Overview:

Available to Move in:

Now

Property Description:

Investment Summary

Superb elevated location
Pristine condition
All units fully let
Development potential subject PP
Tenants not Affected

Description

Rare and interesting opportunity to acquire a freehold landmark property on one of Dublin’s most vibrant suburbs.

The property comprises a detached two storey mixed use property. This period building extending to approximately 497 m and consists of four tasteful shopfronts on the ground floor and four generous apartments upstairs and to the rear. The building is presented in excellent condition having been superbly maintained by the current owners and retain many original features including decorative cornicing, ceiling roses, sash windows and flanking pediment bay. The building retains its gracious proportions with single-storey modern square-plan extension to rear.

The property also benefits from a large rear development site offering valuable potential to extend the existing building subject to PP, providing complete seclusion and privacy with access through the building or to the right of the restaurant and extends to approx. 575 m.

Drumcondra is an affluent densely populated residential suburb on the north side of Dublin City. The subject property is set in an elevated position overlooking the Bishops Place on Drumcondra Road Lower. Drumcondra is located just 1.6km north of Dublin city centre and its general surrounds provide a wide variety of shops, boutiques, bars, restaurants, schools and universities. There are also ample leisure and recreational facilities in the area including Croke Park, Tolka Park and Home Farm Football Club and The Botanic Gardens. Easy access is enjoyed to the city centre, IFSC, Dublin Airport, Beaumont, Mater & Temple Street Hospitals, DCU and the M1/M50 Motorways.

Apartments

Apartment 1 – 2 bed double 72 m
Apartment 2 – 2 bed double 83 m
Apartment 3 – 3 bed double 100 m
Apartment 4 – 2 bed double 72 m

Retail

Unit 94A Bread & Butter 50 m includes forecourt
Unit 94B Allure Beauty & Spa 50 m
Unit 94C Lovely Food Co 36 m includes forecourt
Unit 94D Lovely Food Co 34 m includes forecourt

Development Site 575 m

Total Rents – 168,800.00