Modern office investment with sitting tenants on sale for €10.75 million

Northwood House in Santry, Dublin 9 comprises a modern five-storey over basement office building providing 24 office suites

12th September, 2021
Modern office investment with sitting tenants on sale for €10.75 million
Northwood House in Santry, Dublin 9: the property benefits from 93 per cent occupancy, with an estimated rental income of €950,000 per annum upon letting of the two vacant suites, representing a yield in excess 8 per cent

QRE Real Estate Advisers has been appointed to handle the sale of Northwood House, a modern office investment comprising 24 suites in Northwood Campus, Santry, Dublin 9 for which the agent is quoting a guide price of €10.75 million.

The tenant mix includes Enercon, Shell, Mazda, Bluestone Motor Finance, Amdipharm Mercury, Quest Diagnostics, Celtic Anglian Water and the Gaelic Players Association, among others.

The property comprises a modern five-storey over basement, third-generation office building providing 24 office...

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