40 Harrington Street, Dublin 8, D08EV88

Cushman and Wakefield have been appointed as sole sales agents for 40 Harrington Street, Dublin 8. This investment sale provides an excellent opportunity to acquire an income-generating multi-unit investment in one of Dublin€TM most sought-after locations just minutes from the city centre. The property is a well maintained Victorian terraced building fully redeveloped to a high standard in 2021. It is laid out as four independent, modern apartments: €¢ 3 x two bed apartments €¢ 1 x one bed apartment All of the units are occupied, generating a rental income of '¬124,200 annually and operating costs are minimal. There is also potential to develop in the rear garden subject to planning permission. Cushman & Wakefield are quoting an attractive guide price of '¬1,850,000 reflecting a net initial yield of 6.06%, assuming standard purchaser costs of 4.46%.