CHAPLAINS ROWLAGH I I 22

SIGNIFICANT REVERSIONARY RESIDENTIAL INVESTMENT INVESTMENT CONSIDERATIONS CHAPLAINS • 32 large 3 and 4 bedroom apartments, duplexes and town house units comprising a total of approx. 36,500 sq ft • 20 own door units comprised in a standalone block ROWLAGH I CLONDALKIN I DUBLIN 22 • Established residential location adjacent to neighbourhood amenities including Supervalu and within walking distance of Shopping Centre • Well connected location with bus routes along the Neilstown Road and less than 1km from the M50 motorway • 100% occupied producing a gross income of €494,664 per annum which equates to an average rent of €1,288. • Recent lettings in the scheme have achieved rents of €2,000 per month after a substantial refurbishment was carried out • Offering significant reversionary potential CHAPLAINS ROWLAGH I CLONDALKIN I DUBLIN 22

Dun Na Si M2 Ardrums

Swords 5 2 Rathrone M1 LOCATION 2 Kilcloon M3 DUBLIN N2 AIRPORT Dunboyne Enfield 1 M4 4 4 3 Park West & Cherry Orchard railway station is 1.6km 4 M50 Chaplains, Rowlagh is situated in Clondalkin, 5 N32 Johnstown Dublin 22 which is an established residential and from the property with the Red Cow Park and Ride Bridge N3 Ongar Santry 2 Moyglare Hall 3 commercial centre approximately 9km west of ( ) located further south approximately 2 Beaumont Sutton Dublin City Centre. The development is accessed 5.4km from the development. There are numerous Maynooth Kilshanroe 6 N2 M50 via Neilstown Road. bus routes at the nearby stop which is within walking Port Tunnel Clontarf Drumcondra distance. The adjacent M50 motorway provides access Fanagh M50 7 N3 N1 M4 Leixlip N2 Clondalkin is a popular residential location due to to all main national roads to and from Dublin. 6 5 Lucan 3 7 its accessibility to and from Dublin, as well as the 4a 2 1 N4 N4 4 DUBLIN extensive local amenities and leisure facilities on offer. There are a number of large employers in the immediate Backweston The Greenhill N4 N1 Docklands Derrinturn area with Cloverhill & Wheatfield prisons and Cherry Celbridge Adamstown

Rathco ey Adamstown N81 Clondalkin is a popular residential location for those Orchard Hospital close by. Railway Station Staplestown Clondalkin /Fonthill looking for excellent transport links to the city and Railway Station Crumlin RanelaghN11 Clondalkin beyond. There is also a host of neighbourhood facilities Notable private employers include Allianz, Applegreen, 1 Donnybrook CHAPLAINS 9 Stra an N7 on the doorstep with Liffey Valley Shopping Centre and C&C and Diageo who reside in the nearby Park West Milltown 10 Retail Park approximately 1km to the north. Business Campus along with all major retailers in Liffey N81 Castledillon 2 Belgard M50 N31 The Cott Valley Shopping Centre and Retail Park. Churchtown 3 Blackwood Clane Blackrock Dun 11 N11 Ardclough Dundrum Laoghaire Allenwood N81 N7 N81 Ratfarnham Citywest 12 N31 Robertstown 13 14 M50 N11

N7 15 Kilmeage Clonagh

Cherrywood Allen 16 Carragh M11

17

Naas

5

Milltown Manor M50 Kilbride

M7 Ballinagee

Blessington Mullacash M7 M7

Maddenstown M9 Ballymore Eustace Ballysax CHAPLAINS ASSET INSIGHT ROWLAGH I CLONDALKIN I DUBLIN 22

Chaplain’s, Rowlagh is a high-quality residential scheme originally constructed in 2007. The scheme is laid out across three blocks, Chaplain’s Court, Chaplain’s Place and Chaplain’s Terrace. The scheme comprises 32 residential units including nine 3-bedroom apartments, sixteen 3-bedroom duplexes, five 3-bedroom townhouses and two 4-bedroom townhouses. The large unit’s range in size from 833 sq ft to 1,587 sq ft providing generous living space throughout the scheme.

Chaplain’s is currently 100% occupied producing a gross income of €494,664 per annum which equates to an average rent of €1,288 per month. Recent substantially refurbished 3 bedroom units in the scheme are achieving €2,000 per month which equates to an overall ERV of €768,000.

INCOME ANALYSIS

€1,288 €171 €494,664 €768,000 per month capital value current gross current gross average per sq ft passing rent per ERV per annum passing rent annum

Unit Type No. of Units Average Unit Size Average Unit Rent 3 Bed 30 1,116 sq ft €1,287 4 Bed 2 1,517 sq ft €1,300 CHAPLAINS ROWLAGH I CLONDALKIN I DUBLIN 22

FURTHER INFORMATION

BER SELLING AGENTS

Savills Ireland 33 Molesworth Street, TITLE Dublin 2, Ireland

We understand the property is held in freehold and long leasehold.

VIEWINGS

Viewings are strictly by appointment through Savills, the sole selling agents. www.savills.ie

GUIDE PRICE Steven Cronin +353 (0)1 618 1429 €6,250,000 which reflects a gross initial [email protected] yield of 7.58% Darragh Doyle The property is available in one or more +353 (0)1 618 1341 lots however the preference is for a [email protected] single lot sale. Dessie Kilkenny +353 (0)1 618 1401 [email protected]

The agents and the Vendor/Lessor give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers, Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them. Neither Savills nor any of their employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither Savills nor any of their employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/lessees or any third party arising from the particulars or information contained in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction. All maps produced by permission of the Ordnance Survey Ireland Licence No AU 001799 © Government of Ireland. Designed and produced by Creativeworld. Tel +44 [0] 1282 858200