18 Basin Street Lower, South City Centre, Dublin 8

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Beds

7 beds

Price

Sold

Property Type

Size

119 meters²

Energy Rating

BER-G

Refreshed on

Eircode

Group Name

DNG Head Office

Sales License Number

004017

Description

Residential Investment Opportunity. Two Apartments for sale in one lot on 18 Basin Street, Dublin 8. No. 18 Basin Street is a fine two storey house which has been astutely converted into two residential apartments comprising 1 no. 3 bedroom apartment and 1 no. 4 bedroom apartment. The property is located in the heart of Dublin City and in close proximity to St. James Hospital Campus which will soon house the new National Maternity Hospital. The property is also conveniently located beside Christchurch, The Four Courts, The Law Library, Heuston Station and The Royal Hospital Kilmainham. St. Stephen’s Green and Jervis Street shopping centres are also within walking distance. This is a prime City Centre location with many of Ireland’s leading tourist attractions close by to include The Guinness Store House, The National Science Gallery and the highly popular tourist area of Temple Bar. Trinity College and Dublin Castle are also less than 15 minutes on foot. The area is well serviced by public transport including the LUAS Red Line just outside the front door.

Accommodation

The Investment comprises of a 3 bed apartment on the ground floor c. 57 SqM with access to a private, walled rear garden. On the first floor is a 4 bed apartment of c. 60.71 SqM. Both units are currently tenanted. This is an excellent opportunity for the astute investor to acquire a fully occupied premises in a popular residential location where future capital appreciation is very likely. Demand and limited availability of rental accommodation in the area are contributing to strong capital and rental growth.

Features

Features: • Two number apartments available in converted house, each with individual gas and electricity supply. • Currently generating a passing rent of €22,680 per annum. • Potential for rental growth of 4% PA under the new legislation. • There is also potential to re-covert the original house back into a single dwelling or family home. The house contains many original features. • Established, mature residential area with strong demand from owner occupiers and investors.

BER Details

BER: G

Directions

From Christ Church Cathedral continue west on the R810 through Thomas Street onto James Street. Turn left onto Basin Street Lower and turn left again onto Basin view. The property is located at the corner with DNG signage.

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18 Basin Street Lower, South City Centre, Dublin 8

Description

Accommodation

Features

BER Details

Directions

Map