Lisney has brought to the market a modern office investment property in the centre of Dun Laoghaire For Sale by Private Treaty at a guide price of €1.25 million, which equates to €102 psf and an attractive net initial yield of 9.30%.

History of property

Carnegie House was built in 1998 and forms part of a larger structure that includes a multi-storey car park. The building currently provides for approximately 12,233 Sq.ft of usable office space across three floors, with the potential to extend in the long term (subject to planning).

Office Layout

The office accommodation is predominately open plan with a number of individual rooms on each floor. Specification includes suspended ceilings, recessed lighting, plastered and painted walls, raised access floors and gas-fired central heating.

The property is fully let on three individual leases. Tenants include; Michael Punch & Partners, Moloney O’Beirne Architects, and St. John of Gods Community Services.

For further information on this excellent opportunity please contact Chris Belton or Maria Lennon on 01-638 2700.

A news article in the Irish Times about the property is available to read HERE