RESIDENTIAL INVESTMENT PORTFOLIO

FOR SALE BY PRIVATE TREATY

PENTHOUSE COLLECTION DUNDRUM 16

25 LUXURY PENTHOUSES & APARTMENTS BESIDE AND OPPOSITE

*TENANTS NOT AFFECTED

www.rockfieldapartments.ie

LOCATION

PHOENIX PARK DUBLIN CITY CENTRE

ST. STEPHEN’S DUBLIN PORT GREEN

ST. STEPHENS GREEN 2. UCD

HARCOURT

CHARLEMONT

DART LINE 1

RANELAGH RANELAGH

1. Luas LUAS GREEN LINE

2 ELM PARK

MILLTOWN UCD

M50 N11

TYMON PARK MILLTOWN GOLF COURSE 3. Airfield Estate

CASTLE GOLF CLUB DUNDRUM DUNDRUM 3 MONKSTOWN DUN LAOGHAIRE 4 N81 DUNDRUM 4. Dundrum Town Centre TOWN CENTRE BALLALY

M50 BALALLY PARK GRANGE GOLF CLUB SANDYFORD MARLAY PARK 5

TO AIRPORT M50 N11 5. Sandyford

THE GALLOPS STACKSTOWN GOLF CLUB

• The Rockfield & Riversdale developments • There is direct access to the are superbly located in the heart of providing easy access to the national Dundrum directly beside Balally Luas motorway network. stop and opposite Dundrum Town Centre, • Dundrum is within easy reach of a wealth of Ireland’s largest Shopping Centre with amenities, overlooking the Airfield Heritage almost 140,000 sq.m. of floor space and 169 Urban Farm, close to health clubs, golf tenants. courses and Leopardstown Race Course. • serves Dublin City and South Dublin, linking Rockfield with Dublin city centre in just 15 minutes and Sandyford within 10 minutes. TO TO 4 DUNDRUM VILLAGE GOATSTOWN

5 6

2 3

TO M50

TO SANDYFORD

KEY:

1. ROCKFIELD

2. RIVERSDALE

3. BALALLY LUAS STOP

4. DUNDRUM TOWN CENTRE

5. TESCO

6. RSA INSURANCE

7. VHI SWIFTCARE

8. AIRFIELD ESTATE URBAN FARM OPPOSITE DUNDRUM TOWN CENTRE 9. OVERENDS RESTAURANT 8

9

1 7

GREEN LUAS LINE

BALALLY LUAS STOP IS AIRFIELD WITHIN ROCKFIELD DESCRIPTION

• The Rockfield Penthouse Collection comprises of three units for show purposes. 25 luxury penthouses and apartments. • All of the penthouses and apartments have • This sale includes 18 penthouses, and 7 balconies or terraces. apartments spread out over a number of • All penthouses are Dual Aspect. blocks in Rockfield and Riversdale, Dundrum. • Penthouses have commanding views and barrel • Developed by Gannon Homes between vaulted ceilings. 2001 and 2004 the Rockfield & Riversdale • The apartments are all fully fitted and furnished. Developments were designed by Conroy • Tenants not affected. Crowe Kelly Architects and built by • Strong transport connections with onsite Luas at Pierce Construction. the Balally Luas Stop. • The apartments are all let with the exception • Close to M50 & Sandyford.

VIEWS OVER AIRFIELD ESTATE

VIEWS OVER AIRFIELD ESTATE 1 3 Units N11 3 Unit Units

BALLALY 4 PARK Units AND RIDE

10 ROCKFIELD Units

LUAS STATION DUNDRUM 3 Units RIVERSDALE 1 Unit

VIEWS DUNDRUM TOWN OF CENTRE MOUNTAINS

RSA

SANDYFORD ROAD M50 TESCO PETROL STATION N

SCHEDULE OF ACCOMMODATION

THERE ARE 25 PENTHOUSES AND APARTMENTS SPREAD OVER A NUMBER OF APARTMENT BLOCKS.

BLOCK NAME APT NO. FLOOR LOCATION TYPE * AREA(sq.m.)

