

1.83m FF

UND

UND

1.83m

FF

CR

1.83m

FF

CF

1.83m FF

1.83m FF

CF

1.83m FF

CF

CW

CR

CW

CR

UND

CR

CR

CR

1.83m FF

UND

UN D

1.83m FF

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1.83m FF

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UN D

UND

UN D

UND

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1.83m FF

1.83m FF

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CR

1.83m FF

CW

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1.83m FF

1.83m

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GDDR

GLDR

GDDR

GLDR

Glenamuck DistrictDistributor Road

Long Term RoadProposals

Local Area PlanBoundary

Glenamuck LinkDistributor Road

Objective A -Residential:Approx. 5.19 ha (12.82 acre)

0 400200 Metres

Objective B -Rural Amenity:Approx. 2.19 ha(5.41 acre)

Cushman & Wakefield LLP on its own behalf and for vendors or lessors of this property, whose agent it is, gives notice that: (1) The particulars are produced in good faith, but are a general guide only and do not constitute any part of a contract. (2) No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatsoever in relation to this property. (3) The property is offered subject to contract and unless otherwise stated all rents are quoted exclusive of VAT. (4) Nothing in these particulars should be deemed a statement that the property is in good condition, or that any services or facilities are in working order. (5) Unless otherwise stated, no investigations have been made regarding pollution, or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required. Publication Date: June 2019. Designed and Produced by Creativeworld. T 01282 858200.

TitleThe property is held under freehold title.

Method of SaleThe property is being offered for disposal via a subject to planning licence agreement or a freehold sale. Further details on the disposal process are available in the property data room.

ServicesWe understand all public services are available to the property.

ViewingBy appointment with the sole agents.

BER Exempt.

Website and Dataroomwww.kilternandevelopment.com

Contacts:SOLE AGENT

John DoneganE: john.donegan@cushwake.comT: +353 (1) 639 9222

Donal KellegherE: donal.kellegher@cushwake.com T: + 353 (1) 639 9248

Cushman & Wakefield164 Shelbourne RoadBallsbridgeDublin 4 T: +353 (1) 639 9300

Licence No: 002222

www.cushmanwakefield.ie

SOLICITOR

Evin McCarthyevin.mccarthy@rdj.ieT: +353 1 6054200

Ronan Daly JermynThe ExchangeGeorge’s DockIFSCDublin 1

www.rdj.ie

On the instructions of the Receiver, George Maloney of RSM.