38 – 39 Leeson Street Lower

• Extending to approx. 1,400.8 sq m (15,080 sq ft) GIA
• Includes two no. three bedroom mews properties to the rear
• Passing rent of €358,300 per annum from 9 commercial and residential tenants
• 100% occupancy with significant reversionary potential
• Offers sought in excess of €5,150,000
• Reflecting a Net Initial Yield of 6.41% after the deduction of standard acquisition costs of 8.46%

38 – 39 Leeson Street Lower is located approx. 0.2 km south of St. Stephens Green and approx. 150 m north of Leeson Street Bridge. The area is an established Georgian location.

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.