Offers above €4.5m sought for thriving local shopping centre in Rathfarnham
Bannon is seeking offers in excess of €4.5 million for Rosemount Shopping Centre.
Commercial agent Bannon is seeking offers in excess of €4.5 million for Rosemount Shopping Centre, a thriving local neighbourhood centre located in the established residential area of Rathfarnham in Dublin 14. The asking price reflects an initial yield in excess of 8 per cent after standard acquisition costs of 4.46 per cent are deducted.
The rent roll for the centre is €362,483 per annum with a strong history of rental payment. It has a weighted average unexpired lease...
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