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€2,800,000

Westland House, Westland Business Park, Willow Road

21689 sq. ft.

Investment Property

Property Overview

  • Available From: Immediately

Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 21689 sq. ft.
Property Highlights: - Modern suburban multi-let office investment - Extending to approximately 2,015 sq.m./21,689 sq.ft. GIA - 63 surface car parking spaces - Total passing rent of €262,082 per annum - NIY of 8.52%, after standard purchaser costs of 9.96% - Attractive capital value of €129 per sq. ft. Westland Park is a five-unit office park originally constructed by John Paul Construction. The scheme comprises approx. 10,300 sq.m. (111,000 sq.ft.) of modern office accommodation with extensive surface car parking. Westland House is finished to a modern specification to include raised access floors, suspended ceilings, VRV air conditioning, an 8-person passenger lift and a central feature stairwell. The property provides a mixture of open plan and cellular office space together with kitchen facilities in each suite. The building has an impressive three-storey glazed atrium reception. Each floor has the benefit of male and female WC. In addition, there are 63 surface car spaces. Property Location: Westland House is situated in Westland Business Park, Willow Road, Dublin 12. The Park is a popular suburban office development located approx. 1.5 km from Junction 9 on the M50, 1.5 km from Park West Train Station and approx. 1.5 km from Kylemore Luas Stop. There are Park and Ride facilities available at the Red Cow terminus and there have been improvements to the New Nangor Road to facilitate increased Dublin Bus services. The property is a 25 minute drive from both Dublin Airport and Dublin City Centre. Occupiers in the vicinity include Actavo, BioPharma Engineering, Diageo and Toyota Ireland.

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BER Details

D1

BER No: 800035917

Energy Performance Indicator: 573.35 kWh/m2/yr

Statistics

22/09/2021

Entered/Renewed

3,013

Property Views

Daft ID: 55435784

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Stephen Mellon

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