Investment opportunity by the Liffey for €3.5m

Murphy Mulhall, on behalf of Duff & Phelps, is seeking in excess of €3.5 million for the Grattan Bridge Portfolio, an attractive four-storey over-basement office complex and adjoining Georgian building overlooking the river Liffey in Dublin 1. The la

1st February, 2015
Investment opportunity by the Liffey for €3.5m
1-3 Ormond Quay, known as Grattan Bridge House, Dublin 1

The portfolio is for sale by private treaty and comprises three lots, which can be purchased individually or as an entirety.

Lot 1 comprises 1-3 Ormond Quay, known as Grattan Bridge House. The four-storey over basement building spans about 1,610 square metres, and is let to OpenJaw Technologies on a ten-year lease from April 29, 2013. There is a single, tenant-only break after year five, and the passing rent is unquestionably under-rented at €180,400 per...

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