Central Dublin office suite offered for sale or to rent

1 Harmony Court extends to 294.5 sqm

Donal Buckley

February 16 2023 02:30 AM

A vacant office suite in Dublin city centre is being offered to the occupier and investment markets for sale or rent. Located on the ground floor, 1 Harmony Court extends to 294.5 sqm or 3,170 sqft, is mainly open plan and comes with a manager’s office and a board room.

Sole agent Mervyn Feely is quoting €1.5m for its sale or €150,000 per annum for its rent guide price. These prices equate to €473 per sqft capital cost or €47.32 per sqft for rent.

Partially fitted out, its facilities include air conditioning, Cat 5 cabling, kitchen facilities, disabled, male and female toilet facilities and a shower room, suspended ceilings, carpeted raised floors, plastered and painted walls. It also comes with two parking spaces.

Harmony Court is a six-storey over-basement office block, with an attractive curved glass façade.

Facing onto Harmony Row, Dublin 2, off Pearse Street, it is located in the heart of Dublin city’s core Central Business District, just 650 meters from Grand Canal Square and 400 meters from Pearse Street Dart Station.

It is also a short walk from the IFSC, Trinity College and the seat of Government on Merrion Street as well as the Luas in the IFSC and at Trinity College.

Occupiers in the area include Google, Meta, Accenture, Stripe, Richmond Marketing and Verve Marketing.

Leisure facilities in the area include Merrion Square, The River Liffey, Bord Gáis Theatre and the National Gallery. The district is also well served by a number of hotels including the Westin, the Alex and the Marker.

With its vacancy, Unit 1 will provide an owner occupier, investor or tenant with the ability to secure a modern office in a central Dublin location benefiting from excellent connectivity

In 2020 a neighbouring but larger Unit 3 Harmony Court was brought to the market with a €2.25m asking price. However that extended to 3,405 sqft and was let on an upward only, inflation-linked rent for 15 years and came with three parking spaces.

Around the same time another neighbouring suite, Unit 2, was offered for sale with a €1.95m guide price which equated to a capital value of about €630 per sqft. It was also vacant and came with two parking spaces and extended to 3,093 sqft.