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For Sale

94 Lower Drumcondra Road,

Drumcondra, Dublin 9, D09Y43A
497 SQ.M
€2,400,000
Investment Property

Property Overview

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 café, 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.

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

  • 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.

Accommodation

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