Penthouse offices for €3.45m in heart of Dublin city
The Capel Building is fully let and pulls in over €255,000 a year
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...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Fine Grain Property brings seasoned expert to board
Lionel Alexander has nearly a decade of executive experience with the IDA and third-level facilities, after over 30 years with HP in Ireland and Singapore
Transaction volumes remain steady for licensed premises
The pub sector has remained resilient in the last year with deals worth €30 million taking place in Dublin alone
Dublin faces increased competition as a leading hub for data centres
Ireland’s leadership position in Europe as data centre location is due to its highly competitive pricing and scale of the companies operating here, says report