DescriptionThe property comprises two interconnected Georgian protected structures, with an arched alleyway providing access to a rear car park. The property is bounded to the south by the Iveagh Gardens, to the north by St Stephen’s Green and to the east and west by international office occupiers.
The buildings are 4 storey over basement and measure at approx. 1,775 sq.m or 19,106 sq.ft gross. The property is currently occupied under the terms of a series of license agreements, producing an annual income of approximately €344,000 with potential to increase further once fully occupied.
The entire site is approx. 0.12 ha (0.3 acres) with approx. 0.08 ha (0.2 acres) net developable to the rear.
FeaturesSuperb opportunity to develop a Grade A modern office building ,Premier Office location, home to national and international office occupiers,Entire property extending to approximately 0.12 ha (0.3 acres),Current annual income of approximately €344,000, potential to increase further,Two Georgian buildings extending to approx. 1,775 sq.m (19,112 sq.ft) gross,Development site to the rear facing the Iveagh Gardens,RKD Feasibility study shows office extension potential up to 4,676 sq.m,Views of St Stephen’s Green and the Iveagh Gardens,This property presents a rare opportunity to develop a trophy asset
DirectionsSt Stephen’s Green is the most sought after commercial address in Dublin. Availability of Grade A office space on The Green has always been at a premium, with a minimal vacancy rate.
Grafton Street and environs is located within approx. 450m of the subject property. This area is a bustling social hive of city centre bars, restaurants and cafés as well as the main shopping thoroughfare in Dublin.
The property is located in a highly accessible Dublin 2 commercial location in close proximity to all public transport options such as Luas, Dublin Bus, Dublin Bikes and Rail, which are all located within walking distance of the property.