8-12 Terenure Place, 2 Templeogue Rd, & 11A Rathfarnham Rd,
Property Overview
- Features
- Location
INVESTMENT SUMMARY
- Substantial urban plot of 0.216 hectares (0.533 acres) in the centre of Terenure Village
- Buildings extend to approx. 1,323.38 sq.m (14,245 sqft) plus ancillary mezzanine space
- Net operating income of approx. €250,262.61 per annum at present with scope to increase this on leasing Unit 2 and through active asset management
- Potential for substantial redevelopment of the entire – subject to planning permission
- Zoned Objective Z4 ‘Key Urban Village / Urban Villages’ in the 2022-2028 Dublin City Council Development Plan
- For Sale by Private Treaty
- Offers sought in excess of €3,400,000
DESCRIPTION
The property consists of a substantial urban plot of approx. 0.216 hectares (0.533 acres) on which there are currently five retail units, one first floor restaurant, first floor office accommodation (recently refurbished), a gym, ancillary warehouse accommodation and 13 no. car parking spaces that are income producing.
In total, the buildings extend to approx. 1,323.38 sq.m (14,245 sqft) plus ancillary mezzanine space. Unit 2 is currently vacant and available to lease. The balance is fully occupied and producing a net operating income of approx. €250,262.61 per annum.
FUTURE DEVELOPMENT POTENTIAL
The entire plot, and the surrounding properties, are all part of an area zoned Z4 ‘Key Urban Village / Urban Villages – to service the needs of the surrounding catchment providing a range of retail, commercial, cultural, social, and community functions that are easily accessible by foot, bicycle, or public transport in line with the concept of the 15 minute city’ in the 2022-2028 DCC Development Plan.
Permissible uses include amongst others: medical and related consultants, primary health care centre, public house, residential, restaurant, retail, and training centres. Uses open for consideration include amongst others: Build to Rent residential and student accommodation.
TENURE
The title to the property is a mixture of freehold and long leasehold titles. A title summary will be made available to review.
VIEWINGS / FURTHER INFORMATION
Viewings are strictly by prior appointment only. For further information please contact sole selling agent Lisney.
INVESTMENT SUMMARY Substantial urban plot of 0.216 hectares (0.533 acres) in the centre of Terenure Village Buildings extend to approx. 1,323.38 sq.m (14,245 sqft) plus ancillary mezzanine space Net operating income of approx. €250,262.61 per annum at present with scope to increase this on leasing
INVESTMENT SUMMARY
- Substantial urban plot of 0.216 hectares (0.533 acres) in the centre of Terenure Village
- Buildings extend to approx. 1,323.38 sq.m (14,245 sqft) plus ancillary mezzanine space
- Net operating income of approx. €250,262.61 per annum at present with scope to increase this on leasing Unit 2 and through active asset management
- Potential for substantial redevelopment of the entire – subject to planning permission
- Zoned Objective Z4 ‘Key Urban Village / Urban Villages’ in the 2022-2028 Dublin City Council Development Plan
- For Sale by Private Treaty
- Offers sought in excess of €3,400,000
DESCRIPTION
The property consists of a substantial urban plot of approx. 0.216 hectares (0.533 acres) on which there are currently five retail units, one first floor restaurant, first floor office accommodation (recently refurbished), a gym, ancillary warehouse accommodation and 13 no. car parking spaces that are income producing.
In total, the buildings extend to approx. 1,323.38 sq.m (14,245 sqft) plus ancillary mezzanine space. Unit 2 is currently vacant and available to lease. The balance is fully occupied and producing a net operating income of approx. €250,262.61 per annum.
FUTURE DEVELOPMENT POTENTIAL
The entire plot, and the surrounding properties, are all part of an area zoned Z4 ‘Key Urban Village / Urban Villages – to service the needs of the surrounding catchment providing a range of retail, commercial, cultural, social, and community functions that are easily accessible by foot, bicycle, or public transport in line with the concept of the 15 minute city’ in the 2022-2028 DCC Development Plan.
Permissible uses include amongst others: medical and related consultants, primary health care centre, public house, residential, restaurant, retail, and training centres. Uses open for consideration include amongst others: Build to Rent residential and student accommodation.
TENURE
The title to the property is a mixture of freehold and long leasehold titles. A title summary will be made available to review.
VIEWINGS / FURTHER INFORMATION
Viewings are strictly by prior appointment only. For further information please contact sole selling agent Lisney.
The property is located in a prime commercial position in the centre of Terenure Village with exceptional visibility and access to the surrounding areas.
The majority of the property overlooks the prominent junction where Terenure Place, Templeogue Road, and Terenure Road West all merge. There is extensive frontage onto Terenure Place (approx. 20 metres) and Templeogue Road (approx. 29 metres) plus an additional approx. 12 metres of frontage onto Rathfarnham Road at the rear.
The immediate area is home to a variety of popular retailers, restaurants, cafes, and bars including Lidl, Aldi, Lotts & Co, Mario’s, and Brady’s (Bar). Terenure Library is situated nearby and is set to be redeveloped in the coming years.
The location benefits from a high volume of vehicular and pedestrian footfall and excellent transport links. There are numerous bus services to Dublin city centre and to the surrounding suburbs plus easy access to the M50 motorway via the R137 Templeogue Road.
The property is located in a prime commercial position in the centre of Terenure Village with exceptional visibility and access to the surrounding areas. The majority of the property overlooks the prominent junction where Terenure Place, Templeogue Road, and Terenure Road West all merge. There is extensive
The property is located in a prime commercial position in the centre of Terenure Village with exceptional visibility and access to the surrounding areas.
The majority of the property overlooks the prominent junction where Terenure Place, Templeogue Road, and Terenure Road West all merge. There is extensive frontage onto Terenure Place (approx. 20 metres) and Templeogue Road (approx. 29 metres) plus an additional approx. 12 metres of frontage onto Rathfarnham Road at the rear.
The immediate area is home to a variety of popular retailers, restaurants, cafes, and bars including Lidl, Aldi, Lotts & Co, Mario’s, and Brady’s (Bar). Terenure Library is situated nearby and is set to be redeveloped in the coming years.
The location benefits from a high volume of vehicular and pedestrian footfall and excellent transport links. There are numerous bus services to Dublin city centre and to the surrounding suburbs plus easy access to the M50 motorway via the R137 Templeogue Road.
Accommodation
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