16 & 16B Mountdown Road, Terenure, Dublin 6W

€550,000 D12X7FK 5 beds3 baths180 m2
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Description

A most interesting investment and development opportunity in this sought after Manor Estate location ( just off Greentrees Road) and comprising a large retail unit ( c. 1260 sq. ft) to ground floor and opening to a large rear yard ( c. 120 sq metres) which has full vehicular access from Limekiln Close . Retail unit is currently let on the basis of a short term lease to Zen Hair & Beauty . To First Floor is a large 2 bedroom apartment extending to c.650 sq. ft which has recently been refurbished. Currently, accommodation includes 2 double bedrooms, large living room , separate eat-in kitchen and a full bathroom. Full Planning Permission has been granted to extend the property to provide for the development of three large residential units as follows - Apartment 1 : An own door large First Floor Apartment of c. 102 sq metres ( 2 / 3 bedroom) + Attic Storage space of an additional 23 sq. metres. This unit would have a large terrace area of c.16 sq. metres Apartment 2: Ground Floor Apartment of c. 73 sq. metres providing a 2 bedroom apartment with a Patio garden space of c,. 29 sq. metres. Apartment 3: Ground Floor Apartment of c. 63 sq metres providing 1 bedroom apartment with a Patio garden space of 36 sq. metres. Total site area extends to 0.0253 hectares / 0.625 acres in mainly rectangular shape and offering excellent access from Mountdown Road to front and side and from Limekiln Close to the rear. A most mature residential neighborhood convenient to local shops, a variety of primary and secondary schools and public transport. Site offers excellent access and proposed development is over two floors + attic level. Estimate ERV of completed development would be c. €80,000 pa

Accommodation

Currently retail c. 1260 sq. ft & large rear yard First Floor : 2 bedroom apartment

Features

Lucrative Investment currently producing €40,000 pa and with FPP to develop 3 large residential units. Mature residential neighborhood with excellent local amenities. Large yard with vehicular access from Limekiln Close Excellent condition.

Directions

located in Manor Estate , Perrystown - Off Greentrees Road
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Price Changes in Terenure
Property Price Register in Terenure
€45,000 (6.92%)
€650,000 €695,000
8th Apr 24
C2
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O'Connor Shannon
O'Connor Shannon
Tel: 01 49...
PSRA Licence No. 003320

Date created: Jul 21, 2021

O'Connor Shannon
O'Connor Shannon
PSRA Licence No. 003320
Call Agent: 01 49...