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293 Kimmage Road Lower, Terenure, Dublin 6W

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293 Kimmage Road Lower, Terenure, Dublin 6W 293 Kimmage Road Lower, Terenure, Dublin 6W Residential Investment Opportunity Eight Apartments for sale in one lot on the Kimmage Road Lower, Terenure, Dublin 6W. DESCRIPTION ‘Clonallen’ is a period house converted into two residential apartments comprising 1 X 3 bed flat and 1 X 2 bed flat. The Investment also comprises a modern property (developed c. 2000) and comprises a two storey residential block (comprising 6 X 1 bed apartments constructed to a high standard. Clonallen is currently held as a residential investment. Kimmage is a predominately residential suburb located on the south side of Dublin, and is surrounded by the villages of Terenure, Crumlin, Harold’s Cross, Rathfarnham and Templeogue. The major Kimmage landmark is the KCR (Kimmage Cross Roads), the location of a petrol station and a convenience shop built in the 1960s. The crossroads are considered to denote the southern boundary with Terenure, intersecting Terenure Road West, Kimmage Road West, Fortfield Road and the Lower Kimmage Road. Clonallen is superbly positioned fronting onto the Lower Kimmage Road, Terenure, in close proximity to Terenure Village. The location provides a host of amenities which include schools (Terenure Primary, Gael Scoil, Clareville Road, Terenure and Templeogue Colleges and Our Ladies Secondary School) shops (Tesco Express), churches (Mount Argus), bars and a pharmacy all located within walking distance of the development. Terenure Village has a number of gourmet restaurants and cafes to choose from. Excellent leisure facilities can be found close by in Bushy Park. Clonallen is in close proximity to a number of GAA, golf clubs, and rugby clubs. Lower Kimmage road is conveniently serviced by Dublin Bus routes 9, 15, 15A, 17, 54A and 83. The M50 is 4.2km from Clonallen and from is only 6.2km from Grafton Street in Dublin City Centre. This is an excellent opportunity for the astute investor to acquire a fully vacant and popular residential location where future capital appreciation is very likely. Demand and limited availability of rental accommodation in the area are contributing to strong capital and rental growth. FEATURES • Eight number apartments available in one, two or three lots (6 units in modern purpose built development and 2 units in converted house). • Currently generating a passing rent of €115,000 per annum. • Potential for rental growth of 4% PA under the new legislation. • Potential to add additional units (subject to planning permission). There is also potential to re-covert the original house back into a single dwelling or family home. The house contains many original period features. • Established, mature residential area with strong demand from owner occupiers and investors. BER DETAILS BER Rating: C2 - D1 BER Numbers: Individual numbers available from selling agents. GUIDE PRICE: €1,400,000 FOR FURTHER INFORMATION AND VIEWING DETAILS, PLEASE CONTACT: Gareth Noone Eddie Moran +353 1 491 2675 [email protected] +353 1 491 2654 [email protected] DNG Advisory Division 01 4912675 Messrs. Douglas Newman Good 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 represen tations 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. Douglas Newman Good has any authority to make or give representation or warranty whatever in relation to this development. PSL No. 002049.
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