NEW DUBLIN PENTHOUSE COULD BREAK CITY RECORDS

  • Mansion Global
  • Published 23.04.2018

    The eighth-floor apartment is asking €7.5 million

     

    BY LIZ LUCKING

    A fresh-to-the-market €7.5 million (US$9.15 million) penthouse in Dublin, Ireland, could break Irish sales records, according to a representative for the development.

    The eighth-floor penthouse, which hit the market earlier this month, is located within Lansdowne Place, a high-end development on the site of the former Trinity College Botanic Gardens of Ireland in Ballsbridge, an affluent Dublin neighborhood. If it sells for its asking price, it will break both city and country records for the sale of a new-build apartment.

    The four-bedroom apartment—the largest in the development—spans 4,240 square feet and has an additional 3,460 square feet of exterior space, including a terrace and a private rooftop garden. It has a custom-designed kitchen that was handcrafted in Ireland, floor-to-ceiling windows, a sunroom and limestone and marble bathrooms. Savills and Sherry FitzGerald share the listing.

    The 215-unit development will have a total of 24 penthouses, along with amenities including a lounge, library, meeting room, cinema, private dining room and a gym, sauna and steam room.

    The current record for a new development apartment is reportedly held by another penthouse in Lansdowne Place that sold late last year for €6.5 million (US$7.93 million). The smaller unit spanned a total of 5,700 square feet, including interior and exterior space.

    Though the majority of buyers so far have been domestic, “we’re also seeing a lot of interest from those with an eye for key growth cities in Europe that see Lansdowne Place as a blue chip investment,” Andrew Gunne, chief executive of Chartered Land—the building’s developer—told Mansion Global via email. “The location in the city’s most prominent area and the fact that Ireland is currently in the midst of a major economic growth phase offers long term capital growth potential in a top quality international scheme.”

    The Irish Independent first reported the listing.

     

    This article originally appeared on the Mansion Global.

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    Enquiries

    Savills
    +353 1 4854634

    BEVERLY ENSOR
    Development Manager
    New Homes

    beverly.ensor@savills.ie
    lansdowneplace@savills.ie

    Sherry Fitzgerald
    +353 1 6671888

    GREG COFFEY
    Senior Sales Consultant
    New Homes

    greg.coffey@sherryfitz.ie
    lansdowneplace@sherryfitz.ie