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€3,000,000

ARDFERT HOUSE, 1-3 Nelson Street, Dublin 7

28 Bed

28 Bath

700m2

Terrace

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Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 700m2
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MOVEHOME ESTATE AGENTS ... are honoured to offer a lucrative and large investment opportunity that is located minutes from O'Connell Street and The Mater Hospital. These 3 mid terraced period property's span 700 m / 7,535 ft in total ( approx. 2,450 sq. ft for each property ) and are interconnected on the lower ground floor level. Numbers 1, 2 & 3 Nelson Street host 28 Bedrooms in total and they are ALL ensuite, fitted with wooden flooring, PVC windows and modern wiring. The rooms vary in size and there are a majority of double rooms each with window access. The property has a full Fire safety Certificate & Compliance Certificates. The Rental yield is €480,000 per year from DCC with the running costs at approx. €230,000 per anumn. The property has a remaing lease term to its tenant Dublin City Council of 7 years which makes it an ideal and very secure investment. Nelson Street is just off Eccles Street/ Dorset Street and five minutes walk from the Centre of Dublin & surrounded by the largest & most diverse choice of entertainment & amenities from cafés, restaurants, shopping, galleries, theatres, museums, culture, cinemas & more, in Ireland. There are well over 20 Schools serving the area of this house including The Central Model School, St Peter€TM & St Columba€TM National Schools, Belvedere College, O€TMonnell Schools, St Laurence O€TMooles CBS, Mount Carmel Secondary School, Dominican College, Loreto St Stephen€TM Green; various Colleges including Marino College & National College of Ireland & Universities including Dublin City University, Trinity College & TUD [Technical University Dublin]. Transport Services [DART, Bus, Luas, Train, & Road connections] are all in close proximity. The house is approx. 15 minutes drive from Dublin Airport. Sports & Recreational facilities in the local area include Gym€TM, Walking, Boxing, Athletics, Rugby & Football, Running, Cycling, Squash [including in TCD & local Colleges], Sailing & Kayaking [on the Liffey], etc Vibrant Dorset Street & surrounding Streets, are minutes walk away & offer an assortment of shopping, cafes, restaurants, pubs & supermarkets. There is ample permit parking to the front of the property, and the area is well served by public transport including cross-city buses, the Luas and a future MetroLink station. All in all - an enviable purchase! These elegant property's is the perfect choice for those seeking a fantastic investment opportunity in what is undoubtedly one of Dublin's most central locations. Early viewing is advised and srtictly by appointment with MOVEHOME ESTATE AGENTS ... 01-8844 690

Property Features

  • * Excellent Rental yield €40,000 p.m or €480,000 p.a
  • * Utilities & Managemnt Costs €230,000
  • * Totally Refurbished throughout
  • * 400m From Doyle's Corner in the Heart of Phibsboro
  • * 800m to O'Connell Street Beside the Mater Hospital
  • * 700m from Temple Street Children's Hospital
  • * High Profile Location
  • * Adjacent new LUAS line and DIT at Grangegorman
  • * Tenants not affected at retail unit, vacant possession at residential unit
  • * Excellent investment opportunity * Full Fire safety Certificate & Compliance Certificate. * Leased to Dublin City Council

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BER Details

D2

Statistics

02/03/2021

Entered/Renewed

11,930

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Daft ID: 13523826

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Ronan Crinion MIPAV

MoveHome Estate & Letting Agent

PSR Licence Number: 001747

01 884 4690

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MoveHome Estate & Letting Agent, 94 Drumcondra Road Upper Drumcondra Dublin 9

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Ronan Crinion MIPAV

01 884 4690
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