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Units 1-7 Schoolhouse Court, Santry, Dublin 9

€1,600,000 - Asking Price For Sale 453 sqm approx

BER C1C2 Rating

Description

 

•Unique student accommodation investment opportunity located close to Dublin City University (DCU)

•Comprises 7 student accommodation units; six 3-bedroom apartments and one 3-bedroom apartment with a twin bedroom

•100% occupied with current rent receivable of €178,500 pa

•Guide Price of €1,600,000 equating to a net initial yield of 10.68%

•Tenants not affected

BER Information

  • Rating: BER C1C2
  • Certificates are available from the agent.

Similar Properties

Units 1-7 Schoolhouse Court, Schoolhouse Lane, Santry, Dublin 9

€1,600,000 - AMV|

Schoolhouse Court is a purpose-built student accommodation complex comprising approximately 50 units located to the rear of The Swiss Cottage Public House approximately 1.8km north of DCU.

The subject units comprise units 1-7 which provide six 3-bedroom apartments and one 3-bedroom apartment with a twin bedroom. The units are in Block A (the entire) and Block B with storage, office and laundry facilities also located on the ground floor of Block A. The units are fully let with a total gross rent of €178,500 pa.

Apt 1 - 72.1 sq m (776 sq ft)

BER C2 Rating
No 11, North King Street, Dublin 7

Price on Application - For Sale|47 sqm approx

Retail/investment opportunity the subject property is situated on North King Street in a mixed use commercial and residential area.  The area provides easy access to DIT Bolton Street, Jervis Street Shopping Centre and the Rotunda, Matter and Temple Street Hospitals, which are all within walking distance.  The subject property enjoys good transport links, the Luas line and several Dublin bus routes are in close proximity. The property is within 2km of Dublin City centre and benefits from several amenities including numerous shops, cafes, bars and restaurants.The subject property is a mid-terraced property providing for ground floor only, currently used as an Indian takeaway. The property is of traditional brick construction under a pitched slate roof. The retail accommodation is accessed from North King Street and benefits from a wood framed shop front. Internal specifications include a mix of plastered and painted and tiled walls and incorporates tiled floors under strip fluorescent lighting. The property benefits from a retail counter area to the front with customer seating. Kitchen, storage areas and staff toilets are located to the rear. The unit is currently occupied by an Indian takeaway t/a Mirch Masala, with a lease term of 4 years commencing 21 November 2015 paying a contracted rent of €7,200 per annum. (Tenant not affected)

BER C2 Rating