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
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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