Having reportedly come close to being sold to hoteliers for about €17 million less than six months ago, Ulster Bank’s landmark premises at 33 College Green in Dublin city centre has returned to the market. The property is guiding at a price of €14 million, an increase of €500,000 on the €13.5 million sought by agent Cushman & Wakefield when it first put the building up for sale in September 2023.
The building is zoned Z5 City Centre under the terms of the Dublin City Development Plan 2022-2028. The objective of this zoning is “to consolidate and facilitate the development of the central area, and to identify, reinforce, strengthen and protect its civic design character and dignity”. There are several uses permitted in principle under this zoning, including the development of hotels, offices, residential and retail.