60 Merrion Road, Ballsbridge, Dublin 4
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60 Merrion Road, Ballsbridge, Dublin 4. For Sale by Private Treaty Period Property With Potential For A Variety Of Uses Investment Opportunity (Tenant Not Affected) DNG Advisory Division 30 Leeson Park, Ranelagh, Dublin 6 DESCRIPTION Period property with potential for a variety of uses (subject to planning) – 60 Merrion Road, Ballsbridge, Dublin 4. Located in the heart of Dublin 4 on this highly sought after road. No. 60 benefits from one of Dublin’s most popular and convenient locations with an excellent choice of amenities within walking distance, including The Royal Dublin Society (RDS), St. Vincent’s Hospital, RTE Campus, UCD Belfield, Merrion Shopping Centre and Elm Park Golf & Sports Club. Many of the city’s principle schools are close by including St. Michael’s College, St Conlath’s, Muckross Park and St. Teresian’s School, Donnybrook. Ballsbridge is a long established and affluent suburb, situated about 1.5km south east of Dublin City Centre. Local transport links are plentiful with numerous Dublin Bus routes along Merrion Road, serving the city centre and suburbs. The location also offers convenience to the N11. Lansdowne Road and Sydney Parade DART Stations are within easy reach with Dublin Airport a mere 25 minutes’ drive via the Port Tunnel. Many of Dublin’s commercial centres such as the IFSC and South Docks IT hub are located close by. The property comprises a three storey semi-detached period building which is currently laid out to provide office accommodation over three floors, extending to a net internal area of approximately c. 191 square metres NIA. The property also includes five parking spaces which are located to the front of the building. The property offers potential owners a variety of uses including residential use, Embassy, office use or guest house (subject to planning permission). This is an excellent opportunity for the astute investor or owner occupier to acquire this superb property in this popular location where future capital appreciation is very likely. Demand and limited availability in the area are contributing to strong capital and rental growth. FEATURES • Superb central location close to numerous amenities including The RDS, The InterContinental Hotel, the villages of Donnybrook and Ballsbridge. • Short stroll to DART at Sydney Parade or minutes’ walk to buses along The Merrion Road. • The property offers many alternative uses (subject to planning permission). • Currently in office use with a 10 year lease in place with Cuala Senior Care Limited, which commenced in 2010 for a fixed period of 10 years. • Passing rent of c. X32,280 per annum with an outstanding rent review & ERV of X67,000 • Significant opportunity for long term capital growth. GUIDE PRICE €1,100,000 BER C3 800048126 VIEWING STRICTLY BY PRIOR APPOINTMENT Contact: Gareth Noone Mark Gallagher +353 1 491 2675 [email protected] +353 1 491 2640 [email protected] Messrs. DNG for themselves and for the vendors or lessors of the property whose Agents they are, give notice that: (i) The particulars are set out as a general outline for the guidance of intending purchasers or lessees, and do not constitute part of, an offer or contract. (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person in the employment of Messrs. DNG has any authority to make or give representation or warranty whatever in relation to this development..