Dublin Central Logistics Park, comprises approx. 36.9 Ha (91.4 Acre) situated on the north eastern corner of Junction 5 on the M50 and is zoned entirely for General Employment (GE) use under the draft Fingal County Development Plan 2023 - 2029. The lands are predominantly in agricultural use and include a large two storey vacant residence and 4 light industrial units on approx. 0.97 Ha (2.40 Acre) accessed directly off the R122 Road.
Given the high-profile location and excellent transport links, the lands have obvious immediate development potential as a strategic industrial and logistics park of significant scale. Dublin Central Logistics Park is ideally situated within close proximity to major transportation links including Dublin Airport, the M50 Motorway and the Dublin Port Tunnel.
The lands are being offered for sale in a single lot and are expected to attract the interest of a number of major developers and investment funds actively pursuing industrial development opportunities in the Greater Dublin Area. The sale of the nearby 118 acres at Killamonan Business Park earlier this year demonstrated the depth of demand currently in the market for development opportunities in the logistics sector. Given the strong interest in these lands, a number of the parties who bid on this asset are expected to now turn their attention to Dublin Central Logistics Park, which has capacity for a development of scale.
Joint agents Savills and Cushman & Wakefield predict considerable demand for the asset, given its prime location and the opportunity to deliver a prestigious commercial development which will represent a trophy asset in any portfolio.
Further details are available from Gavin Butler, Jarlath Lynn and John Swarbrigg, Savills 01 6181300 and Brendan Smyth, Paul Nalty and Karl Lynch, Cushman & Wakefield 01 639 9300.