By using this website, you consent to the use of cookies in accordance with the MyHome.ie Cookie Policy

Advertise with us
  1. Home
  2. Commercial
  3. Ireland
  4. Dublin
  5. Dublin County
  6. Sandycove
  7. The Park Academy Portfolio, Sandyford, County Dublin

€7,600,000

Refreshed on:20/10/2017

The Park Academy Portfolio, Sandyford, County Dublin

Investment Property 3168 m2 Energy Rating


Description

The Park Academy portfolio comprises a unique collection of 6 modern créche facilities primarily located throughout South County Dublin. The entire portfolio is fully let to Park Academy Limited and is producing a combined rent roll of €646,838 per annum.

Park Academy Childcare have been market leaders in the créche industry for over 20 years and their brand is synonymous within quality and innovation within the sector. The continued expansion of the brand is testament to their success in the childcare industry.

Each property is conveniently located nearby a LUAS, DART or public bus service which ensures ease of accessibility. In terms of connectivity, the assets are all positioned within close proximity to primary road networks such as the N11 or the M50. Four of the six properties have exclusive use of large secure outdoor play areas which significantly increase the usable space and provide additional children's amenities.

The Park Academy Portfolio offers an exceptional opportunity to acquire a fully performing investment with a guaranteed rental stream and an unexpired term of 13.75 years remaining. The properties are offered for sale in lots. The Park Academy collection comes with a Personal Guarantee from the Directors of the Park Academy Limited for a period of three years. The entire portfolio offers an investor a net initial yield of 8.15% after allowing for standard purchasing costs of 4.46%.

Accommodation

Beacon South Quarter
The ground and first floor of a nine storey modern mixed use building with the upper levels providing residential apartments.

Cherrywood
A self-contained ground floor unit forming part of this detached three storey building situated among numerous mode ...

Kelly Walsh

15 Herbert Street, Dublin City Centre, Dublin 2,

Tel: 01 664 5500





€7,600,000
€7,600,000
Map Data
Map data ©2017 Google
Map DataMap data ©2017 Google
Map data ©2017 Google
Map
Satellite
BESbswy