Written answers
Tuesday, 1 February 2005
Department of Finance
Disposal of State Properties
8:00 pm
Michael D Higgins (Galway West, Labour)
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Question 48: To ask the Minister for Finance the position regarding the planned sale of State property announced by his Minister of State; if he will list the property sold to date and the amount raised; the way in which the money used has been raised; the properties it is planned to sell during 2005; and if he will make a statement on the matter. [2470/05]
Tom Parlon (Laois-Offaly, Progressive Democrats)
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The following table shows details of the properties disposed of by the Office of Public Works in 2004.
| Building | Title | Price | Closing Date |
| â'¬ | |||
| 2, Church Street, Dungarvan, Co. Waterford. | Fee Simple | 337,000.00 | 12 May 2004 |
| Lad Lane, Dublin 2. | Leasehold — 92 year. | 22,500,000.00 | 5 May 2004. |
| Blacklion Customs Frontier Post Site, Co. Cavan. | 21,586.23 | 16 March 2004. | |
| 72-76 St. Stephen's Green, Dublin 2. | Fee Simple | 52,300,000.00 | 15 Sept. 2004. |
| Kilmacthomas G.S., Co. Waterford. | Fee Simple | 100,000.00 | 13 August 2004. |
| 14/16 Lord Edward Street, Dublin 8. | Fee Simple | 8,780,140.48 | 30 August 2004. |
| Thomastown G.S., Co. Kilkenny. | Fee Simple | 450,000.00 | 7 December 2004. |
| Total 2004 | 84,488,726.71 |
The bulk of the proceeds of these sales will go to finance the decentralisation programme while €10 million of the proceeds has been applied to priority projects, mainly in the Garda area.
Identification of properties surplus to requirements is continuously evolving and it is not possible to confirm what properties will be disposed of in 2005. Premature release of disposal information and timescales would also affect the potential income from such disposals.
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