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+11
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15
€2,000,000

Derrylavin, 60, North Circular Road, Dublin 7

10 Bed

10 Bath

280 m²

End of Terrace

Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 280 m²
Borgman Earls are delighted to offer this superb Residential Investment to the market. This is a turnkey rental investment representing an opportunity to purchase a fully tenanted multi-unit period property, ideally situated in the heart of Dublin 7 and in a prime position on the North Circular Road. 'Derrylavin' comprises 10 self-contained units, made up of 2 x 1 bed apartments and 8 x studio apartments. The building extends to approximately 280 Sqm, (3000 Sqft) and accommodation is laid out across three storeys, with attractive bay windows to the front. All units are completely self-contained and finished to the highest standards throughout. The building is superbly located within a short walk to the Phoenix Park, DIT Grangegorman campus and within a 10-minute walk to Heuston Station and the Red Luas line. There are also regular bus services outside the front door. The area benefits from strong rental demand, due to the close proximity of the City Centre. Current annual rent roll is in excess of €152,000. (Full tenancy details are available on request) The building underwent full refurbishment in 2017, and no expense was spared in the fit out of the communal areas and all apartments, whilst maintaining many original features. There is a full fire safety system in place, and CCTV video throughout the building. Each apartment benefits from the following: - Double Glazing - Viessmann Combination Gas boilers - Security alarm - Virgin Media connection point - Fully integrated kitchens including electric oven & hob, fridge with freezer shelf, washer/dryer. - Shower rooms with rainfall showers and heated towel rails At the front of the property there is drive-in parking for two cars, and a bicycle rack. There is side access with a communal courtyard garden at the rear. There is also a separate plot with rear laneway access which has potential for development, subject to all necessary planning permission. BER: All apartments are individually rated C1 - C3 BER Details BER: C1 BER No.110351509 Energy Performance Indicator:172.1 kWh/m²/yr
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Property Features

  • Fully refurbished investment opportunity
  • 10 units all occupied with registered tenancies
  • Current rent roll in excess of '¬152,000 per annum
  • No Additional Capital Expenditure required
  • High spec finish throughout
  • Rear access to separate plot with potential subject to planning permission

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BER Details

C1

BER No: 110351509

Energy Performance Indicator: 172.1 kWh/m2/yr

Statistics

25/11/2022

Entered/Renewed

4,763

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