First Ireland House, 14-16 Parkgate Street, Dublin 8, D08W866

First Ireland House, 14-16 Parkgate Street, Dublin 8, D08W866

€7,500,000

1510 m²

Investment Property

Property Overview

Available From: Immediately

Description

Sale Type: For Sale by Private Treaty
Overall Floor Area: 1510 m²

Modern Office Investment extending to 1,510 sq.m / 16,253 sq ft. (Net Internal Area) Let to First Ireland Risk Management - 100% owned by global insurance giant Arthur J Gallagher Holdings (S&P 500 Company. 25-year FRI Lease from July 2022 subject to 5 yearly mutual break options. The Lease is a renewal of existing leases with the tenant in occupation almost 20 years. Passing Rent of '€599,000 per annum. Unrivalled connectivity with Heuston Station 200m away and directly adjoining the Red Line Luas Excellent office location and within 3km of Dublin City Centre. Future development in the area, including former Hickey's site and St. James Gate further enhancing Dublin 8 as an attractive office destination. Offering an investor c.7.2% net initial yield return. Tenant Not Affected.

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School Name	Distance	Pupils
School Name	St Gabriels National School	Distance	640m	Pupils	175
School Name	St. James's Primary School	Distance	860m	Pupils	300
School Name	Stanhope Street Primary School	Distance	870m	Pupils	363

School Name	Distance	Pupils
School Name	Dublin 7 Educate Together	Distance	900m	Pupils	466
School Name	Canal Way Educate Together National School	Distance	930m	Pupils	395
School Name	Scoil Na Mbrathar Boys Senior School	Distance	1.0km	Pupils	149
School Name	St Audoen's National School	Distance	1.2km	Pupils	190
School Name	Georges Hill School	Distance	1.3km	Pupils	131
School Name	St. John Of God Special School	Distance	1.4km	Pupils	86
School Name	Francis St Cbs	Distance	1.4km	Pupils	170

School Name	Distance	Pupils
School Name	St Josephs Secondary School	Distance	820m	Pupils	239
School Name	James' Street Cbs	Distance	870m	Pupils	180
School Name	The Brunner	Distance	1.1km	Pupils	219

School Name	Distance	Pupils
School Name	Mount Carmel Secondary School	Distance	1.6km	Pupils	399
School Name	Presentation College	Distance	1.6km	Pupils	152
School Name	St Patricks Cathedral Grammar School	Distance	1.7km	Pupils	277
School Name	Coláiste Mhuire	Distance	1.9km	Pupils	253
School Name	Loreto College	Distance	2.1km	Pupils	378
School Name	Belvedere College S.j	Distance	2.1km	Pupils	1003
School Name	St Declan's College	Distance	2.2km	Pupils	664

Type	Distance	Stop	Route	Destination	Provider
Type	Bus	Distance	50m	Stop	Parkgate Street	Route	847	Destination	Cranford Court, Stop 764	Provider	Kearns Transport
Type	Bus	Distance	50m	Stop	Parkgate Street	Route	853	Destination	Parkgate Street	Provider	Nolan Coaches
Type	Bus	Distance	50m	Stop	Parkgate Street	Route	707	Destination	Batchelors Walk	Provider	Citylink

Type	Distance	Stop	Route	Destination	Provider
Type	Bus	Distance	50m	Stop	Parkgate Street	Route	847	Destination	Zone 16	Provider	Kearns Transport
Type	Bus	Distance	50m	Stop	Parkgate Street	Route	847	Destination	Batchelors Walk, Stop 102111	Provider	Kearns Transport
Type	Bus	Distance	50m	Stop	Parkgate Street	Route	853	Destination	Ferry Terminal	Provider	Nolan Coaches
Type	Bus	Distance	50m	Stop	Parkgate Street	Route	845	Destination	Cranford Court, Stop 764	Provider	Kearns Transport
Type	Bus	Distance	50m	Stop	Parkgate Street	Route	842	Destination	Nassau Street, Stop 405	Provider	M4 Direct
Type	Bus	Distance	50m	Stop	Parkgate Street	Route	707	Destination	Dublin Airport T1	Provider	Citylink
Type	Bus	Distance	50m	Stop	Parkgate Street	Route	720	Destination	Dublin Airport Zone 11	Provider	Citylink

BER Details

BER No: 800972242

Energy Performance Indicator: 231.88 kWh/m2/yr

Statistics

26/04/2024

Entered/Renewed

1,426

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Daft ID: 519161713

Finnegan Menton Commercial

01 614 7900

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