DescriptionThe Willows PRS Investment.
Hooke & MacDonald, in conjunction with joint agents Finnegan Menton, present The Willows PRS Investment.
This excellent multi-family investment opportunity, comprises 19 luxury apartments and penthouses, all located in Block B, one of only two blocks in The Willows development on Claremont Road, one of Sandymount's premier roads.
The sale includes 3 penthouses, 15 No. 2 bed apartments and 1 No. 1 bed with a passing rent of €429,714 (with only one unit vacant for show purposes) and a reversionary income of €486,000 within 12 months (with the vacant unit re-let and upcoming rent reviews applied.)
For the avoidance of doubt, please note that the tenants not affected by the sale.
Developed by Gannon Homes in 2006, the Willows was designed by Conroy Crowe Kelly Architects, and is superbly located in the heart of Sandymount, off Claremont Road, directly adjacent to and with uninterrupted views over, the YMCA Cricket Grounds, just minutes walk from the renowned, idyllic Village Green and Sandymount Strand.
It offers easy access on foot to all the amenities of Ballsbridge and Donnybrook Village, the Aviva, RDS, the new Facebook Campus and Irishtown Stadium, In addition, the development is less than 1km from Sandymount DART station and Dublin Bus routes in the village, linking it within minutes, to Dublin City Centre, The Docklands Tech Hub and the IFSC – home to some of the largest tech and financial employers such as Google, Facebook, JP Morgan and CitiBank.
The collection comprises 19 of the 21 units in Block B.
Only one unit is vacant, for show purposes.
All 3 Penthouses have commanding views over the Cricket Grounds, with almost panoramic views of the City from the Dublin Mountains to the Aviva Stadium and Docklands.
Strong transport connections with Dublin Bus running from the village and the DART service from Sandymount Station located only minutes’ walk from the building, linking it within minutes, to Dublin City Centre, The Docklands Tech Hub and the IFSC – home to some of the largest tech and financial employers such as Google, Facebook, JP Morgan and CitiBank.
Close to N11 and Dublin Port Tunnel and it offers easy access to the national motorway network.
3 No. 2 bed plus study Penthouses ranging in size from c.129 sq.m. to c.167 sq.m.
15 No. 2 bed apartments ranging in size from c.78 sq.m. to c.95 sq.m.
1 No. one bed apartment measures c.65 sq.m.
There is ample parking underground and on surface level.
18 of the 19 units are currently generating a rent of €429,714 per annum increasing to approx. €464,500. when the vacant unit is re-let.
Reversionary income of approx. €486,000 within 12 months
BER DetailsBER No: