Mixed use property with rental growth potential
Currently producing €18,600 per annum (ERV of entire €61,800)
Vacant residential units, a takeaway unit and rear store (potential rental growth)
Self-contained residential units at ground, first and second floor
Residential tenants not affected
The property is situated on Ravensdale Park, a predominantly residential area in Kimmage, Dublin 12. The property is part of a parade of shops located at the entrance to the KCR Industrial Estate. The property is situated approximately 4 km south of Dublin City Centre and 2 km from
Harold€TM Cross. The parade of commercial units serve the local catchment and comprises a pub, café and other uses such as hair & beauty.
The property to be offered to the market is 27 Ravensdale Park, a mid-terraced, two storey commercial property with attic conversion. The building comprises a vacant takeaway unit at ground floor, a generous store unit to the rear with good eaves height, and four well-kept and good quality residential units on the ground floor, first floor and at attic conversion.
There is ample off-street parking located to the front of the property.
The benefit of the takeaway use will suit investors due to the lettability, and the rear store has potential to further increase the rental income. This property presents an individual with a solid investment opportunity.