Terenure is an affluent south Dublin suburb. The area is situated to the west of Rathgar, and north of Templeogue, approximately 5.2km south of Dublin City Centre. Transport to the City Centre is provided by R137 and R114, together with several bus routes. The M50 Motorway is situated approximately 4.3km to the south west. The property is situated in a prominent roadside location on the southern side of Whitehall Road close to the roundabout with Templeville Road in a predominately residential neighbourhood. Surrounding occupiers include The Pines Public House, Lok Moon and Charles Hair Studio.
Property Description• Mixed Use Investment • Two storey end of terrace building extending to approximately 184.88 Sq.m. (1,990 Sq.ft.) • Comprising two ground floor retail units and a two bedroom apartment overhead • Multi-let with 100% occupancy • Tenants include McGuirk Beggan Property, J.B. Egan and Son Butchers with ancillary income by way of advertising hoarding • Fully let producing €39,900 per annum • Future development potential s.p.p. • Net initial yield 10.19%
Property Size/Area184.88 Sq.m. (1,990 Sq.ft.)
ZoningThe property is zoned Objective LC under the South Dublin County Council Development Plan 2010-2016: “To protect, provide for and/or improve Local Centre facilities.” Permitted uses include: Residential, Offices, Retail and Restaurant.
TitleFreehold
VATVAT is applicable on the sale by way of Transfer of Business
BER Rating
800487316 - D1 - G
Energy Performance Indicator713.98
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01 6375552
Mobile:087 3374933
Email:brian.kelly@qre.ie
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