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Newtown House
Eaton Brae
Orwell Road, Rathgar
Dublin 14
D14 VN50
Description
This property is a very well-located residential refurbishment /redevelopment opportunity (SPP) situated off the Orwell Road, in a sought-after area of Rathgar. Considering Dublin’s growing population and the existing lack of residential supply, demand for well-located and quality rental product is currently very high.
Key attributes:
• Excellent opportunity to acquire 8 apartment units situated in one block.
• Accommodation comprises 2 one bedroom apartments and 6 two bedroom apartments.
• Significantly under rented with the 5 occupied units producing an annual passing rent of €18,540 per annum.
• Full ownership available.
• Site area of approximately 0.1 ha (0.25 acre).
• Located close to a host of local amenities, both retail and leisure.
*Best and Final Bids are due on the property no later than 12noon on Wednesday 6th November 2024*
Please contact the Sherry FitzGerald Commercial team for more information or to arrange an inspection.
BER: D1 – G
BER Information
BER Number: 117732958
Energy Performance Indicator: 245.2 kWh/m²/yr
About the Area
Rathgar is a largely residential suburb lying about 3 kilometres south of Dublin's city centre. It boasts an abundance of amenities, schools, nursing homes, sports facilities, and good public transport to the city centre. Housing largely comprises red-brick late Georgian and Victorian era terraces, and much of the area lies within an architectural conservation zone. Rathgar maintains a village feel and has a delicatessen, 2 butchers, a bike shop and a wine shop within 20 yards of the main cross. There is also Rathgar Pharmacy, Rathgar Hair Studio and a number of fashion and interior boutiques.
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