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State Property.

Dáil Éireann Debate, Tuesday - 13 December 2005

Tuesday, 13 December 2005

Questions (68)

Willie Penrose

Question:

99 Mr. Penrose asked the Minister for Finance the position regarding the planned sale of State property announced by his Minister of State; the property sold to date in 2005 and the amount raised; the way in which the money raised has been used; the properties it is planned to sell during 2005; and if he will make a statement on the matter. [39014/05]

View answer

Written answers

As part of the transforming of State assets programme, the following properties have been disposed of.

Disposed of in 2004.

Building

Method of Sale

Price

2 Church St., Dungarvan, County Waterford

Public auction

337,000.00

Lad Lane, Dublin 2

Public tender

22,500,000.00

Blacklion customs frontier post site, Cavan

Private treaty to Cavan County Council

21,586.23

72-76 St. Stephen’s Green, Dublin 2

Public tender

52,300,000.00

Kilmacthomas G.S., County Waterford

Private treaty to Waterford County Council

100,000.00

14/16 Lord Edward Street, Dublin 8

Public tender

8,780,140.48

Thomastown GS, County Kilkenny

Public auction

450,000.00

Total

84,488,726.71

Disposed of in 2005.

Building

Method of Sale

Price

Dungloe former SWO, County Donegal

Private treaty

300,000.00

Leighlinbridge GS, County Carlow — disposal of part of site

Public auction

165,000.00

Ashbourne GS — disposal of part of site

Public action

2,125,000.00

St. John’s Road site, Westgate

Public tender

44,916,551.79

Ballinskelligs old Garda station, County Kerry

Public auction

409,693.03

Kilronan CGS, Galway. Sale of site to Údarás

Private treaty

1,416.53

Galway — 16 Eyre Square

Private treaty

9,920.59

The former Veterinary College, Shelbourne Road, Dublin 4

Public tender

171,500,000.00

26-27 Eden Quay, Dublin 1

Public tender

4,205,000.00

Chantilly site, Rathmichael, County Dublin

CPO compensation

5,100,000.00

Lynch’s Lodge Hotel, Macroom, County Cork

Public tender

2,300,010.00

Total 2005

231,032,591.94

The proceeds of these sales are forwarded to the Department of Finance as extra Exchequer receipts to be offset against funding for decentralisation.

Properties identified for disposal in 2006 are as in the table.

Property for Sale

Method of Sale

Guide Price / Sale Price

Muff Garda Station, County Donegal

Public auction

195,000

Bridgend former customs and excise post, County Donegal

Public auction

350,000

Knocknagoshel Garda station house, County Kerry

Public auction

75,000

Gardiner St. former SWO, Dublin 1.

Private treaty

Property swap plus €2.5 million

CPO Ballyshannon SWO, County Donegal

CPO compensation

2,500

Identification of properties surplus to requirements is continuously evolving.

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