Commercial Property

Keen interest expected in sale of Northbrook Clinic in Ranelagh

Medical and dental practice building guiding €5 million and will provide its new owner with a net return of 6 per cent after standard acquisition costs of 9.96 per cent

The Northbrook Clinic, an imposing Gothic revival style building on Northbrook Road in Ranelagh, is on the market for €5 million

Joint agents Knight Frank and North’s are expecting there to be robust demand from private investors for the investment sale of one of south Dublin city centre’s best known medical practices, the Northbrook Clinic in Ranelagh in Dublin 6.

Fully let and producing a rent of some €330,000 per annum, the price tag of €5 million will provide its new owner with a net return of 6 per cent after standard acquisition costs of 9.96 ...