Goodbody stockbrokers HQ returns to market at heavily reduced price of €32.5m

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 25 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 98%

Bannon News

Goodbody-Stockbrokers,Ballsbridge,Dublin-4

Dublin 4 office block came close to being sold for €48m immediately prior to Covid-19 pandemic

After coming close to securing the sale of Goodbody Stockbrokers’ Dublin 4 headquarters for €48 million to Derek McGrath’s Core Capital immediately before the arrival of the Covid-19 pandemic, agent Bannon is offering the property for sale once more in a targeted off-market process.The subject property, which is owned by Intrust Properties, benefits from short-term passing income of €3.

No 2 Ballsbridge Park sits on a 1.1-acre site and comes for sale with full planning permission for an extension and refurbishment of the existing building to a total of 133,624sq ft. While the site is of a similar size to that of its neighbour, the building at No 1 extended to just 35,000 sq ft compared to the 57,576 sq ft footprint of the existing building at No 2.

‘We’re moving with the times’: Private all-girls’ school in south Dublin to admit boys for first time

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines