For Sale – 28 & 29 Merrion Square & Self Contained Mews at Holles Place
POA For Sale 1,159.00 sqm approxCushman & Wakefield & HWBC are delighted to present, 28 & 29 Merrion Square & Self Contained Mews at Holles Place This is an excellent opportunity to acquire two prestigious mid terrace period buildings in one of Dublin’s most famed locations overlooking Merrion Square
No 28 Merrion Square comprises a 4-storey over basement, mid-terrace Georgian providing approximately 569 sqm (6,120 sq. ft) net internal area with access to the rear car park also. The building is predominantly multi occupied (office use) with the added benefit of a large 2 no. bedroom apartment on the third floor.
No 29 Merrion Square is comprising a four-storey over basement, mid-terrace Georgian property of approximately 443 sqm (4,768 sq. ft) net internal area. The building shares a car park to the rear with No 28 which provides secure parking with up to 12 no. spaces. The property underwent a high-quality restoration in 2018 and presents in excellent condition whilst maintaining many of its original Georgian features.
Holles Place Mews to the rear is accessed off Holles Place and comprises a self-contained, two storey mews of approximately 147 sqm (1,582 sq. ft) net internal area with 2 parking space located in the front yard.
Tenants include Irish Exporters Association, Tasc, Psycotheraphy Dublin, Residential Tenant & Downey Planning generating a passing rent of €302,000 per annum.
The guide price of €4,500,000 reflects a Net Initial Yield of 6.10% after allowing for standard purchaser’s costs.