Newmount House, Mount Street Lower, Dublin 2

Newmount House, Mount Street Lower, Dublin 2

€7,000,000

Newmount House, Mount Street Lower, Dublin 2

€7,000,000

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Beds
Price	€7,000,000
Property Type	Investment Property
Size	0 meters²
Energy Rating	BER-
Refreshed on	Oct 17, 2024
Eircode
Group Name	Savills Commercial Investments
Sales License Number	002233

Description

Newmount House offers a unique opportunity to acquire an office investment with strong redevelopment potential in Dublin's CBD. It is a five-storey office building comprising a lower ground floor and five upper floors. The subject property retains its red brick mock Georgian façade giving it a prominent position on Mount Street in Dublin 2’s Georgian Core. Newmount House is currently multi-tenanted in a strong occupier location. It provides for 17 surface level car parking spaces on a wider site that offers strong redevelopment potential.

Features

Five storey office building extending to 18,178 sq ft (NIA) Multi-tenanted investment Rental income of €637,919 p.a. equating to €32.91 psf WAULT of circa 1.12 years 17 secure surface level car spaces Located in Dublin's CBD Excellent connectivity - 7 minute walk from Grand Canal Dart Station Strong redevelopment potential

BER Details

BER Rating: B3

Directions

Grand Canal DART Station is a 7-minute walk to the east, offering rail connectivity between North and South Dublin. Dawson Street Luas Stop is less than a 15-minute walk, offering light rail connectivity between North, South and West Dublin. There is a Dublin Bus stop located outside the property with multiple bus routes across the city.

Negotiator

Seán Ryan McCaffrey

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Description

Newmount House offers a unique opportunity to acquire an office investment with strong redevelopment potential in Dublin's CBD. It is a five-storey office building comprising a lower ground floor and five upper floors. The subject property retains its red brick mock Georgian façade giving it a prominent position on Mount Street in Dublin 2’s Georgian Core. Newmount House is currently multi-tenanted in a strong occupier location. It provides for 17 surface level car parking spaces on a wider site that offers strong redevelopment potential.

Features

Five storey office building extending to 18,178 sq ft (NIA) Multi-tenanted investment Rental income of €637,919 p.a. equating to €32.91 psf WAULT of circa 1.12 years 17 secure surface level car spaces Located in Dublin's CBD Excellent connectivity - 7 minute walk from Grand Canal Dart Station Strong redevelopment potential

BER Details

BER Rating: B3

Directions

Grand Canal DART Station is a 7-minute walk to the east, offering rail connectivity between North and South Dublin. Dawson Street Luas Stop is less than a 15-minute walk, offering light rail connectivity between North, South and West Dublin. There is a Dublin Bus stop located outside the property with multiple bus routes across the city.

Negotiator

Seán Ryan McCaffrey

Show more...

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Savills Commercial Investments

Tel: 01 61...

PSRA Licence No. 002233

Date created: Oct 17, 2024