Downloads
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Overview
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Key Points
- 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 €244,900 per annum from 9 commercial and residential tenants
- 100% occupancy with significant reversionary potential
- Offers sought in excess of €4,750,000
- Reflecting a Net Initial Yield of 4.69% after the deduction of standard acquisition costs of 9.96%
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Details
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Location
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.
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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.
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Financials
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Current Passing Rent
€244,900 per annum
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Contact
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Brian Gaffney
Email: bg@murphymulhall.ie Tel: +353 1 634 0300 -
Hugh ODonnell
Email: hugh@murphymulhall.ie Tel: +353 1 531 1038
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