5 & 7 Drumcondra Road Lower, Drumcondra, Dublin 9, Dublin 9
€1,350,000
Investment Property For SaleRating:

Contact Name: Ian McCarthy
Selling Agent:
BidX1
PSR Licence Number: 001652
Email Agent Show NumberProperty Description
Auction Date & Time: Thu, Oct 22 at 10:30 AM,
Auction Location: Online - bidx1.com/en/108945
A multi-unit residential investment opportunity.
Comprising 2 x Pre-63 mid terrace properties with 11 x one bedroom units in total.
Ranging in size from approximately 18.27 sq. m (196 sq. ft) - 32.35 sq. m (344 sq. ft).
Highly sought after location within walking distance of the Mater Hospital and Croke Park.
Situated 200 metres from Drumcondra train station.
Large easterly facing rear gardens.
8 x units are occupied and generating a passing rent of €76,860 per annum.
Gross Yield of 5.69% with vacant possession of 3 x units.
The properties are both arranged over the ground, first and second floors to provide 2 x mid-terrace Pre-63 properties. Internally, the properties are arranged to comprise 6 x units in No. 5 and 5 x units in No. 7.
Ideally located within walking distance of both Drumcondra and Fairview villages, the property enjoys access to a wide range of retail, dining, leisure and community amenities.
The location benefits from excellent connectivity, with numerous Dublin Bus routes providing convenient access to Dublin city centre, while Drumcondra Train Station, situated approximately 200 metres away, of services to Maynooth, M3 Parkway, Sligo/Longford and other commuter destinations.
The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:
Eleven bedroom accommodation.
Ref: IE0011026000043
BER Details

Energy Performance Indicator: 393.51 kWh/m2/yr
This property was last updated: 3 days ago