Excellent multi-family investment opportunity in Dublin city. 28 Apartments for sale at DUBLIN DOCKLANDS

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1 Excellent multi-family investment opportunity in Dublin city 28 Apartments for sale at DUBLIN DOCKLANDS

2 Investment Summary Multi-family investment opportunity 28 MODERN apartments for sale in one single lot Current rent of E437,100 per annum An ERV of E592,200 per annum north docklands Development within close proximity of the 3Arena, National Convention Centre and the Red Luas Line 40 parking spaces

3 location Castleforbes Square is located in Dublin s north Docklands approx. 100 m from the Gibson Hotel and the 3Arena. The National Convention Centre and New Central Bank are approx. 500 m to the west. The property is very well connected with the Point Luas stop situated on Mayor Street Upper approx. 200 m from the subject property. Connolly and Tara Street DART stations are both within approx. 1.5 km from the development. Dublin Docklands is one of the finest urban regeneration projects in Europe. The project started 25 years ago with the development of the IFSC and the area of approx. 1,300 acres has developed into a vibrant office and residential quarter with over 40,000 employees and 20,000 residents. 200 m The Point Luas Line Station 500 m Docklands Train Station to city centre busaras georges dock mayor square spencer dock the point 1.5 km Connolly Train Station

4 tenancy schedule The residential units are occupied on standard residential tenancies. The apartments are effectively fully let with the exception of one unit which is available for viewing purposes. The current monthly rent averages E1,080 for the one-bedroom units, E1,300 for the two-bedroom units and E1,610 for the three-bedroom units. However, recent rents achieved in the vicinity average E1,350 for the one-bedroom units, E1,800 for the two-bedroom units and E2,100 for the threebedroom units. Once fully let at current market levels, the total income from the 28 residential units would be in the region of E592,200 per annum. the property description The development comprises 28 apartments within blocks, A, B,C and E comprising of 9 one-bedroom units, 9 two-bedroom units and 10 three-bedroom units. The overall scheme comprises of 311 apartments in five individual blocks which vary from seven to nine storeys laid out around a central courtyard. There are 40 car parking spaces at basement level with an electronic security gate providing access onto street level at Castleforbes Square. external Pivotal location in the north Docklands 40 underground car spaces Gated vehicle access via Castleforbes Square Lifts access to all floors including underground car park internal Spacious and well designed apartments Open plan living rooms/kitchens Double glazed windows Fully furnished apartments Apt. No. Block Level Accommodation Type Sq M Sq Ft Monthly Rent Annual Rent Monthly ERV Annual ERV 57 A 4 1 Bed ,025 12,300 1,350 16, C 4 1 Bed ,000 12,000 1,350 16, E GF 1 Bed ,050 12,600 1,350 16, E 2 1 Bed Vacant Vacant 1,350 16, E 3 1 Bed ,150 13,800 1,350 16, E 3 1 Bed ,350 16,200 1,350 16, E 4 1 Bed ,050 12,600 1,350 16, E 4 1 Bed ,000 12,000 1,350 16, E 5 1 Bed ,000 12,000 1,350 16, A 5 2 Bed (1 ensuite) ,200 14,400 1,800 21,600 26B A 6 2 Bed (1 ensuite) ,500 18,000 1,800 21, A 4 2 Bed ,250 15,000 1,800 21, A 5 2 Bed ,250 15,000 1,800 21, B 5 2 Bed (1 ensuite) ,200 14,400 1,800 21, E 4 2 Bed ,250 15,000 1,800 21, E 5 2 Bed ,200 14,400 1,800 21, E 6 2 Bed ,600 19,200 1,800 21, E 3 2 Bed (1 ensuite) ,300 15,600 1,800 21, E 3 3 Bed (1 ensuite) ,550 18,600 2,100 25,200 26A A 6 & 7 3 Bed (1 ensuite) 149 1,604 1,550 18,600 2,100 25, A 5 3 Bed (1 ensuite) ,044 1,550 18,600 2,100 25, B 6 3 Bed (1 ensuite) 95 1,023 2,000 24,000 2,100 25, B 7 3 Bed (1 ensuite) 95 1,023 1,500 18,000 2,100 25, B 8 3 Bed (1 ensuite) 95 1,023 1,600 19,200 2,100 25, B 9 3 Bed (1 ensuite) 95 1,023 1,500 18,000 2,100 25, C 6 3 Bed (1 ensuite) ,066 1,550 18,600 2,100 25, C 7 3 Bed (1 ensuite) ,012 1,500 18,000 2,100 25, E 5 3 Bed (1 ensuite) ,049 1,750 21,000 2,100 25,200 Gross Annual Rent 437,100 49, ,200

