108 Sundrive Road, Crumlin, Dublin 12
108 Sundrive Road, Crumlin, Dublin 12
Type
Commercial
Status
Sale Agreed
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.