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Dublin: 6 °C Tuesday 25 November, 2014

Landmark Montrose Hotel to be converted to ‘high-spec’ student housing

The relaunched ‘Montrose Student Residence’ — just across the N11 from UCD — will open its doors in September.

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The Montrose Hotel — soon to be reopened as the ‘Montrose Student Residence’

THE MONTROSE HOTEL, a well-known Dublin 4 landmark just across the road from UCD and a short walk from RTÉ’s Donnybrook campus, is to be redeveloped for student accommodation.

Third level and graduate students “Dublin-wide” will be targetted for the development through the academic year, and it’s planned the property will be used for international language students during summer months.

The revamped ‘Montrose Student Residence’ will open for business in September.

The plan — being helmed by Ziggurat Student Living — will see the hotel redeveloped to offer 192 bedroom units, arranged “in a choice of five to eight bedroom ‘cluster flats’ each with communal living, kitchen and dining areas”.

It’s planned the residence will also offer round-the-clock security, on site laundry and car parking spaces. Utilities, broadband internet and contents insurance are all included in the room rental, according to the developers, and it’s projected rent will start from €175 per week, based on a 42 week term.

The €22.5 million project is the first Irish development by the firm, which says it plans to create over 1,000 student bed spaces in the city over the next five years.

According to the company:

Privately owned and managed bespoke student accommodation, as an alternative to on-campus housing, is an increasingly attractive option for students and their families.

Ziggurat is currently working on similar projects in Edinburgh and Newcastle, and says it’s also making efforts to launch a second scheme in Dublin.

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Image: Google Maps

Read: Dublin seen as hot property in Europe’s real estate market

Read: Relics of the boom: What now for the banking sector’s landmark real estate sites?

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