Prime Dublin city centre office investment guiding at €57m

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Trinity Point on South Leinster Street offers third-generation sustainable space and State-backed income in key location via IrishTimesBiz

Trinity Point building occupies a prime corner site fronting on to South Leinster Street and adjacent to the National Art Gallery and Trinity College DublinThe prospect of a net initial yield of 4.14 per cent underpinned in the main by a State covenant coupled with the opportunity for increased rental income in the future should see significant interest from investors in the sale of Trinity Point in Dublin city centre.

Built by Sisk and developed by its current owner, a private Irish investor in 2010, Trinity Point comprises a landmark six-storey over-basement office building extending to 4,060sq m along with 20 secure basement car-parking spaces.

While Trinity Point was developed more than a decade ago, prospective purchasers will note its status as one of the few third-generation sustainable office schemes available in the city’s central business district. The building was designed with an emphasis on sustainability, wellbeing and building efficiency, all of which are now key considerations for companies looking to locate their office operations.

Trinity Point employs a mixed-mode ventilation system, making it highly efficient from an energy-cost perspective. In terms of amenities for tenants, the property includes a landscaped courtyard and extensive terraced space on its fourth and fifth floors offering panoramic views over Trinity College and Dublin city centre.

 

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