Sunday 18 March 2018

Industrial units for below build cost

Ronald Quinlan

Ronald Quinlan

Cushman & Wakefield have brought three modern enterprise units in Northwest and Southwest Dublin to the market.

The offering consists of Unit B1, Centrepoint Business Park and Unit 21, Stadium Business Centre in Ballycoolin, and Unit C, Block 410 Greenogue Business Park in Rathcoole. The agents are seeking €240,000, €160,000 and €180,000 respectively for the three properties.

Unit B1 Centrepoint Business Park comprises an end-of-terrace enterprise unit extending to 278 sq m and benefits from ample parking to the front and rear of the property. Unit 21 Stadium Business Centre is a light industrial unit of 190 sq m and is laid out as a workshop space. Unit C, Block 410 Greenogue Business Park is a mid-terrace unit of 188 sq m.

James Smith and Elizabeth O'Hara of Cushman & Wakefield said: "We expect interest from owner occupiers, in addition to small investors who have €500,000 to €1m to spend and are seeking more attractive yields than those currently being offered by other property sectors and asset classes."

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