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10 Hill Street, Rotunda

Dublin 1

For Sale
Guide Price: €1,250,000
Property Highlights
Residential Investment
10 Apartments
Guide Price of €1,250,000
Property Location

The property is situated on the corner of Hill Street and Grenville Street, Dublin 1. Hill Street runs parallel to Gardiner Street Lower and connects Parnell Street to Temple Street.

The property is well-located with a range of bus routes departing Parnell Street and Parnell Square. The LUAS red and green line connect the property to all corners of the city and the suburbs.

Hill Street is convenient to Universities, Hospitals, restaurants, and cafes, amongst others and convenient to the M1/M50 via the N1.

The property is located 250 metres from O’Connell Street and the wider City Centre is easily accessible.

Property Description

The subject property comprises a three-storey corner property and we are advised the accommodation comprises 1 and 2 bed apartments.

A communal front door to all apartments is located on Hill Street, providing access to each apartment.

Planning

Planning was granted in 1994 (Reference 0587/94) for change of use from licensed premises with residential and office units, to 13 apartments.

Planning was granted however condition no. 4 reduced the number of residential units to 10 no. units and the accommodation was to include 3 no. units on the ground, first and second floor, and 1 no. unit on the third floor.

Lease Terms

Rental Income as per RTB Registrations

The schedule provided below outlines the tenancies as registered with the RTB.

Apt No.

Rent Level when Tenancy Was Registered

Current Tenancy Registration Commencement Date

Flat 1

   

Flat 2

€1,177.00

10/02/2018

Flat 3

€1,050.00

07/06/2019

Flat 4

€1,330.00

01/02/2018

Flat 5

€1,150.00

10/02/2018

Flat 6

€1,022.00

29/04/2018

Flat 7

€1,600.00

03/08/2018

Flat 8

€1,150.00

31/01/2018

Flat 9

€1,302.00

21/03/2021

Flat 10

€1,083.00

29/02/2020

NB: Prospective purchasers should satisfy themselves as to the accuracy of the above information.

Property Status
For Sale
VAT
Refer to selling agent
BER Grade
Documents

QRE Contact

Harry Byrne
Surveyor
Phone: Mobile: 0868556927 Email:
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