Turley Property Advisors are delighted to bring to the market the opportunity to acquire this mixed-use investment opportunity in the heart of Dun Laoghaire. The subject property comprises a mid-terrace mixed used commercial/residential building with a ground floor retail unit and a residential apartment located overhead which has separate access.
The bright and superbly located residential accommodation extends to 40 sq. m. (430 sq. ft.) and briefly comprises of an entrance hall, living room/kitchen, 2 bedrooms and w/c. There is a tenant in situ paying 11,100 per annum. The property shares an access point with a number of other units in the same complex but sits directly above the retail store. The ground floor retail unit is currently let to the established New Paddy Electronics store which extends to an area of 33 sq. m. (355 sq. ft.). The property is currently being rented for 12,000 per annum.
Convent Road is less than a 2-minute walk from the main retail street in Dun Laoghaire, Georges Street Upper. This offers numerous amenities including excellent shopping facilities, restaurants, cinemas, a theatre and a host of other leisure facilities. The AIB Bank, Dun Laoghaire Shopping Centre, Elverys Sport, Burger King, Penneys and Bank of Ireland are all within close proximity to Convent Road. The recently constructed and award-winning library is within a 5 minute walk. Located nearby the Dun Laoghaire DART line and with numerous Bus Routes to and from the City Centre, there is certainly no shortage of transport possibilities. The M5O motorway is just 8.4km away, a 14-minute drive. Dun Laoghaire has a long history as a retail and affluent residential town and is host to some 220,000 residents of Dun Laoghaire.