Property Description

Guide Price – Excess €4,500,000
Prime Mixed Use Investment with Secure Income & Long-Term Redevelopment Potential

Investment Summary
- Excellent opportunity to acquire an established neighbourhood centre with prime residential redevelopment potential (S.P.P)
- Large site in the heart of Donnybrook consisting of approx. 0.241 acres (0.098 hectares)
- Passing income of approx. *€406,950 per annum
- Attractive WAULT to break of approx. **4.52 years
- Mixed use scheme consisting of 12,583 sq ft of office and retail accommodation benefitting from 7 secure car parking spaces
- Zoned Z4 ‘to provide for and improve mixed services facilities’ providing long term redevelopment potential S.P.P

Location

Donnybrook is one of Dublin’s most affluent and established suburbs, located just 2.5 kilometres south of the city centre. The area benefits from strong footfall and consistent demand for retail, food and beverage, and convenience services, driven by its proximity to major employment hubs, schools, embassies, and sporting venues. The subject property occupies a prominent position on Donnybrook Road, directly opposite Donnybrook Stadium.

The location offers excellent connectivity, with frequent public transport links along the N11 corridor and convenient access to Ballsbridge, Sandymount, Milltown, and Clonskeagh. University College Dublin, situated approximately 3 kilometres to the south.

Description
Eirpage House and 55 Main Street, Donnybrook is a three storey building, providing office and retail accommodation, extending to approximately 12,583 sq. ft. finished in traditional red brick style with glazed shop fronts on the ground floor.

The building benefits from frontage onto Donnybrook Road, with access to the buildings available from Donnybrook Road to the front and The Crescent to the rear. The location offers exceptional building visibility on one of the main arterial routes in and out of Dublin City Centre.
The rear access from The Crescent also provides a secure gated entrance, car or bicycle parking and long term potential redevelopment opportunities, subject to planning permission.

The asset comprises four ground floor retail units with office accommodation located on the first and second floors.
The office accommodation benefits from shower and changing facilities and currently comprises exposed ceilings, air-conditioning, raised access floors, partitioned offices/meeting rooms and a fitted canteen.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 31 days ago