D2 block on market
Shelbourne Development is selling its mixed office and retail block on the corner of Dawson Street and Molesworth Street and is hoping to achieve more than €15m from the sale.
The property at 13-17 Dawson Street extends to 3,800sqm is let on 16 short-term tenancies producing €943,612 a year.
In addition agents BNP Paribas Real Estate point out that it has potential for further lettings of vacant accommodation, which would increase the rental income to €1.2 m a year.
Its future development potential is expected to appeal to investors.