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IrelandDublinDublin CountyBalbrigganHampton Gardens, Balbriggan, Co. Dublin

€10,500,000

Hampton Gardens, Balbriggan, Co. Dublin

1 bed 3508.9m 2Energy RatingStudio Refreshed on Nov 12, 2020
Sherry Fitzgerald Cumisky
Sherry Fitzgerald Cumisky
Tel: 01 841 3000
PSRA Licence No. 002340
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Description

€10,500,000 Investment Property For Sale 37,771 sq. feet (3,509 sq. metres) Property Description * Multi unit development comprising 40 Apartment & Duplex units self-contained in four blocks * Located in Hampton Gardens development ideally located adjacent to Millfield Shopping Centre / walking distance to town centre / a few minutes drive from M1 motorway * Comprises 14 two-bedroom units, 25 three-bedroom units & 1 four-bedroom unit * Telecom license agreement also in place providing an additional €10,000 pa. * Total current gross rental income of approx. €633,394 per annum * Opportunity to significantly increase rent receivable in the short term with current rental levels well below market terms with estimated rental value approx. €882,000 pa. * Tenants not affected Seeking offers in excess of €10,500,000, reflecting a gross initial yield of 6%, and an attractive reversionary yield of 8.40% assuming standard purchaser costs of 4.46%. purchasers costs. BER Details BER No. 105505630 Energy Performance Indicator: 138.03 kWh/m2/yr

BER Details

BER: B3 BER No: 105505630 Performance Indicator: 138.03 kWh/m2/yr

Negotiator Details

John Cumisky

Viewing Information

Strictly by appointment with Sherry FitzGerald Balbriggan on 01 8413000
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