Property Description

31–32 Wellington Quay
Dublin 2
A Distinctive Riverfront Investment in the Heart of Dublin

Mixed-use commercial and residential investment producing €74,400 per annum, with a further €30,000 per annum available from the letting of the vacant two-bedroom apartment.

Investment Highlights
Commanding position overlooking the River Liffey
Current passing income of €74,400 per annum
Vacant two-bedroom apartment with an estimated rental value of €30,000 per annum
Total estimated rental value of €104,400 per annum
Retail, office and residential accommodation
Approximately 2,886 sq ft
Independent access to the residential accommodation
Freehold title
Immediately adjoining Temple Bar
Guide price of €2,180,000
Reversionary yield of approximately 4.50%
Investment Overview

31–32 Wellington Quay presents an opportunity to acquire a compact mixed-use investment in one of Dublin’s most recognisable city-centre locations.

The property generates a current passing rent of €74,400 per annum from the occupied commercial and residential accommodation. The vacant two-bedroom apartment has an estimated rental value of €30,000 per annum, providing an incoming purchaser with an immediate opportunity to increase the total income to approximately €104,400 per annum.

Extending to approximately 2,886 sq ft, the property offers an attractive combination of established income and clearly identifiable residential upside.

Location
Dublin at the Door

The property occupies a highly visible position on the south bank of the River Liffey, midway between the Ha’penny Bridge and Millennium Bridge. Temple Bar lies immediately to the rear, placing the building within Dublin’s principal cultural, hospitality and visitor quarter.

The surrounding area is home to an exceptional concentration of established hotels, restaurants and hospitality operators, including The Clarence, The Morgan, Hard Rock Hotel, Rosa Madre, FX Buckley, Elephant & Castle and Dollard & Co.

Dublin Castle, City Hall, Trinity College, the Four Courts and the principal shopping district of Grafton Street are all within walking distance.

The location is exceptionally well served by public transport, with numerous Dublin Bus routes operating along the quays and both Luas lines and DART services within a short walk.

Property Description
Commercial Income. Residential Potential. One Exceptional Address.

The property comprises a well-presented mixed-use building arranged over ground and four upper floors, with approximately six metres of frontage onto Wellington Quay.

The ground floor accommodates an established retail unit, with office accommodation at first-floor level. The second floor comprises a vacant two-bedroom apartment, offering immediate letting or refurbishment potential.

A generously proportioned three-bedroom duplex apartment occupies the third and fourth floors. Both residential units benefit from independent access directly from Wellington Quay.

Tenure

The property is held freehold.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 2 days ago