PSRA Licence No: 001411
165 Drumcondra Road Lower, Drumcondra, Dublin 9
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Between 9am and 5.30pm

73 Cabra Park (Investment Property), Phibsboro, Dublin 7

Sold

End of Terrace House EXEMPT


Description

***Due to COVID 19 restrictions, viewing is by appointment only. Please contact our office directly to book a viewing slot for the time advertised. Access will only be given to those who have booked in advance.***

The Leinster Property Auction in partnership with Kelly Bradshaw Dalton

Offers at bids over €390,000

Development opportunity in ideal location close to New Town Plaza

We are delighted to bring to the market this “Builders Dream” Residential Investment Property.

This is an ideal opportunity for any investor looking to place their own stamp on an investment of this nature.

It appears that works had commenced and were stopped mid cycle. At present the property is stripped back to its core and is ready for complete refurbishment. Being in need of total refurbishment means that the property is not restricted by current rental caps.

Planning permission (0894/02) was granted on 05th July 2002 to convert the then existing 7 x Bed Sitters into 3 one bedroom flats.

The rental potential for a property in this location, as a fully finished product, should return a min annual income of c.€54,000 PA.

The planning permission read:
Construction of rear two story extension to existing three storey dwelling currently in 7 no. flats, to include new windows to existing gable elevation, modification to internal lay-out to form 3 no. self contained 1 bedroom apartments at No. 73 Cabra Park, Dublin 7.

Features

Multi Unit Investment Property
Refurbishment Opportunity to imput ones own stamp
Outside the rent Control Cap
Superb Location
Corner Site

BER Details

BER: Exempt

Accommodation

Planning permission (0894/02) was granted on 05th July 2002 to convert the then existing 7 x Bed Sitters into 3 one bedroom flats.
The rental potential for a property in this location, as a fully finished product, should return a min annual income of c.€54,000 PA.

Directions

Driving into Phibsboro on the Navan Road, continue towards St. Peter's Church and at the church turn left on to St. Peter's Road. Take the 1st left into Cabra Park and take the next left. No 73 will be located on the right hand corner.

Viewing Details

Due to the nature and the condition of the subject property, viewings will be carried out by appointment.