108 Sundrive Road, Crumlin, Dublin 12
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108 Sundrive Road, Crumlin, Dublin 12
Type
End Of Terrace House
Status
Sold
BEDROOMS
3
BATHROOMS
3
Size
202 sq.m.
BER
EPI: 405.96 kWh/m2/yr
Description
108 Sundrive Road is a well-maintained building comprising of three flats and a ground floor retail unit totalling approx. 202 square meters, all fully let and generating an annual income of 67,150.
This is a mixed use Commercial & Residential premises on Sundrive Road close to Kimmage & Crumlin, overlooking Eamonn Casement Park, and is convenient for public transport and the City Centre.
The ground floor retail unit of c.75 has a well-established tenant in place (operating a car sales company). The tenant is on a long term lease (c.10 years remaining) with an annual income derived of 12,000.00.
Additionally, on the gable wall of the building there is a billboard advertising site which currently produces 3,250.00 per annum in rental income.
The 3 Residential units are accessed via a separate entrance at the side of the building and are situated on the first and second floors overlooking Eamonn Ceannt Park and comprise of one studio, a 1 bedroom flat, and one 2 bedroom flat.
Below is the current income being generated:
Address Type Rent PA Tenancy Start Date
Flat 1 2 bed 22,500.00 30/10/2020
Flat 2 1 bed 15,600.00 23/05/2022
Flat 3 Studio 13,800.00 29/11/2021
Commercial Unit Retail 12,000.00 1998. Due for Rent Review.
Billboard 3,250.00
Total Income 67,150.00
Price 750,000.00
The property offers a secure and attractive investment opportunity with a high yield and low vacancy rate. The property has been well maintained by the current owner and requires minimal management.
Disclaimer:
The above particulars are issued by Herbert & Lansdowne on the understanding that all negotiations are conducted through them. Please note that we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.