Friday 20 July 2018

Abrae Court sale secures €1.5m

Abrae Court Guesthouse in Rathgar
Abrae Court Guesthouse in Rathgar
Ronald Quinlan

Ronald Quinlan

The former Abrae Court Guesthouse, on Zion Road, Rathgar, D6, has been sold to a private investor for in the region of €1.5m.

A two-storey, over-garden level Victorian period building, the property retains many original features and extends to approximately 682 sq m. There are 18 guest bedrooms, a two-bed apartment and secure car parking. The site covers an area of 0.074 hectares (0.18 acres) and is located in an area zoned L2 within the Dublin City Development Plan 2016-2022, aiming "to protect and/or improve the amenities of residential conservation area".

John Hughes of CBRE Hotels sold the property on the instructions of joint receivers Luke Charleton and Marcus Purcell of EY.

Indo Business

Business Newsletter

Read the leading stories from the world of Business.

Also in Business