A computer-generated image of the Baker's Yard student-accommodation scheme. The subject site is for sale through agent CBRE at a guide price of €7m
The demand for student accommodation in Dublin far exceeds the current supply. According to the Higher Education Authority , there are approximately 85,000 full-time students in Dublin, with 67,000 or 79 per cent being domestic students. Addressing this accommodation crisis presents a lucrative investment opportunity. The student housing market in Dublin offers stable, long-term returns driven by consistent demand. In fact, Savills Ireland has highlighted that student accommodation investments can yield returns of 5-7 per cent, outperforming many traditional real estate sectors. The consistent influx of students, coupled with the lack of sufficient housing, ensures a steady stream of tenants year-round.
Thirdly, integrating student accommodation into broader urban development plans is essential. Ensuring these developments are well connected to public transport, equipped with necessary amenities, and located in safe, vibrant neighbourhoods will make them more attractive to both investors and students.Lastly, fostering public-private partnerships can be a game-changer.
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