Property Description

VR Property is delighted to bring to the market a rare opportunity to acquire a Pre-'63 building, fully renovated in 2018 and vacant, containing 9 high-quality self-contained studio apartments, generating a strong rental income of €159,000 per annum. The property also benefits from planning permission for a two-storey 1-bedroom mews to the rear, offering further value-add potential.


Property Type: Investment / Apartment Block
Size: 2,874 sq. ft. (267 sq. m)
Units: 9 self-contained studio apartments
Current Rent: € 159,000 per annum
Build Type: Pre-63, fully renovated 2018
Planning Permission: Granted for a two-storey 1-bedroom mews to the rear


Prime Rathmines Location - Excellent Residential Opportunity

Located in the highly sought-after Rathmines area, this property benefits from a central and convenient location with excellent access to public transport and city amenities.
Key features of the area:
- Convenient transport links: Close to main roads and public transport for easy access to Dublin city centre and surrounding areas.
- Local amenities: Shops, restaurants, cafes, and leisure facilities within walking distance.
- Community & lifestyle: Well-regarded schools, parks, and cultural attractions nearby.
- Strong rental demand: Rathmines is popular with professionals and students, offering potential for a steady rental market.
Investment Highlights:
- Strong rental yield (€ 159,000 p.a.)
- 9 self-contained studios - high rental demand
- Potential to add value with approved mews development
- Prime Rathmines location ensures long-term capital growth


Disclaimer
VR Property gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of VR Property has any authority to make any representation or warranty whatsoever in relation to this property.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: yesterday morning