Hibernian Estates- Dublin’s fastest growing estate agents present to the market this mix use three story over basement terraced investment opportunity with potential to attract gross annual yields of 8%-10%. Ideally located close to O’Connell Street and being sold with vacant possession this is an exciting opportunity for builder/developer/astute investor to capitalize on strong commercial/residential rents in this locality. The property has the advantage of being granted full planning permission for 3 x 2 bed apartments overhead and ground floor retail.
Located close to two major hospitals and large University this location has benefited from major re development in the past.
Separate access to retail and overhead accommodation
The building is laid out currently 3 story over basement.
Ground floor commercial unit: c 590 sq ft
Front window display with temporary showrooms, door to rear
Basement Area: Utilised as storage c 400 sq ft
Laid out currently as 1 x studio & 1 x 1 Bed apartment
Laid out as 1 x studio apartment & 1 x 1 bed apartment
Services: Electricity, main water, mains sewerage
-Ideally located investment opportunity
-Attractive yields on offer with this potential mixed use investment
-Lends itself to builders//developers project to tap into attractive rental returns on offer
-Close to large 3rd level institutes
-Individually metered apartments
-Full planning granted for 3 x 2 bed apartments on upper floors and retail on ground floor