Clongriffin Town Centre, Clongriffin, Dublin 13

€1,715,000

Beds
Price	€1,715,000
Property Type	Investment Property
Size	meters²
Energy Rating	BER-
Refreshed on	Dec 15, 2023
Eircode

Description

Located 10 kilometres north east of Dublin City Centre, Clongriffin is a vibrant suburb of north Dublin. The area has a number of schools, a leisure centre and an excellent amenity in Father Collins Park which provides 26 acres of parklands to the local community including playgrounds, a cycle track, sports fields and a skate park. The is plenty of neighbourhood retail in Clongriffin serving the local community and there are nearby shopping centres and retail parks such as Clarehall Shopping Centre and Donaghmede Shopping Centre. Dublin Airport is 9 kilometres from Clongriffin which is also a major employer in the area. In addition there are a number of business parks surrounding Dublin airport which are home to major national and international employers. Located outside the units on Main Street is a Dublin Bus stop which is served by the 15 bus Route. It is a 34 minute bus journey to the city centre via the 15 Dublin Bus route. Also, located 600 metres, a 9 minute walk, is the Clongriffin Train Station which is served by the Dart and commuter rail line connecting the area to Dublin City Centre via Connolly Station, Tara Street and Pearse Street Station, Dundalk to the north and Bray to the south. It is a short 19 minute rail journey to the city centre. Located on Park Avenue and Main Street the five apartments are located across four blocks. The units consist of 3x two bed plus study duplexes, 1x three bed duplex and 1x three bed apartment. The apartments range from 93 sqm to 103 sqm metres in size. Four of the five residential units are fully let to residential tenants and generating a gross annual income of €80,284. When fully let the gross annual income is €100,984, based on the previous rent received on the vacant unit. The commercial element comprises eight ground floor retail units fronting onto Main Street, Clongriffin with six of the units located within Block 1 and two units in Block 2, extending to a total of 917 sqm. Four of the six retail units located within Block 1 are occupied and generating a gross annual income of €70,135. Tenants in situ include Centra, Park Lane Chinese Restaurant, and Revv Barbers. The retail units in Block 2 are currently in shell condition and extend to 183 sqm each.

Description

Clongriffin Town Centre, Clongriffin, Dublin 13

€1,715,000

Description

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