Riverbank House, Ringsend Road, Ringsend, Dublin 4

Riverbank House, Ringsend Road, Ringsend, Dublin 4 - Click to view photos
See Larger Images & 10 More Photographs >>

Riverbank House, Ringsend Road, Ringsend, Dublin 4 - Image 2 Riverbank House, Ringsend Road, Ringsend, Dublin 4 - Image 3 Riverbank House, Ringsend Road, Ringsend, Dublin 4 - Image 4 Riverbank House, Ringsend Road, Ringsend, Dublin 4 - Image 5

€3,200,000 - Sale Agreed

Development Land For Sale
0.19 acres (0.08 hectares)

Rating:

Contact Name: Brendan Cronin

Selling Agent: Avison Young

PSR Licence Number: 001234

Show Number
|
Share with a Friend
|

Property Description

Description
Riverbank House is a prominent office block at the busy junction of Ringsend Road and South Lotts Road, currently leased until 2025 and offering exciting potential for redevelopment, subject to planning permission.

The building comprises a 3 storey office block totalling approx. 586.21 sq.m. (6,310 sq.ft.), plus 8 secure surface car-parking spaces, on a prominent corner site of 0.075 ha. (0.19 ac.), fully-let to a single tenant until 2025 at a rent of €245,000 p.a., with redevelopment potential for residential or mixed use, subject to planning permission.

There is a full height entrance / reception area, and three floors of open plan offices, linked by stairs.
The specification includes plastered and painted walls, suspended ceilings, concrete floors with perimeter trunking and air-conditioning. There are dedicated toilet facilities and kitchenettes on each floor and shower facilities on the ground floor. There is private surface car parking adjacent to the building for approximately 8 cars, as well as bicycle parking.

Tenancy
The property is demised on a single FRI lease for a term of 5 years from 15th of January 2020, at a
current rent of €245,000 p.a.
This is a renewal of a previous lease and is subject to a Deed of Renunciation.

The Opportunity
The subject site is zoned €oe1 €" Sustainable Residential Neighbourhoods€ť and McCrossan O€TMourke Manning Architects have carried out a feasibility study on the site (s.p.p.) proposing the development of an attractive 6 storey, predominantly residential scheme, with ground floor retail/commercial. The proposed scheme includes 28 no. residential apartments together with 307 sq.m. of ground floor retail/commercial space.

Riverbank House offers investors & developers alike the opportunity to acquire the property with secure income for at least the next two years and exciting potential for residential redevelopment thereafter, subject to securing planning permission in the meantime.

BER Details

BER No. 800900987

Energy Performance Indicator: 352.59 kWh/m2/yr

This property was last updated: 85 days ago


Contact Estate Agent

To: Brendan Cronin in Avison Young
Subject: Development Land For Sale in Riverbank House, Ringsend Road, Ringse...
First Name:* Message:*
Last Name:*
Email Address:*
Your Phone Number:*

Terms of Use

We want you to know exactly how our service works, why we need your details and how we process that information. Please state that you have read and agree with our Terms of Use and Privacy Policy before you continue.

*

Selling Agent

This property is Sale Agreed

Avison Young
86 Merrion Square South Dublin 2

Contact Name: Brendan Cronin

PSR Licence Number: 001234

Show Number
This Development Land For Sale located at Riverbank House, Ringsend Road, Ringsend, Dublin 4 is currently for sale. This property was last updated by Avison Young 85 days ago. Riverbank House, Ringsend Road, Ringsend, Dublin 4 is priced as: €3,200,000 and has 0.19 acres (0.08 hectares). View all properties for sale in Ringsend, Dublin 4. View development land for sale in Ringsend, Dublin 4.
Viewing 1 of 11 photos
Riverbank House, Ringsend Road, Ringsend, Co. Dublin