9
Griffeen Centre - TERMS AGREED, Lucan, Co. Dublin
Price on Application
2745 m²
Investment Property
Property Overview
- Available From: Immediately
Description
- Sale Type: For Sale by Private Treaty
- Overall Floor Area: 2745 m²
**Resilient Neighbourhood Investment Opportunity**
-Modern Purpose Built Neighbourhood Centre
-Extending 2,744.91 sq.m. (29,546 sq.ft.)
-Excellent tenant line-up includes Musgraves Ltd (trading as Centra), Giraffe Childcare Ltd, McCabe's Pharmacy, Boylesports and Pizza Hut
-5.88 years to break - 7.72 years to expiry
-High Occupancy Rate of 95%
-Net Operating Income of €682,406 per annum
-94 Surface Car Parking Spaces
-Asset Management Opportunities on Purchase
*Guide Price - €6,600,000 / NIY of 9.4% off NOI*
**Location**
-The Griffeen Centre is located in the South Dublin suburb of Lucan, a well-established residential area situated approximately 15km from Dublin City Centre. The local neighbourhood scheme is positioned between the Lucan and Clondalkin Villages and is situated at the corner of Griffeen Road and Griffeen Avenue.
-The immediate vicinity is dominated by housing estates and the scheme serves as the primary convince and service centre for the immediate locality. Griffeen Valley Educate Together and Lucan Educate Together schools are both positioned adjacent the Centre.
-The area is seeing a significant amount of residential development with the Adamstown and Clonburris Strategic Development Zones (SDZ's), both in close proximity to Griffeen Centre, set to deliver nearly 20,000 new homes combined. There a multiple bus stops along Griffeen Road and Griffeen Avenue and the Kishoge Train Station 850m (approx.) from the Centre is set to open in December 2023.
**Description**
-The Griffeen Centre comprises a modern, convenience led neighbourhood centre incorporating retail accommodation, a cré¨che, medical centre and a landmark restaurant together with five individual office suites.
-The neighbourhood centre benefits from an excellent tenant mix with a focus on daily shopping uses that drives strong footfall and serves the local community. The centre comprises three individual two storey blocks, extending to approximately 2,744.91 sq m (29,546 sq ft) centred around a large surface level car park that provides convenient access from Griffeen Avenue. Delivery access and waste storage is provided to the rear of the development.
Map
Map
Local AreaNEW
Learn more about what this area has to offer.
School Name | Distance | Pupils | |||
---|---|---|---|---|---|
School Name | Griffeen Valley Educate Together | Distance | 120m | Pupils | 521 |
School Name | Lucan East Etns | Distance | 270m | Pupils | 415 |
School Name | Lucan Community National School | Distance | 800m | Pupils | 343 |
School Name | Distance | Pupils | |||
---|---|---|---|---|---|
School Name | Gaelscoil Eiscir Riada | Distance | 880m | Pupils | 418 |
School Name | Divine Mercy Senior National School | Distance | 1.0km | Pupils | 354 |
School Name | Divine Mercy Junior National School | Distance | 1.1km | Pupils | 241 |
School Name | Gaelscoil Naomh Pádraig | Distance | 1.1km | Pupils | 413 |
School Name | Ballydowd High Support Special School | Distance | 1.2km | Pupils | 5 |
School Name | Lucan Educate Together National School | Distance | 1.2km | Pupils | 411 |
School Name | St Thomas Jns | Distance | 1.4km | Pupils | 543 |
School Name | Distance | Pupils | |||
---|---|---|---|---|---|
School Name | Griffeen Community College | Distance | 660m | Pupils | 382 |
School Name | Kishoge Community College | Distance | 660m | Pupils | 932 |
School Name | Coláiste Cois Life | Distance | 1.0km | Pupils | 654 |
School Name | Distance | Pupils | |||
---|---|---|---|---|---|
School Name | Lucan Community College | Distance | 1.4km | Pupils | 918 |
School Name | Coláiste Phádraig Cbs | Distance | 1.8km | Pupils | 620 |
School Name | St Joseph's College | Distance | 2.0km | Pupils | 917 |
School Name | Deansrath Community College | Distance | 2.0km | Pupils | 353 |
School Name | Adamstown Community College | Distance | 2.1km | Pupils | 954 |
School Name | St. Kevin's Community College | Distance | 2.2km | Pupils | 418 |
School Name | Collinstown Park Community College | Distance | 2.4km | Pupils | 581 |
Type | Distance | Stop | Route | Destination | Provider | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Type | Bus | Distance | 110m | Stop | Balgaddy Road | Route | C2 | Destination | Sandymount | Provider | Dublin Bus |
Type | Bus | Distance | 110m | Stop | Balgaddy Road | Route | L53 | Destination | Liffey Valley Sc | Provider | Dublin Bus |
Type | Bus | Distance | 110m | Stop | Balgaddy Road | Route | C1 | Destination | Sandymount | Provider | Dublin Bus |
Type | Distance | Stop | Route | Destination | Provider | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Type | Bus | Distance | 140m | Stop | Moy Glas Dene | Route | C1 | Destination | Adamstown Station | Provider | Dublin Bus |
Type | Bus | Distance | 140m | Stop | Moy Glas Dene | Route | L53 | Destination | Adamstown Station | Provider | Dublin Bus |
Type | Bus | Distance | 140m | Stop | Moy Glas Dene | Route | C2 | Destination | Adamstown Station | Provider | Dublin Bus |
Type | Bus | Distance | 180m | Stop | Griffeen Road | Route | C1 | Destination | Adamstown Station | Provider | Dublin Bus |
Type | Bus | Distance | 250m | Stop | Foxborough Rise | Route | 151 | Destination | Docklands | Provider | Dublin Bus |
Type | Bus | Distance | 250m | Stop | Foxborough Rise | Route | W4 | Destination | Tallaght | Provider | Go-ahead Ireland |
Type | Bus | Distance | 250m | Stop | Foxborough Rise | Route | 151 | Destination | Eden Quay | Provider | Dublin Bus |
BER Details
Statistics
29/04/2024
Entered/Renewed
3,302
Property Views
Daft ID: 516737437
Rod Nowlan
01 6477900