Business Commercial Property

Tuesday 25 July 2017

Dublin apartments for sale as an investment for €1.5m

Peter Flanagan

Peter Flanagan

DNG Commercial is seeking €1.5m for an apartment block in Central Dublin.

The block at Kelly's Court on Kelly's Row in Dublin 1 consists of 29 apartments.

The investment comprises the sale of 10 apartments within one block. The development is constructed over seven stories with the 10 apartments interspersed throughout.

DNG say the development was completed in 2007. The building is of concrete block or brick construction with reinforced concrete floors and double glazed timber framed windows.

Each apartment is fitted out to "a high standard with laminate timber floors in the hallways and living rooms".

"The kitchen area is tiled with a beechwood finish on all units. The heating is provided by storage heaters".

"This is an excellent opportunity to acquire a fully let portfolio in this popular city centre location where there is good scope for capital appreciation. The current limited availability and demand of rental accommodation is resulting in strong capital and rental growth," said the agents.

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