The property comprises a portfolio of 14 apartments set within a scheme of 40 apartments. The building is arranged over a basement car park, ground and two upper floors. The subject portfolio comprises 11 x two-bedroom apartments, 2 x one-bedroom apartments and 1 x three bedroom apartment. The basement provides 40 cars parking spaces for the development, each apartment therefore has the use of one space. A breakdown of the accommodation and floor areas is contained within the accommodation and tenancies section.
Artane is a densely populated residential area on the north side of Dublin City. The subject property is located along Brookwood Grove, which is accessed off Gracefield Road. The surrounding area is predominantly residential in nature with Our Lady of Mercy Church situated directly to the rear of the property. Local facilities include Mc Auley Park, Beaumont Hospital, St Joseph\'s Hospital and Clontarf Golf Club. A range of amenities including shops and cafes are available in Artane Village, and in the neighbouring villages such as Raheny, Killester and Coolock. The property is well served by public transport with the Harmonstown Train Station situated approximately 900m to the south. Several Dublin Bus routes also serve the area providing access to the City centre and the surrounding suburbs.
- Multi Family Investment
- Comprising 14 apartments set within a small scheme of 40 apartments
- 11 x two beds, 2 x one beds and 1 x three bed apartment
- 9 out of the 14 apartments are subject to tenancy agreements
- Total current rent of €178,200 per annum (with vacant possession of 5 x apts)
- Estimated rental value of €275,762 per annum when fully let