Thursday June 4, 2020

Bedsit business a boost to urban renewal

Pre-63 properties are attracting major investors – and their refurbishment is bringing neglected city centre properties back to life

17th February, 2019
40 Synge Street: upgrade has helped increase annual rental income to €74,568

One of the unspoken benefits of rising rents in Dublin has been the upgrading of pre-63 or multi-tenanted bedsit properties as well as the return of upper floors of retail properties to residential accommodation. In the last 12 months, some investors who had bought these properties after the crash have been selling them on at attractive profits and reinvesting in refurbishment of similar properties. (The term pre-63 is used to describe a property that was...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 5 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago