Centra & Overhead Apartments,
Oscar Traynor Road,
Coolock,
Dublin 13
FOR SALE
AVAILABLE
Investment Property
€1,150,000

Description
The subject property comprises a high profile and exceptionally busy Centra Convenience Store/Off Licence at ground floor level with four apartments located on the first floor (three x 1 Bedroom and one x two bedroom). The Centra Convenience Store is available with the benefit of vacant possession (turnover figures are available on request). There is good customer car parking with approximately 20 spaces to the front of Centra. Three of the four apartments are occupied and the apartments are located in a very good letting location. Based on the current monthly rents the total income from the residential element is approximately 32,400 per annum (assuming 100% let). The rents being paid are approximately 650 to 750 p.c.m.

Location
The subject property is located in a high profile corner site located on Oscar Traynor Road, Coolock at its junction with Woodlawn Avenue. The property is located close to Coolock and is close to the large Northside Shopping Centre (Dunnes and Super Valu anchor tenants). Coolock is close to Beaumont Hospital, M1 (Airport Road), M50 and a wealth of social & sporting amenities. There is an impressive selection of primary & secondary schools in the area. The city centre is within easy commuting distance and public transport links are very good in the area. The immediate area is mainly residential in nature.

Unit Number Floor Type Annual Rent Lease
Centra Ground Floor Retail N/A Caretaker agreement
Apartment 1 First Floor 1-Bed Apartment 7,800 Monthly
Apartment 3 First Floor 1-Bed Apartment (7,800)* Vacant
Apartment 2 First Floor 2-Bed Apartment 9,000 Monthly
Apartment 4 First Floor 1-Bed Apartment 7,800 Monthly
TOTAL 32,400

BER rating: D2
5,139 sq. ft.
Nick O Loughlin
Property Surveyor
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