Flat 1, 30 Summerhill Parade, Dublin 1
Flat 1, 30 Summerhill Parade, Dublin 1
Price
€700,000
Type
Terrace House
Status
For Auction
BEDROOMS
6
BATHROOMS
5
Size
214 sq. m
BER
Description
***INVESTMENT OPPORTUNITY / 5 FLATS / PRIME CITY CENTRE LOCATION / STRONG 11% YIELD***
Exceptional Residential Investment Opportunity Period Property Over Four Floors
For sale by Kelly Bradshaw Dalton via the iamsold Bidding Platform.
Please note this property will be offered for sale by online auction (unless sold prior). For auction date and time, please visit the iamsold website. Vendors may consider pre-auction offers,therefore early registration of interest is strongly advised.
Situated at 30 Summerhill Parade, North City Centre, Dublin 1 this impressive four-storey period property presents a rare opportunity to acquire a substantial residential investment in one of Dublins most established and centrally located rental districts.
The property extends to approximately 214 sq.m. and comprises five self-contained flats arranged over four floors, including:
3 x One-Bedroom Flats
2 x Two-Bedroom Flats
The property was previously fully tenanted and produced a substantial annual rental income of approximately 75,888, demonstrating the strong income potential and long-term investment value of this exceptional asset. If one wants to further invest in the property, there is potential to achieve a higher yield.
Ideally positioned in the heart of Dublin city, No. 30 enjoys an unbeatable location just moments from Croke Park and The Mater Hospital, while also being within comfortable walking distance of the city centre and the International Financial Services Centre (IFSC).
The convenience of this location cannot be overstated, with every conceivable amenity nearby including shops, cafs, restaurants, colleges, medical facilities, and recreational amenities.
The area is exceptionally well serviced by public transport, with numerous Dublin Bus routes, LUAS access, nearby Connolly Station, DART services, and excellent connectivity to the M1 and M50 motorways.
This is an outstanding opportunity for investors seeking a high-yielding, city-centre residential asset in a strong rental location with consistent tenant demand.
Auctioneers Comments: This property is offered for sale by online auction (unless sold prior) so please contact us early to avoid disappointment. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.
Features
INVESTMENT OPPORTUNITY
5 SELF FLATS
CITY CENTRE LOCATION
YIELD 11%
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