Guide price of €3.5m for site with full planning permission

By William O'Connor

A PRIME residential development site in Rathfarnham with full planning permission for 32 apartments has been put on the market with a guide price of €3.5 million.

With a high demand for residential units in this area, Loreto Terrace is a prime residential development site located at the junction of Grange Road and Nutgrove Avenue opposite Rathfarnham Wood in south Dublin.

rathfarnham site 1

An artist’s impression of the units on the site in Rathfarnham

The site comprises 0.26 hectares/ 0.64 acres and benefits from full planning permission for 32 apartments, in a low-rise, three-storey block with basement parking and bicycle storage.

The planning permission for the new apartments includes two three-beds, 28 two-beds and two one-beds.The apartments are spacious and mostly have dual aspects.

The site is within walking distance of Rathfarnham village and Nutgrove Shopping Centre and there are also numerous schools and several parks close by, including Marlay and St Enda’s .

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