BER B2

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

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The Ivory Building, Hanover Street East, Grand Canal Dock, Dublin 2

€3,900,000
Apartment for sale | 15+ Beds | 17 Baths
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Overview

Property Overview:

  • For Sale by Private Treaty

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Property Description:

Owen Reilly presents this multi-unit investment portfolio of nine apartments at The Ivory Building in South Dublin Docklands. Located on Hanover Street East, the complex is in a prime location within minutes of Grand Canal Square. The Ivory Building is a smartly-designed and finished residential complex of just 29 apartments designed by Burke Kennedy Doyle Architects and completed in 2007. The units for sale include 1 x one-bedroom unit, 7 x two-bedroom units and 1 x three-bedroom duplex penthouse.

Portfolio will appeal to private investors and investment. Of the nine units, six are currently let. With active asset management and minimal upgrades we are confident a rental yield in excess of 6% is achievable.  There is huge local demand for rental accommodation given the proximity to large employers.

The Ivory Building features a sixth-floor roof terrace that provides a view over the city. High-gloss kitchen units, Velfac double glazed windows, bathrooms with non-slip floor tiles and balconies in all apartments are among the features and there is direct lift access to apartments. All the apartments are presented in turn key condition and benefit from spacious and light filled interiors.

The BER ratings for the units range from C2 up to B2, with most rated as B2. This is an excellent opportunity for an investor to acquire a portfolio in this popular business district where future capital appreciation is certainly guaranteed.

Location
The Ivory Building is located close to the heart of Grand Canal Dock one of Dublin's most fashionable & vibrant city districts.  The city centre, Ballsbridge, the IFSC and Sandymount are all within walking distance while the DART and LUAS provide easy access to the rest of the city.  Grand Canal Dock is also home to major employers such as AirBnB, HSBC, Google and Facebook.  Many more companies will relocate to Dublin Docklands as a result of Brexit. The DART at Grand Canal Dock and Pearse Street are very close.
PDF Brochure 

PDF Brochures:

 Brochure 1.pdf, Brochure 2.pdf

Features:

  • A multi-unit investment portfolio of nine apartments at The Ivory Building in South Docklands.
  • Adjacent to large multinationals such as Facebook, Google and State Street. 44,000 working in the Docklands area.
  • Significant opportunity for long term capital and rental growth.
  • 6 units currently occupied.
  • Breakdown: 1 x one-bedroom, 7 x two-bedroom and 1 x three-bedroom duplex penthouse.
  • Excellent transport links, on the doorstep (including Dublin Bus, LUAS Red Line & Barrow Street DART Station).

Facilities:

  • Gas Fired Central Heating
  • Wired for Cable Television
  • Wheelchair Access

BER Details

BER B2

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

Learn more
What's this?

Daft Property Shortcode:

http://www.daft.ie/11585838

Date Entered/Renewed:

11/12/2017 (today, 9 hours ago)

Property Views:

2,839
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Address:

The Ivory Building, Hanover Street East, Grand Canal Dock, Dublin 2

Distance to City Centre:

1.1 km (0.7 miles), 10 minute walk

Public transport routes that service Grand Canal Dock:

  • Bus: 1, 2, 3

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Property price history

€3,900,000 First Listed Nov 15, 2017

Residential Property Price Register - Sold in this area

16 The Locks, Charlotte Quay, Grand Canal Dock, Co. Dublin €450,000 | 18/12/16 | Second-Hand Dwelling House/Apartment SOLD
Apt 5, Block 3 Gallery Quay, Grand Canal Dock, Co. Dublin €329,000 | 01/12/16 | Second-Hand Dwelling House/Apartment SOLD
Apt 7, Block 6 Gallery Quay, Grand Canal Dock, Co. Dublin €390,000 | 14/04/16 | Apartment For Sale | 2 Bedrooms | 2 Bathrooms SOLD
Apartment 5 Block 7 , Gallery Quay, Grand Canal Dock, Co. Dublin €265,000 | 08/04/16 | Second-Hand Dwelling House/Apartment SOLD
Apt 20 Block 14 , Gallery Quay, Grand Canal Dock, Co. Dublin €485,000 | 10/07/15 | Apartment For Sale | 2 Bedrooms | 2 Bathrooms SOLD

View All

Buying information

The stamp duty figure is based on the current applicable rates of stamp duty and may not take into consideration all relevant factors required in calculating an accurate charge. While we endeavour to keep this information up-to-date, we make no representation or warranty of any kind, express or implied, about the accuracy or reliability of this information.

None of the information contained in this information box should be construed as financial advice and you should always seek independent financial advice as individual circumstances may vary. Any reliance you place on the information contained in the information box is therefore strictly at your own risk. In no event shall we be liable for any loss or damage including without limitation, indirect or consequential loss or damage.

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Buying Information

Stamp Duty: €68,000
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The Ivory Building, Hanover Street East, Grand Canal Dock, Co. Dublin