Monday 24 June 2019

Prime residential investment in Sandymount guiding at €3m

An aerial view of the Radcliff Hall scheme in Sandymount, Dublin 4
An aerial view of the Radcliff Hall scheme in Sandymount, Dublin 4
Ronald Quinlan

Ronald Quinlan

Agent Kelly Walsh is seeking offers in excess of €3m for a prime residential investment opportunity in Sandymount, Dublin 4.

The Radcliff Hall portfolio comprises a mix of six townhouse and apartment units. The average unit size measures 91 sq m (980 sq ft) across the six properties with a current passing rent of €94,800 per annum, with one vacant unit with significant opportunity to increase based on current market rents.

The selling agent believes the estimated rental value to be at €204,000.

The six subject properties are dispersed across the development and include three three-bed townhouses located within one self-contained block, one detached unit and two large three-bed apartments, both with lift access.

Developed by Jackson Developments and completed in the mid-nineties, Radcliff Hall is a gated development located on the tree-lined St John's Road linking Sandymount Strand to Sandymount Village, with the historic Martello Tower at one end and Saint John the Evangelist Church at the opposite end.

St John's Road is a strong rental location within a short commute to both Grand Canal Dock and the city centre.

Radcliff Hall is located within a short walk of Sydney Parade Dart station, while two bus stops located directly outside the development are served by numerous Dublin Bus routes.

A mix of secure surface and basement car parking is available within the scheme itself.

Indo Business

Also in Business