CBRE Ireland make this Residential Zoned Land Tax (RZLT) Submission to South Dublin County Council (SDCC / Council) on behalf of Onyx Ireland 2022 Propco I Limited, 1-2 Victoria Buildings, Haddington Road, Dublin 4 (Client).  

Onyx Ireland 2022 Propco I Limited (Client / Landowner), which is one of several ‘Onyx Ireland’ property company entities led locally by M7 Real Estate Ireland Limited as a property investment and asset management company that specialises in commercial and industrial properties.  The subject site is among 270 no. units held within one of the company's current investment funds, collectively offering c. 2.6 million sq. ft. of industrial and logistics orientated floorspace.

This Submission relates to our Clients lands at Unit 81, Cookstown Industrial Estate, Tallaght, Dublin 24; Folio DN425F (subject site) (see Appendix A of the attached Submission). 

This Submission has been prepared with consideration for the Council’s ‘RZLT – Annual Draft Map’ and the 'Residential Zoned Land Tax – Guidelines for Planning Authorities' (June 2022).  

As per requirements, we confirm that the following are included in this Submission: 

•  Name and address of the Subject Site and Landowner (stated above). 
•  Reasons for the Exclusion of the Lands from the ‘RZLT - Annual Draft Map’ (detailed in the attached Submission).
•  A Map of the subject site at scale 1:1,000 (urban area) (see Appendix B of the attached Submission). 

This Submission affirms our professional opinion that the subject site should be excluded from the ‘RZLT – Annual Draft Map’ due to:

• The subject site being currently used for emergency accommodation; based on a 5-year agreement which was signed in 2022 [Note: Confirmation of same available upon request].
• The recent refurbishment of the property to this end not only serves the occupational requirements of the property’s inhabitants, but also the Landowner's commitment to the continued use of this asset for the foreseeable future.
• Both the Council and An Bord Pleanála have identified significant deficiencies in essential infrastructure, such as water supply, wastewater sewerage networks, and road networks, making residential development on the subject site premature to the delivery of said infrastructure.
• Payment of Rates by the Landowner / Occupier to the Council up to and including 2023.

Therefore, we respectfully request that the Council acknowledges the subject sites’ exemption and subsequently excludes it from the ‘RZLT – Annual Draft Map’.