Black­rock units for sale for €720k

Irish Independent - Business Week - - COMMERCIAL PROPERTY - Donal Buck­ley

CBRE has brought two prop­er­ties to the mar­ket which would ap­peal to pri­vate in­vestors and one of them could also suit an owner- oc­cu­pier.

A mixed-use in­vest­ment prop­erty, 21 Main Street, Black­rock, south Dublin, is for sale for €720,000.

It pro­duces an an­nual rent roll of €64,000 from two ten­ants, which equates to a net ini­tial yield of 8.51pc.

The base­ment and ground f loor is let to Tag­ford Ltd, trad­ing as Flexa, a Dan­ish childcare fur­ni­ture op­er­a­tor. The two up­per f loors, ex­tend­ing to 46 sq m (495 sq ft) and 43 sq m (470 sq ft) are let as of­fices to med­i­cal scan­ning com­pany Ul­tra­sound Di­men­sions Lim­ited.

A va­cant modern build­ing at 84 Tal­bot Street, Dublin 1, is for sale with a €1.2m price tag.

Ex­tend­ing to 408 sq m (4,400 sq ft), the five-storey­over-base­ment build­ing was pre­vi­ously in of­fice use.

Si­mon Plun­kett of agents CBRE says it also has plan­ning per­mis­sion for re­tail use at ground and base­ment lev­els and there is sep­a­rate ac­cess from street level to the up­per-f loor of­fice ac­com­mo­da­tion and this com­bi­na­tion would af­ford “both owner oc­cu­pier and in­vestors a unique city cen­tre as­set man­age­ment op­por­tu­nity”.

Tal­bot Street is a busy thor­ough­fare link­ing Henry St with key trans­port hubs at Con­nolly Sta­tion and Busaras.

The Sleep­zone Hos­tel Gal­way has been brought to the mar­ket with a pur­chase price in ex­cess of €1.5m

21 Main Street, Black­rock, com­prises three storeys over base­ment

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