- 218 sq.m. / 2347 sq.ft.
Superb Investment Opportunity in the heart of Dublin 6.
Superb Victorian House in Prime Location between Rathmines and Ranelagh
8 Pre-63 Apartments all individually certified & metered
Annual Income of approx. €82,000 with room for growth in 2019 and thereafter
The property has under gone a lot of upgrades and renovation in recent years and will be present to the market in turn key condition
Ideal Investment Opportunity
Adjacent a range of services and amenities
3 One Bedroom Apartments and 5 Studio Apartments
On View by Appointment
O’Connor Estate Agents are delighted to be bringing to the market 28 Castlewood Avenue located on one of Dublin’s most beautiful Victorian streetscapes and beside Rathmines village and the newly re-vamped Swan Centre.
The Property represents a fantastic Investment Opportunity with a superb yield across its fully let 8 Pre 63 apartments. The House is two storey over garden level and configured into 3 One bedroom apartments and 5 Studio apartments. All of the apartments are self-contained and individually metered and certified. The Property is in turn-key condition after undergoing improvement works over the recent years.
The House has been very well maintained over the years and still retains many of its period features including ceiling roses and ornate coving. The accommodation extending to approx. 218 sq.m. (2,347 sq.ft.) provides two studio apartments and a one bedroom apartment at Upper Ground Floor and Garden Level, the First Floor also contains two studio apartments and a one bedroom apartment while the ground floor contains a studio and an own door entrance one bedroom apartment. Each apartment comes equipped with a kitchenette complete electric cooking facilities, washing and a separate fully tiled bathroom with electric shower, WC & WHB. Laundry facilities are provided for in a rear garden shed.
Currently generating an income of approx. €82,000 per annum there is also the potential to increase this income over the short and medium term.
Upper Ground Floor – Main Entrance
Main Entrance Hall: c. 11.27m x 1.86m with carpets, high ceilings (3.3m) and period features including ceiling rose and ornate coving.
Apt No.4: Studio Apartment c. 4.7m x 4.1m with carpets and tiling and Shower Room.
Apt No.5: Studio Apartment c. 4.7m x 4.1m with carpets and tiling in Kitchen area with separate Shower Room (c. 2.7m x 1.3m)
Apt No. 6 (Garden Level): One bedroom Apartment Living Room/Kitchen: c. 4.95m x 2.7m with raised kitchen area and carpets in living room. Bedroom: c. 3.05m x 2.72m with carpets and wardrobe Shower Room: c. 2.32m x 0.8m with shower, wc & whb and fully tiled
First Floor (return)
Apt No. 3: Studio Apartment c. 5.02m x 2.7m with carpets and tiling in Kitchen area with separate Shower Room (c. 2.6m x 1.05m)
Apt No. 1: One Bedroom Apartment Living Room/Kitchen: c. 4.7m x 2.64m with tiled kitchen area and carpets in living room. Bedroom: c. 3.43m x 3.1m with carpets Shower Room: c. 1.89m x 1.5m fully tiled with shower, wc & whb
Apt No. 2: Studio Apartment c. 4.7m x 4.1m with carpets and tiling and separate Shower Room.
Garden Level / Lower Ground Floor
Apt No. 7: Own Door Entrance One Bedroom Apartment Living Room/Kitchen: c. 4.4m x 3.04m with kitchen area, carpets in living room and storage room. Bedroom: c. 2.9m x 2.77m with carpets Shower Room: c. 1.92m x 1.33m fully tiled with shower, wc & whb
Apt No.8: Studio Apartment c. 4.95m x 4.5m Kitchen: c. 5.22m x 1.43m with floor and wall tiling Shower Room: c. 2.68m x 1.17m fully tiled with shower, wc & whb
**TRANSPORT** – The property is located right beside the centre of Rathmines and accessible to a range of Dublin Bus options. It is also within walking distance of the Ranelagh Luas stop.
**AMENITIES** –The location is second to none in terms of the local shops, cafes, bars, restaurants and leisure facilities in Rathmines and Ranelagh. The property is also adjacent to Begrave Square and the City Centre is within easy reach.
Viewing of this property is by appointment only…