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Three-floor office suite in Sandyford for sale for over €1m

written by QRE Admin  /  17 Apr 2019

QRE is seeking more than €1 million for an own-door office suite at The Mall at Beacon Court in Sandyford, Dublin 18.

Suite 34 extends to 300sq m (3,230sq ft) over three floors and also comes with four underground car-parking spaces and a roof terrace.

It is being sold with vacant possession and was recently refurbished to include floor- to-ceiling glazing, open-plan and cellular office space, and a new air-conditioning system.

Based on recent lettings, Suite 34 could expect to rent for about €85,000 a year which would reflect a net initial yield of 7.9 per cent.

Given the quality of the asset it’s likely to appeal to owner-occupiers or pension investors.

 

Justin Comiskey - Irish Times

17th April 2019  -https://www.irishtimes.com/business/commercial-property/three-floor-office-suite-in-sandyford-for-sale-for-over-1m-1.3853399?localLinksEnabled=false