Commercial Property

Mixed-use investment in Stoneybatter offers 9.3% yield for €575,000

No 26 Parkgate Street has a restaurant on the ground floor and a three-bed apartment on the upper floors

26 Parkgate Street, Dublin 7, which is within walking distance of the Phoenix Park. Picture: Holstphoto

A mixed-use investment comprising retail and overhead accommodation in Dublin 7 is for sale through DNG’s commercial arm, the guide price of €575,000 offering a gross initial yield (GIY) of 9.34 per cent.

The building at 26 Parkgate Street in Stoneybatter is being marketed as a high return investment opportunity and is for sale by private treaty.

No 26 is a three-storey mid-terrace property with a restaurant on the ground floor and a three-bedroom apartment ...