Saturday December 7, 2019

Penthouse offices for €3.45m in heart of Dublin city

The Capel Building is fully let and pulls in over €255,000 a year

1st December, 2019
The Capel Building on Mary‘s Abbey.

Investors on the hunt for stylish penthouse offices in Dublin city centre might be interested in a modern office investment at 501-506 The Capel Building on Mary's Abbey in Dublin 7. The selling agent, Colliers International, is guiding €3.45 million for the fifth-floor offices.

The guide price, which equates to a net initial yield of 6.74 per cent, after allowing for standard purchaser’s costs of 9.96 per cent.

An incoming purchaser can immediately increase the rent...

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