42 Dorset Street Upper, Dublin 1

Investment For Sale - € 750 000

345 sq.m

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).

BER Rating

Property Location

Address: 42 Dorset Street Upper, Northside, Dublin, Ireland

Area: Dublin 1 Postal Area: Dublin 1 County: Co. Dublin Eir Code: D01 R9C4

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Patrick O’Dwyer

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