| Beds | |
| Price | €7,000,000 |
| Property Type | Investment Property |
| Size | 0 meters2 |
| Energy Rating | BER- |
| Refreshed on | Oct 17, 2024 |
| Eircode | |
| Group Name | Savills Commercial Investments |
| Sales License Number | 002233 |
Description
Newmount House offers a unique opportunity to acquire an office investment with strong redevelopment potential in Dublin's CBD. It is a five-storey office building comprising a lower ground floor and five upper floors. The subject property retains its red brick mock Georgian façade giving it a prominent position on Mount Street in Dublin 2's Georgian Core. Newmount House is currently multi-tenanted in a strong occupier location. It provides for 17 surface level car parking spaces on a wider site that offers strong redevelopment potential.
Features
Five storey office building extending to 18,178 sq ft (NIA)
Multi-tenanted investment
Rental income of 637,919 p.a. equating to 32.91 psf
WAULT of circa 1.12 years
17 secure surface level car spaces
Located in Dublin's CBD
Excellent connectivity - 7 minute walk from Grand Canal Dart Station
Strong redevelopment potential
Directions
Grand Canal DART Station is a 7-minute walk to the east, offering rail connectivity between North and South Dublin. Dawson Street Luas Stop is less than a 15-minute walk, offering light rail connectivity between North, South and West Dublin. There is a Dublin Bus stop located outside the property with multiple bus routes across the city.
Negotiator
Seán Ryan McCaffrey
Date created: Oct 17, 2024