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.
BER: F - G
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.
By appointment only.
Messrs. Mullery Auctioneers Ltd. for themselves and for the vendors or lessors of this property whose agents they are, give notice that:- (i) The particulars are set out as a general outline for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract. (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person in the employment of Messrs. Mullery Auctioneers Ltd. has any authority to make or give any representation or warranty whatever in relation to this property. (iv) We have not tested any apparatus, fixtures, fittings or services. Interested parties must undertake their own investigation into the working order of these items. (v) All measurements are approximate and photographs and maps provided are for guidance only. (vi) Where a Matterport Virtual Tour is provided, we do not accept any responsibility for the accuracy of the Matterport measurement tool. Interested parties must confirm these measurements themselves by inspection or otherwise. (vii) Where a floorplan is provided please note the following; Whilst every attempt has been made to ensure the accuracy of these floorplans, any measurements, position of doors, windows etc are approximate and no responsibility is taken for any error, omission or mis-statement. These plans are provided for illustrative purposes only and should be used as such. These plans are for guidance only and must not be relied upon as a statement of fact. Attention is drawn to this important notice.