25 Penthouse 2 Bed 101.0 26 Penthouse 2 Bed + Study * 114.0 51 Penthouse 2 Bed + Study * 114.6 52 Penthouse 2 Bed + Study * 115.0

THE OAK 70 4th Floor 2 Bed 79.8 77 Penthouse 2 Bed + Study * 107.6 85 1st Floor 2 Bed 72.7 95 4th Floor 2 Bed 78.5 103 Penthouse 2 Bed + Study * 113.8 104 Penthouse 2 Bed 102.0

THE BLACKTHORN 48 Penthouse 2 Bed + Study * 101.7

4 Gr. Floor 2 Bed 69.6

THE LINDEN 25 Penthouse 2 Bed + Study * 100.0 26 Penthouse 2 Bed + Study * 99.0

43 Penthouse 2 Bed + Study * 112.0

THE HOLLY 87 Penthouse 2 Bed + Study * 102.0 88 Penthouse 2 Bed + Study * 116.0

12 2nd Floor 2 Bed 75.3 21 Penthouse 2 Bed + Study * 117.5 THE WILLOW 22 Penthouse 2 Bed 107.3 43 Penthouse 2 Bed + Study * 118.0

10 2nd Floor 2 Bed 70.0

THE ELM 16 3rd Floor 2 Bed 68.9 18 Penthouse 2 Bed 102.0

THE ROWAN 53 Penthouse 2 Bed 101.7

*N.B. Many of the 2 Bed + Study Apartments are laid out and rented as 3 bed apartments SAMPLE FLOOR PLAN LAYOUTS (Not to Scale)

ALL FLOOR PLANS AVAILABLE IN DATA ROOM

Living EnSuite Room

Balcony

Bedroom 1

HP

Study

Kitchen / Dining Balcony

Hall

Bathroom

Bedroom 2

88 THE HOLLY, ROCKFIELD 2 BED + STUDY PENTHOUSE c.116 sq.m

EnSuite

HP HP Kitchen / Dining Bedroom 1

Hall

Bathroom Bedroom 2

Living Room

Balcony Balcony

18 THE ELM, ROCKFIELD 2 BED PENTHOUSE c.102 sq.m

Balcony Bedroom 1 Bedroom 2

EnSuite

Living Room Hall

HP

Lift Bathroom

Kitchen / Dining

12 THE WILLOW, ROCKFIELD 2 BED APARTMENT c.75 sq.m

INVESTMENT SUMMARY

• A rare opportunity to buy a portfolio of • The Dundrum rental market is performing luxury 25 penthouses and apartments. extremely strongly with demand outstripping • 18 Penthouse Apartments and 7 No. 2 supply. The apartments are in high demand, bedroom apartments. due to the Balally Luas Stop at Rockfield, • All let on short term residential agreements, the Dundrum Town Centre just across the all tenancies registered with the RTB road, access to the City Centre and large (tenants not affected). employment in Sandyford and Leopardstown. • 22 of the 25 units are currently generating • Opportunity to refurbish units and increase a rent of €460,032 per annum increasing letting/sale value. to approx €535,600 when the three show units are re-let.

18x Penthouses 7x Apartments

12 X NO. 2 BED + STUDY 7 X NO. 2 BED APARTMENTS 6 X NO. 2 BED Average Current Rent | €1,867 p.m. Average Current Rent | €1,400 p.m.

GUIDE PRICE VIEW FROM PENTHOUSE VIEW FROM PENTHOUSE

€7,700,000

AVERAGE UNIT PRICE

Penthouses @ €330,000

2 Bed Apartments @ €250,000

PROJECTED INCOME INVESTMENT YIELD CURRENT INCOME

€535,632 p.a. 6.7% €460,032 p.a. WITH ALL 25 UNITS RENTED NET OF ACQ. COSTS Excl. 3 no. VACANT SHOW UNITS FURTHER INFORMATION

WEBSITE AND DATA ROOM SITE SOLICITORS www.rockfieldapartments.ie Smith Foy & Partners 59 Fitzwilliam Square PRICE Dublin 2 D02TX46 Offers are sought in excess of €7,700,000 Ireland refelecting an initial gross yield of 6.7% +353 (0) 1 676 0531 (net of acquisition cost). [email protected] FLOOR PLANS Available on Data Room site ON THE INSTRUCTIONS OF

BER The BER’s for the 25 units range from B2 to D1. Individual BER details are available on Data Room site.

SOLE AGENTS

VIEWINGS Viewings by prior appointment Contact Iain Finnegan or Glenn Burrell on 01 614 7900 Email: [email protected]

17 Merrion Row, Dublin 2, D02EP94, Ireland | 01 614 7900 | www.finneganmenton.ie | PSRA: 001954

PARTICULARS TO BE NOTED: Finnegan Menton for themselves and for the vendors or lessors of this property whose agents they are, give notice that: 1. In the event of any conflict between the particulars and the contract or conditions of sale, the contract or the conditions of the sale shall prevail. 2. All descriptions, dimensions references to conditions and any necessary permission 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. 3. The particulars are set out as general guidance for the intending purchaser or lessor and do not constitute, nor constitute part of an offer or contracts. 4. No person in the employment of Finnegan Menton has any au- thority to make or give any representation or warranty whatever in relation to the property. Ordnance Survey Ireland Licence No. AU0000411. Subject to Contract / Contract Denied. PSR Licence No. 001954.