M2 Airlink Lands, Cherryhound Junction 2 – c. 26ha / c. 64acres

SOLD TO IPUT FOR EXCESS OF €24m HAVING GUIDED €18m.

M2 Airlink consists of 55.30 acres of zoned Industrial land, with a further 9.04 acres offering future development potential upon rezoning. M2 Airlink comprises one of the most accessible ‘GE’ zoned greenfield sites in Dublin, as it is adjacent to the M2 Cherryhound interchange and within close proximity to the M50, Dublin Airport and Dublin Port Tunnel. As a result, with the favourable lot size of the lands and excellent location, M2 Airlink lends itself to a wide variety of logistics uses, subject to planning permission. The lands are predominantly zoned “GE – General Employment” under the Fingal Development Plan 2017 – 2023 which can be defined as “Provide opportunities for general enterprise and employment.”

The remaining 9.04 acres, located at the northern aspect of the site, are currently zoned “GB – Greenbelt”. There is a strong precedent for a rezoning of these lands to an industrial use. We have listed the uses permitted in principle; The scheme is on the fringe of main transport hubs such as the M50, M1, M2, M3 and Dublin Airport, in addition to benefitting from being in close proximity to a vast array of amenities including shopping, restaurants/cafes, overnight accommodation and fitness outlets, to include: • Ireland’s largest shopping centre at Blanchardstown • Sport Ireland Campus • M50 • Blanchardstown Crowne Plaza • IKEA • Dublin Airport