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Trinity Point 10/11 Leinster Street South Dublin 2

POA For Sale
  • Trinity Point provides an exciting opportunity to acquire a prime office building, offering exceptional income security in the form of the Irish government and also with genuine reversionary potential.
  • Guide price: €57 million, reflecting a net initial yield of 4.14% (assuming vendor rental underwrite and standard purchaser’s costs of 9.96%).
  • Super prime location in the centre of Dublin’s CBD fronting onto South Leinster Street and adjacent to Government Buildings
  • Extending to approximately 4,060 sq m (43,696 sq ft), with 20 basement car parking spaces.
  • Designed with an emphasis on sustainability, wellbeing and efficiency in mind, it offers mixed mode ventilation system making it highly efficient from an energy cost perspective.
  • The OPW occupy approximately 60% of the building under two FRI leases expiring in March 2032.
  • A key strategic location for the OPW with the property housing a number of Government departments and associated Government Ministers.
  • The investment offers a number of asset enhancement initiatives to potentially drive income returns and value through leasing the vacant 1st and 2nd floors and improving upon the buildings already impressive sustainability credentials.
  • Further information available on the marketing website trinitypointdublin.com

 

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