Botanic Road

Dublin 9

The Opportunity

5 acre brownfield residential development site in Dublin; substantial developable footprint in established suburb of the capital.

Strategy

Appoint experienced team of advisors to maximise planning gain and minimise objections.

Implementation

Westhill used determination and discernment to achieve planning, through An Bord Pleanala. Site sold with planning permission for 119 residential units.

Results

Profit on cost: 51%
IRR: 28%
Purchase: October 2013
Time in planning process: Sept-14 -> Aug-16
Sale: April 2017