Residential & Commercial Investment including 9 apartments & 1 retail unit.
• Quoting €2.6m.
• Contracted Rent €159,924 per annum
• ERV of vacant Café €15k
• 4 x 2 beds
• 5 x 1 beds
• BER – Exempt, C3 to D1
Apartments 1- 6 at Looceville Court are accessed off Somerville Avenue and Apartments 1 -3 Looceville House are accessed from St. Agnes Road. The overall development benefits from mature landscaping and the development has been well maintained.
Somerville Avenue is a lovely quiet avenue, ideally located at the bottom of St. Agnes Road, it is a mature and settled location. The Location is one of exceptional convenience, being situated within easy walking distance of Crumlin village and close to St. Mary's Road. The properties are also within walking distance of countless local amenities including William Pearse Park, Stannaway Park, excellent primary and secondary schools. Ashleaf shopping centre is within close proximity of the subject properties, as well as Crumlin, Kimmage and Terenure villages.
The area is very well served by public transport with numerous bus routes running to and from the city centre. The M50 road network is also close by.
Apartments 1 - 3, Looceville House:
The subject property comprises a two (2) storey detached listed property which has been laid out to provide 3 x 1 bed apartments and 1 separate retail shop/café* with frontage out to St. Agnes Road.
Current Rental Income €43,200 per annum.
* The retail premises has been vacated and was previously occupied by a café operator at an approximate rent of €13,200 per annum. Once the property has been refurbished we estimate that the rental income for the property would be in the region of €15,000 per annum, exclusive of rates and insurance.
The subject property comprises a two (2) storey detached apartment block laid out to provide 6 modern apartments, including 4 x 2 bed apartments and 2 x 1 bed apartments.
Current Rental Income: €116,724 per annum.
Looceville Court 1 53.50 Sq. M. (576 Sq. Ft.) BER C3
Looceville Court 2 55.70 Sq. M. (600 Sq. Ft.) BER C3
Looceville Court 3 42.75 Sq. M. (460 Sq. Ft.) BER D1
Looceville Court 4 53.50 Sq. M. (576 Sq. Ft.) BER C3
Looceville Court 5 55.70 Sq. M. (600 Sq. Ft.) BER D1
Looceville Court 6 42.00 Sq. M. (452 Sq. Ft.) BER C3
Looceville House 1 47.40 Sq. M. (510 Sq. Ft.) BER Exempt
Looceville House 2 47.40 Sq. M. (510 Sq. Ft.) BER Exempt
Looceville House 3 27.90 Sq. M. (300 Sq. Ft.) BER Exempt
Looceville House (Café) 47.40 Sq. M. (510 Sq. Ft.) BER D1
There is secure parking (12) to the front of Apartments 1- 6 Looceville court. Parking is accessed via a remote controlled security gate. Eight (8) spaces have been allocated to the Looceville Court Apartments and four (4) spaces have been allocated to the Looceville House Apartments.
These particulars are issued by ACRES.ie, registered in Ireland, no. 603464. PSRA Licence No. 003787 on the understanding that any negotiations relating to the property are conducted through them. While every care has been taken in preparing them, ACRES.ie, for themselves and for the vendor/lessor whose agents they are, give notice that: (i) The particulars are set out as a general outline for guiding potential purchasers/tenants and do not constitute any part of an offer or contract. (ii) Any representation including descriptions, dimensions, references to condition, permissions or licenses for uses or occupation, access and any other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness (iii) Neither ACRES.ie, nor any of their employees have any authority to make any or give any representation or warranty in relation to the property.