The Alliance, The Gasworks, Dublin 4

Location
The Gasworks is situated in the vibrant heart of Dublin city centre, close to the main central business districts and the affluent residential areas of Dublin 4. With the Aviva Stadium in the background, the development is on the doorstep of Dublin’s major commercial centres including the Grand Canal Dock, the South Docks, St. Stephen’s Green and the International Financial Services Centre. The Gasworks’ apartments offer fine views over the city centre to the west, Dublin Bay and the Island of Howth to the north east and the Dublin Mountains to the south.

The Gasworks
The Gasworks was completed in 2005, transforming an iconic feature of the Dublin skyline into the highest standards of prime residential construction. The property offers attractive, modern living for professionals and city-dwellers, a short walk to the main attractions of central Dublin. The adjacent Grand Canal Dock development has created a vibrant new commercial centre which includes the 2,100-seat Grand Canal Theatre, commercial space attracting major global corporations, a new residential district and a thriving collection of hotels, restaurants, bars and cafés.

The area has been a major beneficiary of the Industrial Development Agency’s drive to make Ireland attractive to a new generation of international information technology businesses. New employers in the area include Google, Facebook, Linkedin, Zynga; in addition to businesses such as BT, Accenture, HSBC and Mason Hayes & Curran.
Google’s decision to locate their European headquarters in Dublin has brought substantial investment and employment to the area. Google now owns or occupies 4 buildings at Grand Canal Dock totaling approximately 42,000 sq metres and employing over 2,000 people.

The Alliance
As the Gasworks development’s iconic focal point, the Alliance is a striking metal cylinder around a stunning 9-storey glass façade, set within an innovative residential design and surrounded by landscaped gardens. The Alliance provides 210 luxury private residential apartments, all generously proportioned and fitted to an extremely high standard, with plentiful car parking provided over four basement levels. Set within a spectacular open air atrium, the building provides 8 one bedroom apartments on ground level and 202 two bedroom apartments on ground and eight upper storeys.

Tenancy
• The Alliance apartments are currently 97% let with over 200 short term residential tenancy agreements, typically for a fixed 12 month period.
• Rental levels currently range from €1,100 per month for a one bedroom apartment and between €1,250 - €1,500 per month for a two bedroom apartment.
• Gross rental income currently stands at €3,257,850 per annum.

Tenure
• Title to the apartments in The Alliance and 230 car parking spaces shall be held following disposal, under a 500 year lease commencing on 1 January 2005.
• Further information and plans of the demise are available upon request.

Estate Management
The Alliance forms part of the Gasworks Development and all relevant parts of the common areas of the development, including the common areas of the Alliance building, will in due course come under ownership of the management company, South Lotts Property Management Limited. South Lotts Property Management Limited has been efficiently managing the Gasworks Development for 6 years.

Pricing
on application

Viewings are strictly to be arranged through the selling agents.