The property holds full planning permission for 79 apartments, a two-storey senior citizen centre extending to 8,686 sqft, as well as 2,248 sqft of retail space. That planning permission was secured by Brookclam Land Ltd.

Occupying a prime position on Forster Way, just 50 metres from Main Street, the 1.38-acre (0.56 ha) site is currently operated as a surface car park with 105 spaces generating a net operating income (NOI) of €395,000 in 2024. It is currently managed under a short-term contract by Euro Car Parks.

The asset benefits from prospects for revenue growth as a further 29 parking spaces have recently been marked out within the existing boundary and together with an increase in hourly parking rates from €3.00 to €3.20, these could combine to boost forecast NOI to approximately €5

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