Lot 5754679, 3 Prussia Street, Stoneybatter, Dublin 7, D07AE3F

Sale Type: For Sale by Private Treaty
Overall Floor Area: 330 m² This is an excellent opportunity for an investor or owner occupier/ business operator to acquire a rent to go investment with a consistent current projected market rent of €89,136 per annum. Completely rebuilt to a high standard in 2006 (planning reference 0306/03) the property extends to 330m2. The building consists of two duplex apartments, a three bedroom and a two bedroom and a large commercial unit with full planning permission (planning ref 2796/10) and fire certificate for restaurant use.

The building enjoys a prominent position on Prussia Street at the junction with Manor Street and beside the pedestrian access to Technology University Dublin, alongside a number of other cafes and food outlets. The restaurant is laid out with kitchen, staff, toilet and seating areas and while currently vacant after the landlord requested a return of the lease, it had been rented continually at €2,500 per month.

The three-bedroom duplex has been rented on a consistent basis since 2006 but has been left vacant for viewing purposes. The previous rent was €2,590 per month. The rent has not been revised for a number of years and the current maximum permissible/ market rent is €2,796 per month. The apartment is laid out with open plan kitchen/ dining/ sitting room, separate washroom and storage, a roof garden with accessible from the second floor and three large double bedrooms. The property also has solar panels installed and a BER rating of B2.

The two-bedroom duplex is arranged with open plan, kitchen/dining/sitting room, two double bedrooms and a very large private roof garden and is currently rented at €1,950 per month. The rent has not been revised for a number of years and the maximum permissible revised market rent is €2,132 per month.

Common areas and fire escape and bin stores complete the residential elements of the building.