Property Description

Investment Property For Sale

ACRES are pleased to present 45 O’Rourke Park, Sallynoggin, Co. Dublin to the market.

The property comprises a well-located mixed-use investment arranged over ground and first floor level. The ground floor is divided into two commercial units, currently let to Luna Cafe and Trim Bin Barbers, while the first floor comprises a large two-bedroom apartment which is currently vacant.

The property currently produces commercial rental income of €30,600 per annum, with the vacant apartment offering an estimated rental value of €24,000 per annum. When fully let, the property has an estimated rental value of €54,600 per annum.

This is an attractive opportunity for investors seeking a manageable mixed-use asset in a mature and well-established South Dublin location.

Key Features

* Mixed-use investment property
* Ground floor cafe let to Luna Cafe
* Ground floor barbers let to Trim Bin Barbers
* Large two-bedroom apartment overhead
* Apartment currently vacant
* Current commercial rent: €30,600 per annum
* Estimated apartment rental value: €24,000 per annum
* Total estimated rental value: €54,600 per annum
* Established South Dublin residential catchment
* Close to Dún Laoghaire, Glenageary, Monkstown, Dalkey and Blackrock
* Good bus and DART connectivity
* Convenient access to the M50 and Dublin Airport

Accommodation

The property comprises two ground floor commercial units together with a large two-bedroom apartment at first floor level.

The commercial accommodation is currently occupied by Luna Cafe and Trim Bin Barbers. The first floor apartment is vacant and offers an incoming purchaser the opportunity to secure additional rental income.

Tenancy / Income Schedule

Cafe – Luna Cafe
Rent: €18,600 per annum
Term: 20 years

Barbers – Trim Bin Barbers
Rent: €12,000 per annum
Term: 10 years from 27/02/2026

First Floor Apartment
Currently vacant
Estimated rental value: €24,000 per annum

Total Current Rent: €30,600 per annum
Total Estimated Rental Value: €54,600 per annum

Location

45 O’Rourke Park is located in the heart of Sallynoggin, a mature and well-established South Dublin suburb.

The property benefits from a strong surrounding residential catchment and is close to a wide range of local shops, schools, cafes, sports clubs and everyday amenities. Dún Laoghaire town centre, Glenageary, Monkstown, Dalkey, Killiney and Blackrock are all within easy reach.

Dún Laoghaire offers an extensive range of retail, leisure, restaurant, marine and transport amenities, including Dún Laoghaire Harbour, the People’s Park and the DART.

Transport

The property is well served by public transport. Bus routes serving O’Rourke Park and the wider Sallynoggin area include the 7, 7A, 45A, 45B, 111, 7B and 7E, providing connections towards Dún Laoghaire, Blackrock, Dublin City Centre, Bray, Shankill, Ballybrack, Dalkey and Brides Glen Luas.

Glenageary DART Station is approximately 1.5 km from the property, equating to an approximate 18–20 minute walk.

Approximate travel times by car:

* Dún Laoghaire Harbour / Ferry Terminal: 7–10 minutes
* Dún Laoghaire Town Centre: 7–10 minutes
* Glenageary DART Station: 4–6 minutes
* M50 Motorway: 12–15 minutes
* Dublin Airport: 25–35 minutes off-peak, subject to traffic

The property is also convenient to Sallynoggin Road, Glenageary Road Upper, Rochestown Avenue, the N31, N11 and M50.

Investment Potential

The property offers immediate income from the two commercial tenants together with the opportunity to increase the rental income through the letting of the vacant apartment.

Once fully let, the property has an estimated rental value of €54,600 per annum.

The mixed-use nature of the property provides income diversification across commercial and residential accommodation, in a location supported by a strong surrounding residential population.

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Viewing

Strictly by appointment through ACRES.

Disclaimer

These particulars are issued by ACRES on the understanding that all negotiations are conducted through them. They are for guidance only and do not form part of any contract. Intending purchasers should satisfy themselves as to the accuracy of all information, measurements, rents, tenancies, planning, title and outgoings. All figures are quoted exclusive of VAT unless otherwise stated.

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This property was last updated: yesterday morning