Applewood Drynam
COLLECTION
For Sale in One Lot by Private Treaty (Tenants not Affected)
Two High Yielding Suburban Mixed Use Investment Opportunities Applewood Drynam & Applewood
Drynam Investment Summary
› The collection is being sold in one lot and in total COLLECTION comprises, 15 retail units, 5 café/restaurant/ takeaway units, 2 medical practices, 13 office suites, a public house/office-licence, a crèche, an ATM, 1x one bed apartment, 5x two bed apartments, 1x three bed apartment and 2x three/four bed houses
› 46 separate units extending to approx. 6,011 sq.m in total
› The collection is 73% occupied with a commercial WAULT of approx. 9 years
› Passing contracted income is approx. €705,000 per annum with significant potential to drive increased rent revenue through letting of vacant units and further refurbishment/asset management
› Applewood current contracted income is approximately €582,855 per annum A rare opportunity to › Drynam contracted income is approximately €122,156 per annum
purchase two income › Sale includes some 140 car parking spaces that also producing commercial have the potential to generate further future income › The locations offer strong transport links to Dublin village/neighbourhood Airport and Dublin City Centre with a growing centres in Swords and population and catchment › Guiding Excess €6,750,000 exclusive reflecting a Kinsealy, two heavily net initial yield of approximately 9.63% assuming standard purchaser’s costs of 8.46% (€104.39 populated and growing per sq.ft) North Dublin suburbs. 04 A ourne