Written answers
Thursday, 30 March 2006
Department of Finance
State Property
5:00 pm
Eamon Gilmore (Dún Laoghaire, Labour)
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Question 76: 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 2006; and if he will make a statement on the matter. [12401/06]
Brian Cowen (Laois-Offaly, Fianna Fail)
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As part of the transforming of State assets programme the following properties have been disposed of:
| Disposed of in 2004 | ||
| Property | Method of Sale | Price |
| â'¬ | ||
| 2 Church St., Dungarvan, Co. Waterford | Public Auction | 337,000.00 |
| Lad Lane, Dublin 2. | Public Tender | 22,5000.00 |
| Blacklion Customs Frontier Post Site — Cavan | Private Treaty to Cavan Co. Co. | 21,586.23 |
| 72-76 St Stephen's Green, Dublin 2. | Public Tender | 52,300,000.00 |
| Kilmacthomas G.S., Co. Waterford | Private Treaty to Waterford Co. Co. | 100,000.00 |
| 14/16 Lord Edward Street, Dublin 8. | Public Tender | 8,780,140.48.00 |
| Thomastown GS, Co. Kilkenny | Public Auction | 450,000.00 |
| Total 2004 | 84,488,726.71 |
| Disposed of in 2005 | ||
| Property | Method of Sale | Price |
| â'¬ | ||
| Dungloe Former SWO, Co. Donegal | Private Treaty | 300,000.00 |
| Leighlinbridge GS, Co. Carlow — disposal of part of site | Public Auction | 165,000.00 |
| Ashbourne GS — disposal of part of site | Public Auction | 2,125,000.00 |
| St. John's Road site (Westgate) | Public Tender | 44,916,551.79 |
| Ballinskelligs Old Garda Station, Co. 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 |
| 26-27 Eden Quay, Dublin 1. | Public Tender | 4,205,000.00 |
| Chantilly site, Rathmichael, Co. Dublin | CPO compensation | 5,162,202.65 |
| Total 2005 | 57,294,784.59 |
| Disposed of in 2006 | ||
| Property | Method of Sale | Price |
| â'¬ | ||
| The former Vet. College, Shelbourne Road, Dublin 4 | Public Tender | 171,558,110.36 |
| Lynch's Lodge Hotel, Macroom, Co. Cork | Public Tender | 2,300,036.08 |
| Total (To-date) 2006: | 173,858,146.44 |
The proceeds of these sales are forwarded to the Department of Finance as extra Exchequer receipts to be offset against funding for decentralisation.Identification of properties surplus to requirements is continuously evolving; premature release of disposal information and timescales would affect the potential income from such disposals.
Properties identified for disposal in 2006 are as follows:
| Property for Sale | Method of Sale |
| Muff Garda Station, Co. Donegal | Public Auction |
| Bridgend former Customs & Excise Post, Co. Donegal | Public Auction |
| Knocknagoshel Garda Station House, Co. Kerry | Public Auction |
| Gardiner St. former SWO, Dublin 1. | Private Treaty |
| CPO Ballyshannon SWO, Co. Donegal | CPO Compensation |
| Faculty Building, Shelbourne Road, Ballsbridge, Dublin 4 | Public Tender |
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