€795,000

€795,000

Beds

Price

€795,000

Property Type

Investment Property

Size

meters²

Energy Rating

BER-G

Refreshed on

Jun 23, 2026

Eircode

D24KX50

Group Name

Turley Property Advisors

Sales License Number

002187

Description

Investment Summary - Tenants not Affected Industrial Investment Opportunity Whitestown, Tallaght, Dublin 24 Guide Price: €795,000 Turley Property Advisors are delighted to present this unique investment opportunity comprising a substantial detached light industrial/training facility extending to approximately 10,500 sq.ft.(GEA), to the market, For Sale, by Private Treaty. The property is situated within the established Whitestown industrial area of Tallaght, Dublin 24. The property is fully let to County Dublin Vocational Education Committee (now Dublin and Dún Laoghaire Education and Training Board – DDLETB) and is occupied as a Youthreach Training Centre, providing education, training and vocational development programmes for young people. The property benefits from a long-standing educational use and provides a diverse range of accommodation including classrooms, workshop areas, fitness facilities, recreational space, communal facilities and specialist training rooms. The investment produces a current rent of €60,000 per annum under a lease expiring in December 2030, providing purchasers with an established income stream from a state-funded occupier. The next rent review is scheduled for 10 December 2025 and is reviewed to Open Market Rent. At the guide price of €795,000, the property reflects an attractive Net Initial Yield of approximately 7.1%, assuming standard purchaser's costs. Property Description The property comprises a detached single-storey industrial/training facility extending to approximately 10,500 sq.ft. Gross External Area. Internally, the accommodation has been adapted to provide a comprehensive educational and vocational training facility. The property incorporates: - Reception and administration areas - General teaching classrooms - Specialist training and workshop accommodation - Art and creative learning spaces - Fitness and wellbeing facilities - Recreational and communal areas - Staff accommodation, fitted kitchen and ancillary facilities - Extensive landscaped and horticultural training areas The property is configured around a series of large open-plan training spaces linked by internal circulation corridors and benefits from generous floor-to-ceiling heights, roof lights providing excellent natural light and flexible internal layouts suitable for a variety of educational, training or industrial uses. The premises are presented in good operational condition and continue to serve as an important educational resource within the local community. Tenancy Summary Item Detail Tenant County Dublin Vocational Education Committee (DDLETB) Property Use Youthreach Training Centre Lease Date 10th December 2010 Lease Term 20 Years Expiry Date 9th December 2030 Passing Rent €60,000 per annum Rent Review Open Market Rent Review Pattern Every 5 Years VAT Option to Tax BER G Investment Highlights * Fully let educational investment. * State-funded occupier through DDLETB. * Passing rent of €60,000 per annum. * Attractive income return. * Open market rent review due December 2025. * Approx. 10,500 sq.ft. detached facility. * Established Tallaght location. * Strong underlying alternative use potential (subject to planning). * Guide Price €795,000. * Attractive Net Initial Yield of approximately 7.1%. * Guide Price: €795,000 Assuming standard purchaser costs of 10.96%, the guide price reflects a Net Initial Yield of approximately 6.8%, rising subject to future rental growth at the next lease renewal/ new lease agreement. Location The property is located within the established Whitestown Industrial Estate, approximately 3km southwest of Tallaght Town Centre and approximately 14km southwest of Dublin City Centre. Tallaght is one of Dublin's principal suburban centres with a population exceeding 80,000 persons and benefits from excellent transport and infrastructure connections including: Immediate access to the N81 Tallaght Bypass Approximately 5km from Junction 11 of the M50 Motorway Convenient access to the N7 National Road Served by the LUAS Red Line connecting Tallaght with Dublin City Centre Extensive Dublin Bus network serving the area Approximately 25 minutes from Dublin Airport via the M50 The surrounding area comprises a mix of established industrial, educational, commercial and community uses and has experienced significant investment and development over recent years. Tallaght is home to a number of major employers and institutions including: - Technological University Dublin (Tallaght Campus) - The Square Shopping Centre - Tallaght University Hospital - South Dublin County Council Headquarters - Numerous multinational and indigenous businesses The property's strategic location within a mature employment and educational hub underpins its long-term occupational appeal.

BER Details

BER: G

Description

BER Details

BER: G

Tallaght Youthreach Centre, Whitestown Road Oldbawn Dublin , Dublin 24, Dublin

Tallaght Youthreach Centre, Whitestown Road Oldbawn Dublin , Dublin 24, Dublin, D24 KX50

Description

BER Details

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