Macken House, 39/40 Mayor Street Upper, Dublin 1, D01C9W8
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Macken House, 39/40 Mayor Street Upper, Dublin 1, D01C9W8

€24,500,000

4770 m²Investment Property
  • Selling Type:By Private Treaty
  • BER No:801053729
  • Energy Performance:110.37 kWh/m2/yr
  • Available From:Immediately

About this property

Description

The modern six-storey building extends to a net internal area of 51,347 sq. ft. (4,770 sq. m.) with 42 basement car spaces. The first to fifth floors provide premium office accommodation accessed through an impressive high-quality ground floor reception and is let to Bulgari and Wireless Radio. With floorplates ranging from 5,800 sq. ft. to 6,540 sq. ft. on the upper floors, the property strategically caters to the smaller floor-plate end of the market, which continues to witness exceptional tenant demand. The ground floor features an office unit spanning 15,635 sq. ft. (1,454 sq. m.) accessible through the ground floor reception area, let to Virgin Media, along with two retail units offering a total combined space of 3,717 sq. ft. (345 sq. m.) with direct street-level access to Mayor Street Upper. The retail component is fully leased to Insomnia and Mulligans Chemist, both capitalising on excellent frontage along this busy thoroughfare. Macken House stands at the forefront of sustainable office spaces in Dublin, following a comprehensive analysis and upgrade initiative led by the current owners in close collaboration with tenants over the past 24 months. This partnership approach has positioned the building to respond to current market requirements, with the property recently achieving LEED O&M Gold certification and an updated B1 BER rating. There is also an identified pathway to achieve An A3 rating without significant capital investment and minimal tenant disruption. Investment Highlights - Modern 6-storey building extending to a net internal area of 51,347 sq. ft. (4,770 sq. m.) with 42 car spaces. - Strong income generation of over €2 million per annum passing rent. - Prime fully occupied office investment in the heart of Dublin's North Docklands. - The first to fifth floors provide premium office accommodation let to Bulgari and Wireless Radio and Virgin Media, all accessed through an impressive high-quality reception. - Two street-level retail units leased to Insomnia and Mulligans Chemist with direct access onto Mayor Street. - Demonstrated tenant commitment with all office tenants completing lease regears in recent years to remove break clauses and extend their lease terms. - Income security with 5.7 year WAULT to break/expiry¹. - ESG market leader - LEED O&M Gold certified and BER B1 rated with an identified pathway to achieve BER A3 rating. - Excellent connectivity with the adjacent Point LUAS stop providing city centre access, and close proximity to the Port Tunnel. - Dynamic location immediately surrounded by excellent offerings and recent developments. ¹ As of 01/09/2025

The local area

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School Name
Distance
Pupils
School NameSt Joseph's National School East WallDistance660mPupils225
School NameSt Patrick's Girls' National SchoolDistance670mPupils148
School NameSt Patrick's Boys National SchoolDistance670mPupils126
School Name
Distance
Pupils
School NameSt Laurence O'Toole's National SchoolDistance960mPupils177
School NameLaurence O'Toole Senior Boys SchoolDistance1.0kmPupils74
School NameSt Laurence O'Toole Special SchoolDistance1.2kmPupils20
School NameSt Columba's National SchoolDistance1.4kmPupils91
School NameSt Matthew's National SchoolDistance1.4kmPupils209
School NameCity Quay National SchoolDistance1.4kmPupils156
School NameSt Vincent's Boys SchoolDistance1.4kmPupils89
School Name
Distance
Pupils
School NameRingsend CollegeDistance680mPupils210
School NameC.b.s. Westland RowDistance1.4kmPupils202
School NameO'Connell SchoolDistance1.7kmPupils215
School Name
Distance
Pupils
School NameMarian CollegeDistance1.7kmPupils305
School NameMarino CollegeDistance1.8kmPupils277
School NameSt. Joseph's Secondary SchoolDistance1.8kmPupils263
School NameLarkin Community CollegeDistance1.9kmPupils414
School NameBlackrock Educate Together Secondary SchoolDistance2.1kmPupils185
School NameSandymount Park Educate Together Secondary SchoolDistance2.1kmPupils436
School NameLoreto CollegeDistance2.2kmPupils584
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance70mStopPoint VillageRouteN4DestinationBlanchardstown ScProviderDublin Bus
TypeBusDistance70mStopPoint VillageRouteN4DestinationPoint VillageProviderDublin Bus
TypeBusDistance100mStopCastleforbes RoadRouteG1DestinationSpencer DockProviderDublin Bus
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance100mStopCastleforbes RoadRouteG2DestinationLiffey Valley ScProviderDublin Bus
TypeBusDistance100mStopCastleforbes RoadRouteG1DestinationRed Cow LuasProviderDublin Bus
TypeBusDistance100mStopCastleforbes RoadRouteG2DestinationSpencer DockProviderDublin Bus
TypeBusDistance150mStopSheriff Street UpperRoute912DestinationBr An Phoirt ThoirProviderMatthews Coach Hire
TypeBusDistance200mStop3arenaRoute100xDestinationDundalkProviderBus Éireann
TypeBusDistance200mStop3arenaRoute101xDestinationAston VillageProviderBus Éireann
TypeBusDistance200mStop3arenaRoute735DestinationDublin AirportProviderJ.j Kavanagh & Sons

BER Details

BER No: 801053729

Energy Performance Indicator: 110.37 kWh/m2/yr

Statistics

  • 14/10/2025
    Entered
  • 1,571
    Property Views

Daft ID: 523012937

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