Description
Features
BER Details
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Beds | |
Price | Sale Agreed |
Property Type | Investment Property |
Size | 209 meters2 |
Energy Rating | BER-E2 |
Refreshed on | |
Eircode | D04 VA09 |
Group Name | Owen Reilly |
Sales License Number | 002370 |
Description
Owen Reilly present this superb investment/redevelopment opportunity on the corner of South Lotts Road and Gordon Street in the heart of Dublin 4 close to Ballsbridge, Beggar's Bush, Google HQ and Grand Canal Dock with huge passing traffic and footfall. The entire corner will be sold with vacant possession and currently comprises two commercial units, two residential units and six car spaces. Full planning was recently granted to convert units 22a & 24a and five of the car spaces into a cafe/restaurant, convert 101 Gordon Street back to an own door two bedroom townhouse with patio and convert the first floor of 24 South Lotts Road into a two bedroom apartment (DCC planning permission number 4418/22). The site is zoned Z2; To protect and or improve the amenities of residential conservation areas but given the existing commercial use the redevelopment potential could include a shop, surgery, business enterprise for a self employed person etc. subject to planning. The existing use or planning permission will produce strong investment income for an builder/investor following refurbishment. Unit breakdown: 22a South Lotts Road is a 12 sq. m. own door commercial unit currently let as a hair salon. 24a South Lotts Road is a 53 sq. m. commercial unit with a dual aspect on the corner of Gordon Street and South Lotts Road in good condition. Last let as a beauty salon. Full planning permission in place for a 60 sq. m. cafe/restaurant with large outdoor seating area. 24 South Lotts Road is a 125 sq. m. residential unit on two floors. The ground floor comprises hall, features kitchen, bathroom and a patio. Upstairs there is three bedrooms, living room and another bathroom. 101 Gordon Street is a 28 sq. m., split level, one bedroom flat street level entrance. Comprises hall, living space with kitchen, bedroom and bathroom. More about the location... Hugely sought after location in the heart of Dublin 4 in Ringsend, one of Dublin’s most fashionable and vibrant neighbourhoods. A host of amenities are on offer including The Chop House, The Old Spot, Ringsend Park and the Aviva stadium to name a few. Ballsbridge, Grand Canal Dock and Sandymount are all within walking distance while the DART at Grand Canal provides easy access to the city centre and beyond. A host of major employers including AirBnb, Google, Meta, JP Morgan and HSBC are also close by. The city centre is within walking distance.
Features
Great investment/redevelopment opportunity Prime corner site in Dublin 4. Huge passing footfall. Currently comprises two commercial units and two residential units. Six car spaces. Full planning permission to convert to a cafe/restaurant, house and apartment. Mixed use development opportunity. Potential for a number of uses. Will produce strong rental income for an investor following refurbishment.
BER Details
BER: E2 BER No.116129297
Date created: Feb 21, 2023