Property Description

DNG Commercial are delighted to present 10a & 12a Lower Carysfort Avenue, Newtown Blackrock, Blackrock, Co. Dublin to the market. This commercial portfolio offers an outstanding opportunity to acquire two secure retail properties currently producing strong income levels relative to the Blackrock retail market.

Location
Carysfort Avenue is a well-established commercial street located in the centre of Blackrock, a coastal suburb situated approximately 6 kilometres south of Dublin city centre. The property occupies a prominent position close to Blackrock Main Street, with a diverse range of shops, cafés, restaurants, and local services in the immediate vicinity. Blackrock is a mature town centre featuring a vibrant mix of retail, service, and professional occupiers.

The area forms part of the Dun Laoghaire–Rathdown local authority area, which represents one of the more densely populated and affluent parts of South Dublin. The locality boasts a well-established residential base comprising families, professionals, and a stable catchment population levels supported by ongoing residential demand and infill development in surrounding areas.

Public transport links serving the neighbourhood are excellent. The area benefits from direct access to the DART rail line, providing frequent services along the Dublin coastal corridor and into the city centre. Numerous Dublin Bus routes operate through the locality, while vehicular road access is facilitated by the nearby N31 and N11, linking directly to the M50 motorway network.

Accommodation & Tenancy Details
The portfolio is arranged across two well-appointed suburban retail units:

10A Carysfort Avenue: This unit provides a well-proportioned ground-floor retail space. The property is currently fitted out as a traditional retail shop and is occupied by the national charity retailer, The Sue Ryder Foundation. Extending to 474 sq. ft, this unit is let under a 25-year lease from January 2022 with no break option. (Further Details on Request)

12A Carysfort Avenue: Extending to approximately 290 sq. ft., this neighbouring unit offers an attractive, high-profile suburban commercial frontage. The property is occupied by the well-established South Dublin estate agency Beirne & Wise, operating as their dedicated Blackrock branch office. The property is held under a 20-year lease from February 2023, incorporating a tenant break option in Year 10 (2033).
(Further Details on Request)

Further Information
Guide Price: €595,000
Viewings: Strictly by appointment only with sole selling agents, DNG Commercial
Contact: 01 4912600
BER: D1/D2

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 2 days ago