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Two central Dublin properties offer solid investment prospects

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59A Inchicore Road in Dublin 8 has six studio apartments

59A Inchicore Road in Dublin 8 has six studio apartments

59A Inchicore Road in Dublin 8 has six studio apartments

Two Dublin properties with investment income and potential have been brought to the market this week by DNG.

The more valuable of them is 59A Inchicore Road, Dublin 8 which has a €1.2m guide price. Extending to 202sqm, this two-storey over garden basement level Georgian premises comprises an entrance hall/lobby areas and six vacant studio apartments.

It is situated only 200m from Kilmainham Gaol museum, 1.5km from the Guinness Storehouse, and is also convenient to the offices and hospitals around Heuston Station.

The second property, No 1 Saint David’s Terrace, Blackhorse Avenue, North Circular Road, Dublin 1, combines a four-bedroom duplex residence over a retail shop unit.

Selling agent Vincent Mullen of DNG is quoting a €425,000 guide price.

Accommodation includes a 61sqm ground-floor shop with store room, bathroom, and office facilities. It is currently let on a 25-year FRI lease with five-year reviews which commenced in April 2012. Its next review is due in March 2023. Current annual rental income for the newsagent is €15,900.

Situated in the residential catchment area of North Circular Road, Stoneybatter, the Phoenix Park and close to Cabra, Phibsboro, and Smithfield Village, the shop can benefit from passing trade.

The self-contained duplex extends to 57sqm and has its own entrance. One of its four bedrooms is ensuite and it also provides an entrance hallway, a stylish kitchen/living room, and a main bathroom.

There are also a number of schools close by.

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