53 Cabra Park, St Peters Road, Phibsborough, Dublin 7, D07TY86

Price on application Offers invited. 53 Cabra Park generates an annual rental income of c. €128,000 Gross Yield approx. 10% from the 7 exceptionally well presented self-contained flats within the property. This remarkable investment property has been extensively refurbished to an extraordinary high standard, meeting institutional investment grade quality. The property features low maintenance features and finishes throughout and comes fully furnished and fully occupied by new tenancy's at current open market rental values. Cabra Park is located in Phibsborough off St Peter's road within a short walk of Dublin city centre and approximately 3 km's from St. Stephen's Green. Phibsborough Village is served by the Luas Cross City (which is located c.600m from 53 Cabra Park) and provides a range of convenient retail amenities, financial institutions, restaurants, bars and cafes while TUD's new Grangegorman University Campus is located within walking distance. Cabra Park is also located within 2 km's of the wonderful Phoenix Park with 1,750 acres of parkland amenity including Dublin Zoo, The Irish President's home "Aras an Uachtarain" and numerous walking trails and cycle paths. This is an ideal investment for a personal pension or for those seeking a property investment in excellent condition with no works required and producing a lucrative rental income. Offers invited and viewing is available by appointment only with Conor Gallagher KEY HIGHLIGHTS: 1. Completely rewired with RECI certs per unit and Landlord area. 2. New hot and cold-water supply plumbed to all units with back up reservoir. 3. New kitchens, bathroom fittings and fitted wardrobes. 4. Newly decorated/drylined/carpeted. 5. New roof covering and lead flashings where required. 6. Front façade repointed and sand blasted. 7. All external walls have insulated plasterboard to avoid cold bridging . 8. Fire safety in accordance with TGD B2006 and Department of the Environment document Fire Safety in Flats 1994 - which includes new Fire (IS 3218:2013) and Emergency lighting (IS 3217:2013) installation. 9. Building in compliance with Fire Services Act. 10. Building in compliance with Dublin City Housing Standards. 11. Overall refurbishment to Institutional Investor standard. ACCOMMODATION: Entrance Hall - beautifully appointed entrance hallway with fitted carpets and wall panelling. Unit No 1 - Ground floor studio to front of property with kitchen/living/bedroom and ensuite. BER C3 Unit No 2 - Ground floor studio with private garden to the rear of property with kitchen/living/bedroom and ensuite. BER C3 Unit No 3 - Ground floor one bedroom apartment with private garden to the rear of the property. This unit comprises kitchen/living, bedroom and ensuite. BER D2 Unit No 4 - First floor large studio to the rear of property with separate kitchen, living/bedroom and ensuite. BER C2 Unit No 5 - First floor studio to front of property with kitchen/living/bedroom and ensuite. BER C1 Unit No 6 - Second floor studio to rear of property with kitchen/living/bedroom and ensuite. BER C3 Unit No 7 - Second floor one bedroom apartment to the front of property with kitchen/ living, bedroom and ensuite. BER C1 All units are rented at current open market rental value as follows; Unit Type Monthly Gross Rent Annual Gross Rent Unit 1 - Studio € 1,377 € 16,524 Unit 2 - Studio with private garden € 1,532 € 18,384 Unit 3 - 1 bed with private garden € 1,681 € 20,172 Unit 4 - Studio € 1,527 € 18,324 Unit 5 - Studio € 1,484 € 17,808 Unit 6 - Studio € 1,380 € 16,560 Unit 7 - 1 bed € 1,683 € 20,196 Total €10,664 €127,968 Offers invited and viewing is available by appointment only with Conor Gallagher of Gallagher Quigley