91b George's Street Lower, Dun Laoghaire, Dun Laoghaire, Co. Dublin, A96R125
Investment Property
€3,300,000
• Refurbished pre-1963 residential building comprising 12 self-contained apartments (10 x one-bed and 2 x studio units) • Vacant possession & free from rent caps, providing complete flexibility for an incoming purchaser • Prime town centre location on George's Street Lower, Dún Laoghaire, one of South Dublin's most sought-after residential locations • Comprehensive refurbishment completed to an exceptional standard resulting in a BER B rating • Projected rental income of approximately €285,000 per annum based on current ERVs • Excellent transport connectivity with Dún Laoghaire DART Station, numerous bus routes and easy access to the N11 and M50 • Cushman & Wakefield are guiding €3,300,000, which reflects a 7% Net Initial Yield after the deduction of standard purchaser's costs. The property has been comprehensively refurbished to an exceptional standard, creating a turnkey residential investment opportunity. Works included full rewiring and replumbing, extensive insulation upgrades and a BER B rating. Significant investment has also been made in fire safety and building services, with extensive fireproofing works, a new centralised fire alarm system, video intercom access, CCTV coverage and upgraded communal areas. Each apartment has been finished to a high contemporary specification, featuring brand-new fitted kitchens complete with electric ovens, induction hobs and vented extractor fans, complemented by attractive herringbone luxury vinyl tile (LVT) flooring. The newly fitted bathrooms feature fully tiled walls and floors, modern shower facilities, wall-hung vanity units with integrated washbasins, LED Bluetooth mirrors, close-coupled toilets and mechanical extraction, providing a stylish, practical and low-maintenance finish. Bedrooms have been fitted with conveniently positioned USB and USB-C charging sockets on either side of the bed, while the entire building has been wired to facilitate Wi-Fi connectivity. Further enhancements have been made to improve the building's energy efficiency, operational performance and ease of ongoing maintenance. New PIR motion sensors have been installed throughout the landlord-controlled communal areas to reduce electricity consumption and associated running costs. A dedicated laundry room has also been provided, accommodating washing machines and dryers for residents' convenience. Externally, the property benefits from generous front and rear courtyard areas, together with a dedicated bicycle storage facility to the rear, enhancing the overall residential offering. 91B George’s Street Lower is ideally positioned in the heart of Dún Laoghaire, one of South Dublin’s most established and vibrant coastal suburbs. The area is renowned for its attractive seaside setting, historic character and excellent range of amenities, making it a highly desirable residential location for both owner-occupiers and renters alike. The property benefits from outstanding connectivity. Dún Laoghaire DART Station is within a short walk, providing regular services to Dublin City Centre and the wider coastal corridor. Numerous Dublin Bus routes operate throughout the town, while the N11 and M50 motorway network are easily accessible, ensuring convenient travel across Dublin and beyond.
BER Details
B E R B€3,300,000
Investment Property
Ryan Murphy
Cushman & Wakefield Dublin
2 Cumberland Place, Fenian Street, Dublin 2
PSR Licence No. 002222
