U Cafe, 30 James’S Street, Kilmainham, Dublin 8
U Cafe, 30 James’S Street, Kilmainham, Dublin 8
Price
€2,300,000
Type
Terrace House
Status
For Sale
BEDROOMS
11
BATHROOMS
11
Size
630 sq. m
BER
Description
Investment Opportunity 30, 31 & 32 James Street, Dublin 8
A superb opportunity to acquire a substantial mixed-use investment portfolio in a prime city location, comprising three adjoining properties with a total of 13 units. The scheme includes 11 residential apartments and 2 established commercial units, all fully let and generating a strong existing income, with significant scope for future growth.
Property Overview
Nos. 30, 31 and 32 James Street extend to approximately 690 sq.m. and are presented in good condition throughout. The portfolio benefits from a diverse mix of residential and commercial accommodation, offering both income security and reversionary potential.
11 Residential Units (mix of 1-bed and 2-bed apartments)
2 Commercial Units (caf and salon operators)
Rear yard with substantial development potential
Income Profile
Current Passing Rent: 143,724 per annum
Estimated Market Rent: 292,800 per annum
The properties are currently under-rented, presenting a clear opportunity for rental uplift over time. With forthcoming regulatory changes, there is potential to align rents with prevailing market levels subject to tenancy changes.
Accommodation Summary
30 James Street (c. 350 sq.m.)
Purpose-built investment property comprising a ground floor caf and four residential units above (2 x two-bed and 2 x one-bed apartments). The building is well maintained and professionally managed. A valuable rear yard currently generates income and offers further development potential.
31 James Street (c. 200 sq.m.)
A Pre-63 property arranged over five self-contained one-bedroom apartments. The building offers significant scope for enhancement, with potential to improve BER ratings and unlock higher rental levels.
32 James Street (c. 140 sq.m.)
Comprising two spacious two-bedroom apartments and a ground floor retail unit in use as a salon. The commercial unit is well established, providing stable income.
Ideally positioned on James Street in the heart of Dublin 8, the properties benefit from excellent connectivity and a wealth of nearby amenities. The area is highly sought after by renters due to its proximity to St. Jamess Hospital, as well as its easy access to Dublin City Centre. Public transport is exceptional, with the Luas Red Line located on the doorstep.
Investment Highlights
Fully let mixed-use portfolio
Strong existing income with significant reversionary potential
Prime city location with excellent transport links
Asset management and value-add opportunities
Development potential to the rear
This is a rare opportunity to acquire a well-located, income-producing portfolio with substantial upside in one of Dublins most vibrant and evolving districts.
Disclaimer:
The above particulars are issued by Herbert and 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.
Features
- Fully let mixed use portfolio
- Strong existing income
- Significant reversionary potential
- Prime city centre location
Kilmainham Neighbourhood Guide
Explore other properties and sales history in Kilmainham.