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.

21st September, 2014
Rosemount Shopping Centre, D14, is anchored by SuperValu.

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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