5 DOMINICK ST L S T R E E T ST. D O R ORMOND QY UPR VIN ST PARNELL SQ P A R N AUNGIER STREET STH GT GEORGES ST E L L S WELLINGTON QY T M A R Y S T H E N R Y S T A B B E Y S T R E E T D A M E S T R E E T STEPHEN ST EDERICK ST WICKLOW ST DRURY ST YORK STREET CUFFE ST BACHELORS WALK EDEN QUAY ASTON QY BURGH QY STH WILLIAM ST T GEORGES ST TEMPLE BAR W E S T R E E O C O N N E L L STREET 36 STH. KING S S O U T MARLBOROUGH GRAFTON ST TALBOT STREET D A W S O N S T STREET D OLIER ST FLEET ST COLLEGE ST E T LOWER GARDINER STREET P E A R S E S T R E E T TRINITY COLLEGE NASSAU STREET N O R T H MERRION ROW L O W E Local Amenities and Businesses STH. FREDERICK ST A S T S U MOLESWORTH ST ST. STEPHEN S GREEN TARA ST SEAN MAC DERMOTT STREET K I L D A R E S T 9 C U S T O M G E O R G E S T O W N S E N S T R E E T UPR MERRION ST ST Busaras S O U T H AMIENS ST F E N I A N S T N O R T H C I T Y Q U A Y P E A R S E STREET SEVILLE PLACE LOWER MOUNT ST UPPER MOUNT S H E R R I F F S T R E E T S T R E E T G R A N D C A N A L S T C H U R C H O U S E Q U A Y N O R T H W A L L Q U A Y QUAY IFSC MERRION SQUARE CONNOLLY HAN O V ER S T 12 6 E A S T R O A D R I V E R L I F F E Y S I R J O H N R O G E R S O N S Q U A Y E A ST DOCKLANDS L N O Convention Centre G R A N D C A N A L Q U A Y CASTLEFORBES 5 H A N O V E R Q U A Y Grand Canal Dock R I N G S E N D 32 GRAND CANAL 34 A D 4 S 3 SQUARE Castleforbes Road, Dublin 1 S O U T H L O T T S R D R O A D SHELBOURNE GREYHOUND STADIUM EAST LINK TOLL BRIDGE EAST WALL ROAD B A T H A V E N U E ALEXAND Y O R K R O A D I R I S H T O W N R O A D B A T H Not to scale. For illustrative purposes only Point Village 2. 3 Arena 3. Project Wave 4. Central Bank of Ireland 5. PWC 6. AIG 7. A&L Goodbody 8. Citi 9. Susquehanna 10. JP Morgan 11. KPMG 12. The Spencer Hotel 13. Jurys Hotel 14. The Maldron Hotel 15. Trinity College 16. Ulster Bank 17. Grant Thornton 18. Bloomberg 19. Twitter 20. Facebook 21. TripAdvisor 22. The Marker Hotel 23. Bord Gáis Energy Theatre 24. Capita 25. Willam Fry 26. HSBC 27. Accenture 28. Matheson 29. State Street 30. Bank of Ireland 31. NAMA 32. Mason Hayes & Curran 33. Airbnb 34. Google 35. National College of Ireland 36. CHQ Viewings Strictly by appointment through selling agents Hooke & MacDonald. Title We understand that the property is held on individual long leasehold title. BER Information Individual BER numbers are available on request. Solicitors Cathal N. Young O Reilly & Co. 1-2 Lower Leeson Street, Dublin 2. Website & Data site Selling Agents 118 Lower Baggot Street, Dublin PSRA Licence No Contact: Enda Moore endam@hookemacdonald.ie Gavin Hanlon gavin@hookemacdonald.ie Conor Steen conors@hookemacdonald.ie PROPERTY MISREPRESENTATION ACT The Agents and the Vendors give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers, Leassees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them. Hooke & MacDonald nor any of their employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and or Hooke & MacDonald nor any of their employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/lessees or any third party arising from the particulars or information contained in this brochure. design conradjones.com