Property Description

Prime Town Centre Development Opportunity

Introducing an exceptional mixed-use town centre urban development project with full planning permission for 15 units within two blocks – the redevelopment of the existing street facing 3 storey building providing a ground floor retail with 2 apartments overhead and to its rear permission for the development of a new 2-4 storey apartment block. Situated in a prime town centre location, the proposed development would suit current urban regeneration objectives such as the Living City Initiative, offering commercial relief up to €300,000 and the Enhanced Corporation Tax Deduction offering relief up to 125% on construction costs.

57 Clanbrassil Street occupies a prominent position in the centre of Clanbrassil Street, Dundalk, Co. Louth which forms part of Dundalk’s commercial centre. Clanbrassil Street is a principal, mixed-use area of Dundalk Town comprising a mix of retail, office space, cafes, bars/restaurants and overhead apartments. The general Dundalk area offers a wide array of services and amenities including Dundalk Institute of Technology, Marshes Shopping Centre, Dundalk Retail Park, Dundalk North Business Park and IDA Business & Technology Parks which play host to numerous multi-national companies such as MSD/WuXi, Kaseya, Prometric, PCI, Almac and many more.

The development was granted full planning permission (ref 23/60103), for 14 no. residential units including a mix of 1 and 2 bed apartments ranging from 68.9 sq.m. to 114.5 sq.m. approx. together with 1 ground floor retail unit of 35.5sq m.

• Full planning permission granted for 14 residential units
• 1 prime retail unit at ground floor level
• Highly desirable town centre location
• Strong rental demand for residential and retail space in the area
• Opportunity for developers or investors seeking a ready-to-deliver mixed-use scheme

This is a rare chance to deliver a landmark town centre development in a location where demand for quality residential accommodation and modern retail space is on the rise.

• Full planning permission granted for 14 residential units
• 1 prime retail unit at ground floor level
• Highly desirable town centre location
• Strong rental demand for residential and retail space in the area
• Opportunity for developers or investors seeking a ready-to-deliver mixed-use scheme

This property was last updated: today, 16 hours ago