Wyse is seeking €1.495 million for two adjoining three-storey period buildings at 107 and 109 Lower Rathmines Road, Dublin 6, which produce an annual rental income of €126,800. The investment will show a yield of 8.5 per cent.
Each of the buildings has a ground floor retail unit and two two-bedroom overhead apartments.
Sale of Sandymount Green building for €3m
Nick Hughes of Coldwell Banker Commercial has secured in excess of €3 million for a business premises at 23/24 Sandymoumt Green in Dublin 4, which produces a rental income of €233,500. The building extends to 481sq m (5,177sq ft) and is shared by Spar, Indie Spice and a mobile phone mast owned by Vodafone.
Santry industrial building for €1.25m
Bannon is guiding in excess of €1.25 million for an industrial building previously occupied by IBM at Airways Industrial Estate at Santry, Dublin 9. The building extends to 4,139sq m (44,552sq ft) and includes a four-bay warehouse and ancillary offices.
Nursing home site in Tipperary for €600,000
CBRE is seeking €600,000 for a 5-acre site for a nursing home in Tipperary town. The site at Murgasty has planning permission for 72 en suite bedrooms in a two-storey building less than 1.3km from the train station.
Kildare bar/restaurant auctioned for €1.6m
A north Kildare publican has bought at auction the Castletown Inn bar and restaurant in Celbridge, Co Kildare, for €1.6 million. The business is located along the main street and backs on to a large car park. It has a highly successful restaurant and a bar, with a separate entrance to Green’s restaurant, which can seat 65 diners. The auction was conducted by REA Coonan and John Younge Auctioneers.
Mixed-use Newbridge investment for €350,000
Jordan Auctioneers is guiding €350,000 for a mixed-use investment property at Henry Street in Newbridge. The two-storey detached building extends to more than 283sq m (3,052sq ft) and includes two lock-up retail units with their own door offices overhead. The building produces a rental income of €33,600. According to the selling agent, this could be increased to €39,800 over the next few years.
Blackrock office space for rent in September
Mason Owen & Lyons is quoting a rent of €269/sq m (€25/sq ft) for office space over four floors at Duncairn House, 14 Carysfort Avenue in Blackrock, Co Dublin. The building extends to 1,094sq m (11,783sq ft) over four floors and is presently being modernised with the intention of making it available for occupation in September.
D14 shop/apartment for sale at €360,000
Lambert Smith Hampton is expecting interest from both investors and owner-occupiers in a shop with overhead accommodation at Beaumont Avenue, Churchtown, Dublin 14, which is for sale at €360,000. The building, which is in need of modernisation, has an overall floor area of 140sq m (1,506sq ft) and off-street parking to the rear.
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