Auction
Favourite icon active Favourite icon inactive

5 & 7 Drumcondra Road Lower, Drumcondra, Dublin 9, D09 PN24

  • Auction
  • Ireland
  • Multi-Family
  • Commercial

Guide Price €1,350,000

Bidder Security €10,000 *fully refundable if unsuccessful bidder
Auction Date 22 October
Bidding Opens 10:30 (GMT+1)
Bidding Closes To be Confirmed

Property Viewings

Viewings have not yet been scheduled for this property.
Book Viewing

Property Summary

  • A multi-unit residential investment opportunity.
  • Comprising 2 x Pre-63 mid terrace properties with 11 x one bedroom units in total.
  • Ranging in size from approximately 18.27 sq. m (196 sq. ft) - 32.35 sq. m (344 sq. ft).
  • Highly sought after location within walking distance of the Mater Hospital and Croke Park.
  • Situated 200 metres from Drumcondra train station. 
  • Large easterly facing rear gardens.
  • 8 x units are occupied and generating a passing rent of €76,860 per annum.
  • Gross Yield of 5.69% with vacant possession of 3 x units.

Contact Us

Ian McCarthy
Ian McCarthy
Property Agent, here to help.
Dario Di Murro
Vendor's Solicitor

Contact Us

Ian McCarthy
Ian McCarthy
Property Agent, here to help.
Dario Di Murro
Vendor's Solicitor

Downloads

Property description

The properties are both arranged over the ground, first and second floors to provide 2 x mid-terrace Pre-63 properties. Internally, the properties are arranged to comprise 6 x units in No. 5 and 5 x units in No. 7.  

 Ideally located within walking distance of both Drumcondra and Fairview villages, the property enjoys access to a wide range of retail, dining, leisure and community amenities.

The location benefits from excellent connectivity, with numerous Dublin Bus routes providing convenient access to Dublin city centre, while Drumcondra Train Station, situated approximately 200 metres away, of services to Maynooth, M3 Parkway, Sligo/Longford and other commuter destinations. 

Accommodation

The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:

  • Eleven bedroom accommodation.

Additional Details

No. 5  Drumcondra Road Lower

Apt No. AccommodationOccupancy 
11 Bedroom   Vacant
21 Bedroom   €11,400 p.a.
31 Bedroom   €11,400 p.a.
41 Bedroom   €6,720 p.a.
51 Bedroom   €11,400 p.a.
61 Bedroom€8,460 p.a.
 Total €49,380 p.a.

 

No. 7  Drumcondra Road Lower

Apt No. AccommodationOccupancy 
11 Bedroom   Vacant
21 Bedroom   €11,400 p.a.
31 BedroomVacant
41 Bedroom   €9,600 p.a.
51 Bedroom€6,480 p.a.
 Total €27,480 p.a.

 

All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.

VAT

Please refer to Legal Documents

BER Rating

F - G

BER Identification Number

Available from BidX1. 

Energy Performance Indicator

393.51 kWh/m2/yr -  946.82 kWh/m2/yr

Helpful links

*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor. BidX1 is a trading name of BidX1 Ireland Limited. PSRA Registration Number 001652.

days hours minutes second seconds Bidding Closed