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56 Rathmines Road Dublin 6, D06 H393


Price
€2,250,000

Type
Residential Only Investment Portfolio

Status
For Sale

BEDROOMS
13

BATHROOMS
1
Description

56 Lower Rathmines Road comprises a substantial Pre '63 property currently arranged as a 13-unit residential investment in the heart of Rathmines.
The accommodation extends over basement, ground, first and second floor levels and is configured as:
• 8 studio apartments
• 5 one-bedroom apartments

Each unit is self-contained with kitchen and bathroom facilities. The property has historically generated approximately €170,000 per annum and is offered for sale with vacant possession. Number 56 Lower Rathmines Road is an excellent opportunity for anyone looking for a rental generating property.
The scale, proportions and traditional layout of the building offer considerable scope going forward. With investment and subject to the necessary planning considerations, the property could be reinstated as a substantial and elegant period family home. Alternatively, it could lend itself to a part private residence / part income-producing arrangement, offering a range of lifestyle and investment possibilities.
The versatility of this property presents a rare opportunity in such a prime Dublin 6 setting.

Location
Lower Rathmines Road is positioned in the centre of Rathmines Village, one of Dublin's most vibrant and established residential locations. The area offers an excellent range of cafés, restaurants, shops, supermarkets and leisure facilities.
Dublin City Centre is within comfortable walking distance, and the area is exceptionally well served by numerous Dublin Bus routes, with LUAS stops at Ranelagh and Charlemont close by. The location continues to experience strong and consistent rental and owner-occupier demand. Young's Estate Agents look forward to showing you around this exceptional property.

Features
  • 13 self-contained units (8 studios 5 one-beds)
  • Approx. €170 000 per annum historic rental income
  • Sold with vacant possession
  • Extends over four levels
  • Significant refurbishment and reconfiguration potential
  • Prime Dublin 6 address
  • Fire Certified
Accommodation


Note:
Please note 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.


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