8 Malahide Road, Marino, Dublin 3, Marino, Dublin 3, Fairview, Dublin 3

Wallace Auctioneers bring to the market No 8 Malahide Road, Marino, Dublin 3. Exciting opportunity to acquire a mixed use partially tenanted property. This superb property is ideally located on the corner Fairview strand and Malahide road within close proximity the postcodes of Dublin 1, 3, 7 & 9. A mixed use property comprising of a mid- terrace two storey self contained mixed - use property that consists of a ground floor retail unit. The unit has 7 metres of road frontage with direct access onto the street. With 2 separate own door, residential units located on the upper floor. Total Size: Ground floor c.51.40 sq.mtrs ( c 553. sq. ft ) Upper floor c 51.40 sq.mtrs ( c 553. sq. ft ) The upper floor consists of a lobby area leading to 2 x self contained one bedroom apartments. All of the units have there own independent GAS / ESB / water & drainage connections. The upper floor apartments consist of the following: Entrance hall / open plan living area and galley type kitchenette. Separate bathroom with toilet, Whb and shower enclosure. Bedroom with ample storage space. Both apartments are currently tenanted earning a total of €1,770 per calendar month / equating to an annual rental income of €21,240 The ground floor retail unit consists of an own door entrance leading into an open plan office / display area. There are additional reception rooms to the rear and 2 compact storage rooms. There is a ladies and gents rest room and a compact canteen area. The property has more recently been occupied by a prominent property management company who operated at this location for many years. The current open market open market rental valuation / The current estimated rental valuation ( ERV ) for this retail unit is €18,750 per annum or ( €1,562.50 per calendar month ) which equates to €33.90 per sq. ft. ( rounded up ) The current annual commercial rates payable is €4,038.24 Inviting offers in excess of €420,000. Call Martin for more information on 087 2755948.