One Burlington Road, Dublin 4, D04C5Y6
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One Burlington Road, Dublin 4, D04C5Y6

Price on Application

10794 m²

Investment Property

Property Overview

  • Available From: Immediately

Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 10794 m²
Exceptional Landmark Asset,Strategically Located in One of Dublin's Leading Office Locations Connaught House is an impressive six storey over basement building The building is fully leased By 10 strong covenants, Including macquaire Aviation, alkermes and Carlyle aviation. Connaught House is constructed to the highest standards and this prestigious building continues to attract strong covenants to one of Dublin's most sought-after office locations. The ESG credentials are one of the most important elements to consider in terms of repositioning the property to satisfy both occupier and investor requirements into the future. Investment Hightlights: Fully leased prime office block backed by strong covenants, boasting short-term asset management potential. Strategically located in one of Dublin€TM leading office locations. High quality landmark building extending to 116,191 sq ft (10,795 sq m) 1 of Grade A office accommodation. Combined rent roll of '¬7.14M per annum, secured by an excellent tenant line-up including Macquarie Aviation Capital, Alkermes and Biohaven. Optimal floor plate configuration with typical 5,200 sq ft €" 10,500 sq ft floor plates, in line with peak active demand. Excellent connectivity with the Luas, DART and Dublin Bus all situated within close proximity. Proven and robust rental tone with average passing rent of approximately '¬58 per sq ft ('¬624.30 sq m) (excluding cars). Offers numerous asset management opportunities including the execution of a sustainability pathway to achieve a BER B1 rating with minimal disruption to tenants and additional route to BER of A3, with likely facade works required. Two-level basement car park with 86 car parking spaces, providing an excellent car parking ratio of 1:1351 sq ft (1:125 sq m). Freehold equivalent title. Guide price: Excess '¬80m (subject to contract and exclusive of VAT) reflecting a net initial yield of 8.11%, assuming standard purchaser costs of 9.96%. Building Energy Rating Building Energy Rating: C3 with a pathway to B1 identified which can be achieved with tenants in situ and minimal disruption. An alternative pathway to A3 to include facade works is also identified. Location: Exceptionally well connected, Connaught House is positioned within walking distance to the LUAS, Dart and Dublin Bus, all within close proximity Directly outside the entrance, there are various Dublin Bus routes available, ensuring convenient access across the city. Additionally, the nearest Luas (light rail) stop is located at Charlemont, which is only a short 11-minute walk. Furthermore, the DART is situated nearby, just a 15-minute walk away at Grand Canal and Lansdowne Road Stations.

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School Name
Distance
Pupils
School NameCatherine Mc Auley N ScDistance390mPupils99
School NameScoil Chaitríona Baggot StreetDistance400mPupils150
School NameSt Christopher's Primary SchoolDistance450mPupils634
School Name
Distance
Pupils
School NameGaelscoil EoinDistance470mPupils23
School NameSt Declans Special SchDistance680mPupils35
School NameJohn Scottus National SchoolDistance680mPupils177
School NameRanelagh Multi Denom National SchoolDistance960mPupils222
School NameSandford Parish National SchoolDistance1.3kmPupils220
School NameBunscoil Synge StreetDistance1.3kmPupils113
School NameGaelscoil Lios Na NógDistance1.3kmPupils203
School Name
Distance
Pupils
School NameCatholic University SchoolDistance640mPupils561
School NameSt Conleths CollegeDistance700mPupils328
School NameLoreto CollegeDistance760mPupils570
School Name
Distance
Pupils
School NameC.b.s. Westland RowDistance1.1kmPupils186
School NameSandford Park SchoolDistance1.2kmPupils436
School NameMuckross Park CollegeDistance1.3kmPupils707
School NameMarian CollegeDistance1.4kmPupils306
School NameSynge Street Cbs Secondary SchoolDistance1.4kmPupils311
School NameSt. Mary's College C.s.sp., RathminesDistance1.4kmPupils476
School NameRathmines CollegeDistance1.5kmPupils55
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance30mStopMespil HotelRoute39xDestinationOngarProviderDublin Bus
TypeBusDistance30mStopMespil HotelRoute70DestinationDunboyneProviderDublin Bus
TypeBusDistance30mStopMespil HotelRoute39DestinationOngarProviderDublin Bus
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance30mStopMespil HotelRoute38aDestinationDamastownProviderDublin Bus
TypeBusDistance30mStopMespil HotelRoute38DestinationDamastownProviderDublin Bus
TypeBusDistance30mStopMespil HotelRoute38bDestinationDamastownProviderDublin Bus
TypeBusDistance30mStopMespil HotelRoute38dDestinationDamastownProviderDublin Bus
TypeBusDistance60mStopBurlington RoadRoute39xDestinationBurlington RoadProviderDublin Bus
TypeBusDistance60mStopBurlington RoadRoute38dDestinationBurlington RoadProviderDublin Bus
TypeBusDistance60mStopBurlington RoadRoute70DestinationBurlington RoadProviderDublin Bus

BER Details

C3

Statistics

29/04/2024

Entered/Renewed

249

Property Views

Daft ID: 519347531

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