Thomas Street four-storey achieves price of €965,000

The four-storey terraced property has retail accommodation at ground floor level and three spacious apartments on the upper floors, one unit per floor

55 Thomas Street, Dublin 8

Colliers International has achieved a sale price of €965,000, some 15 per cent above the guide, for 55 Thomas Street, a high-yielding, mixed-use investment property in Dublin 8.

The sale price equates to a net initial yield of 6.58 per cent after allowing for standard purchaser’s costs of 8.46 per cent, reflecting a capital value per square foot of €342.

The four-storey terraced property has retail accommodation at ground floor level and three ...