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Connaught House, Dublin 4

POA For Sale 10,795.00 sqm approx


  • Fully leased prime office block backed by strong covenants, boasting short-term asset management potential.
  • Strategically located in one of Dublin’s leading office locations.
  • High quality landmark building extending to 116,191 sq ft (10,795 sq m) 1 of Grade A office accommodation.
  • Combined rent roll of €7.14M per annum, secured by an excellent tenant line-up including Macquarie Aviation Capital, Alkermes and Biohaven.
  • Optimal floor plate configuration with typical 5,200 sq ft – 10,500 sq ft floor plates, in line with peak active demand.
  • Excellent connectivity with the Luas, DART and Dublin Bus all situated within close proximity.
  • Proven and robust rental tone with average passing rent of approximately €58 per sq ft (€624.30 sq m) (excluding cars).
  • Offers numerous asset management opportunities including the execution of a sustainability pathway to achieve a BER B1 rating with minimal disruption to tenants and additional route to BER of A3, with likely facade works required.
  • Two-level basement car park with 86 car parking spaces, providing an excellent car parking ratio of 1:1351 sq ft (1:125 sq m).
  • Freehold equivalent title.
  • Guide price: Excess €80m (subject to contract and exclusive of VAT) reflecting a net initial yield of 8.11%, assuming standard purchaser costs of 9.96%.

Ber Rating

BER Exempt


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