Guide price of over €2m for units in Kylemore Park West
By William O'Connor
A GUIDE price of €2.2 million has been put on two industrial units at Kylemore Park West in Ballyfermot.
Selling agents Savills say Units 1 & 3A, Kylemore Park is an excellent opportunity to purchase or rent two freehold industrial units with redevelopment potential.
The property on Kylemore Park is suitable for enterprise centre, light industry or tech-based industry
The subject properties are located on Kylemore Park West just off the Kylemore Road and within 1.5 kms of the N7 and the Luas Red Line stop at Kylemore.
Other occupiers in the area include Mick’s Garage, Masterlink Logistics, Cold Move, Silent-Aire and Loctite.
Unit 3A is occupied by GD Autos on the basis of a two-year lease from November 16, 2018 at a rent of €40,000 per annum. A Deed of Renunciation has been executed.
Both properties are zoned under objective Z6 in the Dublin City Council Development Plan 2016 – 2022, i.e. “to provide for the creation and protection of enterprise and facilitate opportunities for employment creation.”
Permissible uses under this zoning objective include enterprise centre, light industries, hotel, science and technology-based industry.
Uses open for consideration include nightclub, office, petrol, residential, warehousing (retail/non-food)/retail park and warehousing.
