95A Dundaniel Road, Coolock
Dublin 5
Sold
Guide Price €1,000,000
Property Highlights
- Standalone Residential Investment
- Comprising 6 apartments (3 x 1 beds & 3 x 2 beds)
- 8 surface car parking spaces
- Lease rent approx. €37,200 p.a. with vacant possession of 3 units
- Guide price equates to approx. €166,000 per unit
- Significant reversionary potential through refurbishment leasing of vacant units
Property Location
95A Dundaniel Road is located in Coolock, Dublin 5. Coolock is a large residential suburb of Dublin City. Surrounding neighbourhoods include Beaumont to the South, Santry to the West, Artane to the East and Clonshaugh to the North.
The subject property is located on the junction of Dundaniel Road and Coolock Lane, approximately 850m to the east of Junction 2 of the M50.
There are several local amenities nearby including DCU, Beaumont Hospital, local parks, primary and secondary schools, sporting clubs, with shopping facilities at Artane Place, Northside and OMNI Park Shopping Centre which features a large Lidl supermarket and Marks and Spencer’s Food Hall.
The area is also well serviced by a choice of bus routes.
Property Description
The subject property comprises a 3-storey, standalone block of apartments. The façade of the property is a mix of brick and render.
Each of the vacant apartments are unfurnished, save for the kitchens which are fitted, and each apartment has a balcony/terrace.
There is a private car park for residents to the front of the property, which provides parking for approx. 8 cars.
There are 3 x 1 beds and 3 x 2 beds. The property is currently 50% occupied providing an incoming investor with the opportunity to significantly increase the rental income.
Lease Terms
| Apt No. | Floor | No. of Beds | Lease Rent (Per Annum) | Status |
| 1 | Ground | 2 | - | Vacant |
| 2 | Ground | 1 | - | Vacant |
| 3 | 1st | 2 | €13,200 | Occupied |
| 4 | 1st | 1 | €12,000 | Occupied |
| 5 | 2nd | 2 | €12,000 | Occupied |
| 6 | 2nd | 1 | Vacant | |
| Total | €37,200 |
*NB: Prospective purchasers should satisfy themselves as to the accuracy of the above information.
Property Status
SoldBER Details
Property Location
Documents
QRE Contact
Jonathan Donnelly
Surveyor
Jonathan joined QRE in 2021, after graduating from Technological University Dublin with a BSc (Hons)... View More
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