Woodbine House, Stillorgan Road, Donnybrook, Dublin 4€24,000,000 For Sale
Cushman & Wakefield are delighted to present, Woodbine House, an excellent Multi Unit Residential opportunity to acquire 43 vacant possession apartments and town houses in a prime residential location in Dublin 4.
Woodbine House is superbly located in the established and highly sought-after residential neighbourhood of Donnybrook
Adjacent to Dublin City Centre, Ballsbridge and the Dublin Docklands, the development is within easy reach of Dublin’s prime employment hubs alongside Irelands largest university, University College Dublin (UCD)
Built in 2002, Woodbine House consists of 8 no. terraced town houses and one apartment block comprising 35 no. apartments ( 2 x one bedroom apartments. 31 x two bedroom apartments and 2 x three bedroom apartments) within 2 no. common area cores spread over 5 floors with terraced garden areas.
There is a basement carpark on-site which is accessed via the site entrance off the Stillorgan Road comprising 57 car parking spaces.
Woodbine House is being sold with the benefit of Vacant Possession to give investors an opportunity to maximise the assets full potential, perform internal upgrades to the apartments and town houses in order to achieve market rent of €1.47 million.
The guide price of €24 million represents an estimated 6.13% gross yield / 4.83% net yield based on a projected income of €1.47 million.