Tuesday 17 October 2017

Adjoining properties are sold in Sandyford Office Park

8/9 Sandyford Office Park
8/9 Sandyford Office Park

An investor has purchased a pair of adjoining compact terraced offices at 8/9 Sandyford Office Park, Dublin 18 for €280,000.

Located directly opposite the Sandyford LUAS Station, the two-storey property has a combined floor area of 288sqm (3,104 sq ft) and is generating €31,769 from two tenants on short-term leases.

This equates to a gross yield of 11.3pc.

Orthos Medical Ltd is the tenant at 8 Sandyford Office Park, which extends to almost 99sqm (1,064 sq ft).

Event Professional Consultancy Ltd is the tenant in the neighbouring No 9, which extends to almost 190sqm (2,040 sq ft).

The properties come with eight car parking spaces.

Vincent Finnegan Commercial acted for the vendor.

Sandyford Office Park is a cluster of mainly two-storey, own-door offices within the industrial estate, which is a short driving distance from the M50 motorway and the N11.

It is also within a short driving distance of Stillorgan, Leopardstown, Foxrock, Dundrum and Stepaside.

Irish Independent

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