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Investment Property – Tenants not Affected – 65 Cabra Park, Cabra, Dublin 7


Type
Investment Property

Status
Sold

BER

Description

FOR SALE - Pre 63 investment property with freehold title

Yielding 10.44% Gross on purchase price, with €82,000 pa (Gross income / fully let)

(Tenants Not Affected)

SITUATION
Located at Cabra Park, within minutes walk of Phibsborough (named as one of the worlds coolest neighbourhoods by Time Out Magazine in 2020) and all of the adjacent amenities on offer, the location being in proximity to TUD Grangegorman (Technological University Dublin), Mater Hospital, Smithfield and Stoneybatter is excellent. Phibsborough LUAS stop is within a short walk of the property. The location is well serviced by both public and private transport links with easy access to the M1 and M50 Motorways.

GENERAL
Property Team Lappin Estates & Mullery Auctioneers take great pleasure in presenting to the market no. 65 Cabra Park, a fine Pre ’63 investment property with freehold title, which offers a tremendous investment opportunity to the astute investor. Currently producing approximately €82,000 gross income (fully let) this well managed property is being sold as a going concern.
This 3 storey red brick property, located in the heart of Phibsborough is presented to the market in good condition throughout and is divided into 7 self-contained residential units spread over three floors. This presents a fantastic investment opportunity within walking distance of Phibsborough and Dublin City Centre.

Accommodation
Ground Floor

Flat 5
Self contained studio flat with fitted kitchen, en-suite with WC, wash hand basin & shower

Flat 7
Self contained studio flat with fitted kitchen, en-suite with WC, wash hand basin & shower

Flat 6
Self contained studio flat with fitted kitchen, en-suite with WC, wash hand basin & shower

First Floor return

Communal Utility
Plumbed for washing machine & dryer, boiler

First Floor

Flat 4
Self contained studio flat with fitted kitchen, en-suite with WC, wash hand basin & shower

Flat 3
Self contained studio flat with fitted kitchen, en-suite with WC, wash hand basin & shower

Second Floor

Flat 2
Self contained studio flat with fitted kitchen, en-suite with WC, wash hand basin & shower

Flat 1
Self contained studio flat with fitted kitchen, en-suite with WC, wash hand basin & shower

All intending purchasers are specifically advised to verify the accommodation.

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