42 Dorset Street Upper, Dublin 1
Investment Sale Agreed - € 750 000
Property Description
HJ Byrne O’Dwyer English Auctioneers present to the market this great value ready to walk in to modern investment property. This substantial mixed use property, consisting of offices at Street and lower street level, and overhead 4 apartments including penthouse apartment. Total Floor Area of 345 m2/ 3712 Sq. Ft. Current rent roll of € 61,000 annum with excellent reversionary potential. The sale comprises office premises on two levels with 47m2 at ground level with 62m2 basement, currently in use as a religious meeting hall. This offices has great street frontage, kitchen, separate staff toilets and rear car parking for 4 cars. This freehold premises was constructed in 1983. The offices are in a modern layout consisting of 2 open plan office spaces, a smaller front office. The upper floors consist of 4 well-kept 1/2 bed apartments c 60 sq.m each with penthouse c 47 sq.m plus balcony overlooking Dublin city as far as the Dublin Mountains. All 4 apartments are subject to standard residential tenancies and is centrally located at the busy junction of Dorset St Lower It is in the heart of North Dublin city and approx. 700m from O'Connell Street and near numerous hotels and student accommodation developments. There is substantial foot-traffic throughout the day with numerous hospitals and offices, and in the evening with Dorset St being a major artery out of the city to the suburbs of Drumcondra, Beaumont and North Dublin.
BER Rating: D1 Built: 1983 Buildings floor area; c.345 Sq. M/ 3712 Sq. Ft Title: Freehold
Services: Phase Electricity – mains water - sewerage – phone & broadband points Rates: c. €3,250
Heating: Electric storage heaters in office area and electric convector system in apartments
Offices (c.108 Sq. M/ 1,166 Sq. Ft)
Large window front with prominent signage overhead for advertisement purposes, glass panel front door
Street Level: Reception area : glass panel studded partition divide to large spacious offices, suspended ceiling with fluorescent lighting, timber flooring
Basement Level : stairs from street level offices and rear car park
Accommodation (5.38m x 7.20m ) + (c.3.48m x 5.83m) + (c.1.80m x 1.48m)
Large Offices currently used as meeting hall, tiled floor, suspended ceiling with fluorescent lighting, door to rear porch and steps to car park, separate ladies & gents toilets.
Residential apartments
Apartment 1 First floor c. 60 Sq. M/ 645 Sq. Ft BER E2
Stairs leading to external porch with open storage press, timber floor, door to hallway with press & hotpress, timber floor
Kitchen/ Diningroom : (c.2.25m x 4.90m)
Modern fully fitted kitchen with kitchen appliances, including hob & oven, Indesit washing machine
Sittingroom utilised as Bedroom 1 : (c.2.01m x 5.60m) Double dimensions, timber floor
Bedroom 2 : (c.3.00m x 4.44m)Double dimensions, timber floor, built in wardrobes
Bathroom : (c.1.32m x 2.25m) White tub, toilet & wash hand basin, tiled walls, tiled floors, main shower, wall heater, all rooms with electric convector heaters
Apartment 2 Second Floor c. 60 Sq. M/ 645 Sq. Ft BER C3
Stairs leading to porch with open storage press, timber floor, door to hallway with press & hotpress, timber floor
Kitchen/ Diningroom : (c.2.25m x 4.90m)
Modern fully fitted kitchen with kitchen appliances, including hob & oven, washing machine, fridge freezer, extractor hood, timber flooring
Sittingroom utilised as Bedroom 1 : (c.2.01m x 5.60m) Double dimensions, timber floor
Bedroom 2 : (c.3.00m x 4.44m) Double dimensions, timber floor, built in wardrobes, utilised as sitting room
Bathroom : (c.1.32m x 2.25m) Tub, toilet & coloured wash hand basin, tiled walls, tiled floors, main shower, wall heater, all rooms with electric convector heaters
Apartment 3 Third Floor c. 60 Sq. M/ 645 Sq. Ft BER D2
Stairs leading to porch with open storage press, timber floor
Kitchen/ Diningroom : (c.2.25m x 4.90m) Modern fully fitted kitchen with kitchen appliances, including hob & oven, washing machine, fridge freezer, extractor hood, timber flooring
Sittingroom utilised as Bedroom 1 : (c.2.01m x 5.60m) Double dimensions, timber floor
Bedroom 2 : (c.3.00m x 4.44m) Double dimensions, timber floor, built in wardrobes
Bathroom : (c.1.32m x 2.25m) Tub, toilet & coloured wash hand basin, tiled walls, tiled floors, main shower, wall heater, all rooms with electric convector heaters
Apartment 4 Top floor /Penthouse c. 56 Sq. M/ 602 Sq. Ft BER E2
Stairs leading to porch with open storage press, timber floor
Kitchen/ Diningroom : (c.2.36m x 4.83m) Modern fully fitted kitchen with kitchen appliances, including hob & oven, washing machine, fridge freezer, extractor hood, timber flooring
Sittingroom utilised as Bedroom 1 : (c.2.84m x 3.95m) Double dimensions, timber floor, door to balcony
Bedroom 2 : (c.2.91m x 2.83m) Large single dimensions, timber floor, recessed wardrobe space with shelving, pvc double glazed windows & door to balcony
Bathroom : (c.1.35m x 2.25m) Tub, toilet & coloured wash hand basin, tiled walls, tiled floors, main shower, wall heater, all rooms with electric convector heaters
Features
• Modern Building c.37 years old
• Modern offices on two levels
• Excellent street frontage
• 4 spacious apartments in well-kept condition with excellent tenants.
• Enclosed car parking at rear c. 4 cars
• City centre location
• Currently achieving a good rent with increases due
• Close to Mater Hospital, bus routes, Phibsboro,
DIT Grangegorman, new LUAS Cross City and all conveniences.
• Beautiful clean investment property
• Planning Permission. Ground floor and lower ground floor unit has planning permission for offices ( originally retail) and overhead apartments has planning permission for one bed apartments
( sittingroom utilised as second bedroom).
Property Location
Address: 42 Dorset Street Upper, Northside, Dublin, Ireland
Area: Dublin 1 Postal Area: Dublin 1 County: Co. Dublin Eir Code: D01 R9C4