Corner House, Old Bray Road, Cabinteely, Dublin 18, D18XC80

Dati

Summary:

• Multi Let Investment Opportunity
• Extending to approximately 215.33 sq.m. (2,318 sq.ft.)
• Landmark property, in excellent main street location
• WAULT of 12.6 Years
• Fully let with a passing rent of €81,250 per annum
• Guide Price €900,000
• Net Initial Yield of 8.21% (after standard purchaser costs of 9.96%)
• Tenants not affected.

Location:

The property occupies a prime position on Johnstown Road in Cabinteely, one of South Dublin’s most established and sought-after suburban locations. The area is predominantly residential and continues to experience significant growth and development.

Directly opposite, 34 new homes are currently under construction, while a substantial scheme of approximately 342 residential units is planned at nearby Brennanstown, just north of Cabinteely Village. These large-scale developments highlight the ongoing expansion of the area and will further enhance local footfall and demand for commercial occupiers.

The subject property is ideally positioned in the centre of Cabinteely Village within 130m of the N11, 2.5km from the M50, 50m from Dublin bus routes and only 2km from the Luas Gren Line.

Description:

This landmark property comprises a two-storey mixed-use corner building benefiting from dual frontage onto Old Bray Road and Johnstown Road.

The accommodation includes a restaurant arranged over part ground and first floor, a ground floor barber, and a cosmetic clinic occupying part ground and first floor areas.

The property is in excellent internal condition throughout, with each unit finished to a high standard.

Neighbouring businesses include Cabinteely Garda Station, Bank of Ireland Operations Centre, The Horse and Hound Pub, Veda Indian Restaurant, Lewis Motors, BLT Café, An Post, Dublin 18 Dental Rooms and Bread 41.