Prime Dublin 6 mixed use investment opportunity
Located in the heart of Rathgar
Comprises of ground floor retail and two apartments overhead
Current passing rent of €20,400 per annum from Apartments with vacant possession of ground floor retail
The subject property is a mid-terrace two storey building fronting onto the Rathgar Road. The entire extends to approximately 239 sq.m. (2,573 sq.ft.) in total. The ground floor comprises of a high-profile retail unit, previously a butcher shop and extends to approximately 126 sq.m. (1,356 sq.ft). There are two apartments overhead independently accessed, comprising of two bedrooms. The surrounding area comprises of a mix of commercial and residential developments.
Rathgar is an affluent suburb of Dublin, situated approximately 3km to south of the city. It borders the well-known areas of Rathmines, Terenure, Harold's Cross and Rathfarham. Rathgar Road is a busy thoroughfare providing direct access via Rathmines to the city centre.
The subject property is situated at the highly visible junction of the Rathgar Road, Highfield Road, Orwell Road and Rathgar Avenue. It directly adjoins the 108 Rathgar Road Public House. Surrounding occupiers include SuperValu, Murphy Mullan Estate Agents, Lloyds Pharmacy, Bijou Bistro, AIB and O'Briens Off License.
Transport links in the area include a number of Dublin Bus Routes, Cowper Luas Station is situated approximately 1.7km to the east. The R137 provides easily and direct access to the M50 Motorway.
Both Apartments are currently occupied, Apartment 1 is generating a rent of €9,600 per annum and Apartment 2 €10,800 per annum. The ground floor retail is vacant.