Savills list two Dublin properties on market for combined price of €116m

Two Dublin city properties have been put on the market for a combined guide price of €116m by estate agent Savills Ireland.

84-93 Lower Mount Street, which has been leased out by the Office of Public Works (OPW) since 1981, has been put on sale for €36m and the Brick Yards building at the Dublin Docklands has been listed for €80m.

Speaking on the Brick Yards listing, John Swarbrigg, director of development at Savills Ireland said: “This is a significant landbank in the North Docklands with clear development potential for a mixed-use scheme.

“The property provides a purchaser with an opportunity to develop a scheme of unrivalled scale in the Docklands area and to capitalise on an area undergoing significant change.

“We expect significant interest in this site, due to its location, scale and the potential behind this project.”

The Lower Mount Street property extends over 49,569 sq ft. with four floors and over 50 metres of street frontage.

According to Savills, a feasibility study by Henry J Lyons for a full redevelopment has been prepared to include the demolition of the existing building and be replaced by a part five, part six and part seven storey development comprising 9,931 sq m (106,896 sq ft) gross floor area.