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  6. 5 Lower Kilmacud Road & Allen Park Lane , Stillorgan , Dublin 18
€2,000,000

5 Lower Kilmacud Road & Allen Park Lane , Stillorgan , Dublin 18

417 m 2


Description

High profile mixed use investment opportunity extending to approx 417 sq m  (4489 sq ft)
5 Lower KIlmacud Road comprises a retail unit on ground floor let to Siofra Limited trading as Bradley's Pharmacy on a new 20 year lease. There is also a 3 bed apartment overhead, which is currently vacant
Apartments 1-3 Allen Park Lane are located to the rear of  5 Lower Kilmacud Road. The apartments were built circa 2005 and comprise two 1-bed apartments and a 2-bed apartment
Currently generating a rental income of approx. €122,756 per annum.
Immediate opportunity to increase income by leasing 2 vacant apartments
Offers sought in excess of €2,000,000 reflecting a NIY of  5.66% assuming standard purchasers costs of  8.46%
Tenants not affected

Cushman & Wakefield

164 Shelbourne Road, Ballsbridge, Dublin 4

Tel: 01 6399300

PSRA Licence No.  002222



€2,000,000
€2,000,000
BESbswy