Swift Square & Metro Park Collection, Northwood, Santry, Dublin 9

Swift Square & Metro Park Collection, Dublin 9 - Office Investment & Residential Development Opportunity Description: Hooke & MacDonald and Savills are pleased to present the Swift Square & Metro Park Collection in Northwood, Santry, Dublin 9, offering: - A strong, fully let office investment opportunity, a successful office location; - As well as two neighboring residential development sites, one with full planning permission (Swift Square site) and the other with a feasibility study (Metro Park). The properties are available in the following lots: -Lot 1: Office Blocks 1 & 2 Swift Square and adjoining car park / site with full planning permission for 192 apartments - Guide Price: €38.5 million euro (9.9% Net Initial Yield); - Lot 2: Metro Park development site (c. 1.47 ha / 3.6 ac) with a feasibility study for 502 apartments - Guide Price: 10 million euro (c. €20,000 per site) - Lot 3: The Entire - Guide Price €48.5 million. Lot 1 - Swift Square office investment highlights: -Two modern standalone office blocks totaling approx. 157,860 sq.ft. (14,664 sq.m.); - 100% occupancy; - Contracted rent of €4,193,179 milion per annum; - Block 2 is let to ESB in its entirety; -Block 1 commercial covenants include BMW, Close Brothers, National Standard Authority of Ireland, Affidea; - WAULT of 3.1 years to break and 5.9 years to expiry; - Asset management potential with over 10 tenants currently in place; -Tenants not affected. The properties are located in Northwood with acres of parkland, diverse sporting facilities, convenient shops, cafes, restaurants & employment hubs. The joint agents would be glad to discuss the properties with you and to carry out inspection