94 Lower Drumcondra Road, Drumcondra, Dublin 3

€2,400,000

Beds
Price	€2,400,000
Property Type	Investment Property
Size	497 meters²
Energy Rating	BER-
Refreshed on	Apr 9, 2025
Eircode	D09Y43A
Group Name	Lisney Commercial Dublin
Sales License Number	001848

Description

94 Lower Drumcondra Road comprises a two-storey mixed use building extending to approximately 497 sq.m (5,350 sq.ft). The property incorporates a parade of four shopfronts on the ground floor and four generous apartments comprising 3 x 2 bedrooms & 1 x 3 bedrooms upstairs and to the rear. The retail units on the ground floor extend to approx. 160 sq.m ( and include a cafe, gourmet food store and beauty salon). The retail units benefit from on street seating. The residential units are self-contained apartments and benefit from separate access to the retail units. The building is presented in excellent condition throughout and retains many features including decorative cornicing, ceiling roses, sash windows and flanking pediment bay. The property also benefits from a large rear garden extending to approx. 575 sq.m. This space offers potential for further development, subject to planning permission. PRICE Guiding 2,400,000, representing a net initial yield of 6.77% assuming standard purchasers costs at 9.96%. TITLE We understand the property is held freehold Viewings with Lisney by private appointment only.

Features

Two-storey mixed-use investment opportunity producing 178,580 per annum. Comprises four shop fronts on the ground floor and 4 apartments (3 x 2 bedrooms & 1 x 3 bedrooms) with independent access Well serviced by public transport and is within reach of any service/amenity Elevated location overlooking the Bishops Place on Drumcondra Road Lower Tenants not effected.

Negotiator

Thomas Byrne

Description

Features

Negotiator

Thomas Byrne