Written answers
Wednesday, 27 April 2005
Department of Finance
State Property
9:00 pm
Breeda Moynihan-Cronin (Kerry South, Labour)
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Question 62: To ask the Minister for Finance the position regarding the planned sale of State property announced; 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. [13351/05]
Tom Parlon (Laois-Offaly, Progressive Democrats)
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The information is set out in the table.
| Building | Title | Price | Closing Date of Sale |
| â'¬ | |||
| 2 Church St., Dungarvan, County Waterford | Fee Simple | 337,000.00 | 12 May 2004 |
| Lad Lane, Dublin 2. | Leasehold — 92 years | 22,500,000.00 | 5 May 2004 |
| Blacklion Customs Frontier Post Site — Cavan | 21,586.23 | 16 March 2004 | |
| 72-76 St. Stephen's Green, Dublin 2. | Fee Simple | 52,300,000.00 | 15 September 2004 |
| Kilmacthomas G.S., County 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 GS, County Kilkenny | Fee Simple | 450,000.00 | 7 December 2004 |
| Total 2004: | 84,488,726.71 | ||
| Dungloe Former SWO, County Donegal | Fee Simple | 300,000.00 | 25 April 2005 |
A site beside the Garda station in Leighlinbridge, County Carlow, was sold at auction on 26 March 2005 for €150,000. Sale is due to close shortly. A site at St. John's Road, Westgate, is to be sold, jointly with Eircom, by public tender on 26 May 2005. A site at Ashbourne Garda station is due to be sold at auction in June.
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 further properties will be disposed of in the remainder of 2005. Premature release of disposal information and timescales would also affect the potential income from such disposals.
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