94 Lower Drumcondra Road,
Property Overview
- Features
- Location
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
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.
- 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.
The subject property is set in an elevated position overlooking the Bishops Place on Drumcondra Road Lower. This strategic location offers excellent visibility and accessibility, benefiting from a high volume of both pedestrian and vehicular traffic. Drumcondra is an affluent densely populated residential suburb on the north side of Dublin City. Drumcondra is located just 1.6km north of Dublin city centre and its general surrounds provide a wide variety of shops, boutiques, bars, restaurants, schools and universities. There are also ample leisure and recreational facilities in the area including Croke Park, Tolka Park and Home Farm Football Club and The Botanic Gardens. Easy access is enjoyed to the city centre, IFSC, Dublin Airport, Beaumont, Mater & Temple Street Hospitals, DCU and the M1/ M50 Motorways. The property is highly accessible, with convenient access to public transport options including Drumcondra DART station, multiple Dublin Bus routes, and Dublin Bikes stations, all within a short walk.
The subject property is set in an elevated position overlooking the Bishops Place on Drumcondra Road Lower. This strategic location offers excellent visibility and accessibility, benefiting from a high volume of both pedestrian and vehicular traffic. Drumcondra is an affluent densely populated residential
The subject property is set in an elevated position overlooking the Bishops Place on Drumcondra Road Lower. This strategic location offers excellent visibility and accessibility, benefiting from a high volume of both pedestrian and vehicular traffic. Drumcondra is an affluent densely populated residential suburb on the north side of Dublin City. Drumcondra is located just 1.6km north of Dublin city centre and its general surrounds provide a wide variety of shops, boutiques, bars, restaurants, schools and universities. There are also ample leisure and recreational facilities in the area including Croke Park, Tolka Park and Home Farm Football Club and The Botanic Gardens. Easy access is enjoyed to the city centre, IFSC, Dublin Airport, Beaumont, Mater & Temple Street Hospitals, DCU and the M1/ M50 Motorways. The property is highly accessible, with convenient access to public transport options including Drumcondra DART station, multiple Dublin Bus routes, and Dublin Bikes stations, all within a short walk.
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