Swords Business Campus extends across an area of 19 acres, and sits 1km from the M1 motorway and is five minutes' drive from Dublin AirportThe opportunity to secure immediate rental income underpinned by a strong tenant covenant coupled with the prospect of delivering a major residential development in an area of proven demand should see interest from both Irish and international investors in the sale of Swords Business Campus on Balheary Road in north Dublin.
Quite apart from its provision of accommodation for traditional office occupiers, Swords Business Campus has established itself as a key location for companies involved in the life sciences and healthcare sectors. The scheme is home to numerous industry-leading companies and public bodies including CityJet, the CSO, the HSE and Convergys, all of which have been long-term occupiers.
In terms of its potential for residential development, KMD Architecture has undertaken a feasibility study for a major apartment scheme at the north end of the campus adjacent to the planned Metro station. The study suggests there is capacity to deliver four nine-storey blocks comprising a total of 372 apartments above a semi-basement car park, subject to the subject site being zoned and securing planning permission.
And will those apartments be bought by American real estate folk and rented to the govt to let for extortionate prices? Just wondering like