Property Description

Location

11–12 Warrington Place occupies a prime position in Dublin’s Central Business District, between the South Docklands and the traditional business core surrounding St. Stephen’s Green and Merrion Square.

The area is home to leading domestic and international employers, including Google, Accenture, Stripe, LinkedIn, Regeneron and Bord Gáis Energy.

The property benefits from excellent connectivity, with Grand Canal Dock DART station, numerous Dublin Bus routes and a Dublin bikes station at Herbert Place all within walking distance.

A wide range of cafés, restaurants, hotels and retail amenities are nearby, together with Merrion Square, Trinity College, the National Gallery and Grafton Street.

Combining a prestigious Georgian address with excellent connectivity and amenities, 11–12 Warrington Place is a highly desirable location for both business and lifestyle.

The Property

11–12 Warrington Place comprises an attractive four-storey over basement office building, constructed c.1979 behind a mock Georgian façade.

The property extends to approximately 1,696 sq. m. (18,255 sq. ft.) GIA and 1,329 sq. m. (14,305 sq. ft.) NIA, including a three-bedroom apartment at third-floor level (converted in c. 1993).

The lower ground to second floors comprise purpose-built office accommodation, while the third floor provides a mix of office and residential accommodation. The property also benefits from 11 secure on-site car parking spaces accessed from Powers Court.

The property is presented in good condition with high-grade tenant fit-outs in place and has a BER ranging from B3 to G.

11–12 Warrington Place represents a compelling prime city-centre value-add opportunity, with scope for a high-specification office refurbishment or residential conversion, subject to planning permission.

Value-Add Investment Strategy

The property’s prime location, well-proportioned floor plates and generous car parking provide a strong basis for an office repositioning strategy.

The property would benefit from either a light refurbishment, comprising the modernisation and fitout of vacant floors, or a deeper retrofit incorporating BER improvements, upgraded M&E, enhanced tenant amenities and general modernisation. Demand remains strong for modern, fully fitted office space in Dublin 2, particularly for smaller floor plates, while the limited development pipeline is expected to further support demand.

Following refurbishment, 11–12 Warrington Place would be well positioned to capitalise on these market dynamics, with the existing FIS ground-floor accommodation demonstrating the quality of fit-out achievable throughout the building.

Opportunity - Residential Conversion

A feasibility study has been prepared by Stephen Cavanagh B.Arch MRIAI ARB (Architect) outlining the potential for conversion of the subject property to residential use.

The feasibility study illustrates the potential to convert the property to 21 no. well-proportioned apartments including a rooftop extension together with on-site car parking,the breakdown of unit types is as follows:

Studio: 4

One Bed Apartment: 8

Two Bed Apartment: 8

Three Bed Apartment: 1

A copy of the feasibility study is available on request.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: today, 4 hours 37 minutes ago