Categories: Investment.
Property status:
Sale Agreed
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  • Overview

    • Key Points

      • Extending to approx. 1,103.61 sq m (11,879 sq ft) GIA

       

      • Currently arranged to provide medical/dentistry use at basement level, dentist surgery (cont.) and office accommodation at ground and first floors and six residential units located across the second and third floors

       

      • Passing rent of €227,500 per annum from 10 commercial and residential tenants

       

      • 100% occupancy with reversionary potential

       

      • Offers sought in excess of €4,300,000

       

      • Reflecting a Net Initial Yield of 4.88% after the deduction of standard acquisition costs of 8.46%
  • Details

    • Location

      17-19 Fitzwilliam Street Upper is well located within the heart of Georgian Dublin. The property is situated approx. 100 m southeast of St. Stephen’s Green and adjacent to Fitzwilliam Square.

      There is an abundance of services and amenities within the immediate vicinity including restaurants, cafes, banks and shops as well as the Burlington, Mespil and Merrion hotels. Nearby occupiers include LinkedIn, The IDA and the Australian Embassy.

    • Investment Opportunity

      This property presents a rare opportunity to acquire a substantial reversionary Georgian investment in the heart of Dublin 2 with undoubted potential to increase the future rent roll though rent reviews and asset management.

  • Financials

    • Current Passing Rent

      €227,500 per annum
  • Contact

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