Developer puts 1m price tag on three-bed Dublin apartment for social housing
Briefly

Developer puts 1m price tag on three-bed Dublin apartment for social housing
"Ardstone subsidiary, Sandford Living Ltd is making a renewed bid to secure planning permission for a €356m apartment scheme at the corner of Sandford Road and Milltown Road in Dublin 6. As part of its Part V social housing requirements, Sandford Living is proposing to sell 56 of the planned 562 apartments to the City Council for social housing and has put a price tag of €1.03m on the largest three-bedroom apartment."
"In total, Sandford Living has put a price tag of €35.54m on the 56 apartments and the developers are seeking between €977,154 to €978,039 for three other three-bed apartments. The lowest price among the designated 56 social housing units is €365,300 for a studio apartment. The indicative prices for the two-bedroom units range from €690,917 to €820,217."
"In all, the developers are planning sell five three-bed units, 27 two-bed units, 14 studios and 10 one-bed apartments. A final price will be reached between the developers and the council after planning permission has been secured. It is Sandford Living Ltd's third application for the site and planning consultants, Thornton O'Connor (TOC) states that the previous two applications have been subject to High Court judicial reviews."
Sandford Living Ltd, an Ardstone subsidiary, has applied for planning permission for a €356m, 562-apartment scheme at Sandford Road and Milltown Road in Dublin 6. As Part V provision, 56 apartments are proposed for sale to Dublin City Council for social housing, priced collectively at €35.54m. Prices range from €365,300 for the cheapest studio to €1.03m for the largest three-bedroom unit, with two-bedroom units indicated between €690,917 and €820,217. The designated social-housing units comprise five three-beds, 27 two-beds, 14 studios and 10 one-beds. This is the third application for the site after two previous schemes faced High Court judicial reviews; one previous 667-unit scheme was remitted to An Coimisiún Pleanála and a separate judicial review concerns a 636-unit permission.
Read at Irish Independent
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